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Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-border payments using regulated stablecoins. The post Circle Launches Stablecoin Payments Network for Cross-BorderSettlements appeared first on Fintech Singapore.
Looking ahead, he highlighted Thailand’s efforts to strengthen cross-border payment connectivity through projects like Nexus and mBridge. Security enhancements across digital financial systems are also a key priority as Thailand continues to support its growing digital economy.
With APIs, ISO 20022 messaging, and global collaborations, real-time payments are transforming the way companies operate across borders. Real-time payments are closing the gap between different economies, with financial activity now moving faster than it ever has. Cross-border transactions were traditionally slow, costly, and opaque.
From the decline of physical cash to the rise of blockchain-based systems, central bank digital currencies (CBDCs), and real-time cross-bordersettlements, payments are becoming faster, more secure, decentralised, and increasingly invisible. CBDCs could reduce settlement times to seconds and lower fees to near zero.
The possibitities are now endless Beyond the ledger Blockchain has been part of financial infrastructure for years, from powering cross-bordersettlements to supporting stablecoin transactions and digital asset custody.
With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market. Ninety-eight per cent of the global economy is reportedly already exploring digital versions of their currencies. “There are some fundamental risks inherent in using CBDCs.
Cross-border payments are becoming increasingly important to international economies. The G20 roadmap for enhanced cross-border payments aims to improve the speed, access, transparency, and cost of international payments by 2030.
The potential stablecoin would assist in enabling trade between the four nations by bolstering clearing services as well as cross-bordersettlement, while its collection of collateral would adhere to the International Monetary Foundation (IMF) special drawing rights (SDR) model. .
The potential stablecoin would assist in enabling trade between the four nations by bolstering clearing services as well as cross-bordersettlement, while its collection of collateral would adhere to the International Monetary Foundation (IMF) special drawing rights (SDR) model. .
.” BVNK partners with LianLian Global to bring real-time stablecoin payments to 100 markets LianLian Global , a cross-border payments provider, has joined forces with BVNK , a UK-based stablecoin payments platform, to offer stablecoin payment capabilities to merchants in more than 100 countries.
It is wonderful to see organisation such as the National Innovation Agency (NIA) and Digital Economy Promotion Agency (DEPA) play a part in accelerating that growth.”
with supporting use cases mostly related to financial services and cross-bordersettlement, for a grand total of $242 million in 2018. In January, the International Data Corporation (IDC) reported worldwide spending on blockchain solutions would increase to $2.1 billion by 2021. billion growing to $120.7 trillion in 2021.
Rewiring the cross-border payments paradigm: Risk and security in correspondent banking confirmation May 12 2025 by Payments Intelligence LinkedIn Email X WhatsApp Whats the article about? Cross-border payments support global trade but remain inefficient and risky; modernising them is key to financial inclusion and economic stability.
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