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Circle Launches Stablecoin Payments Network for Cross-Border Settlements

Fintech News

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-Border Settlements appeared first on Fintech Singapore.

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Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024

Fintech News

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.

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Real-Time Payments and the Future of Cross-Border Transactions: What Businesses Need to Know

Finextra

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.

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What will payments look like in 2030?

The Payments Association

From the decline of physical cash to the rise of blockchain-based systems, central bank digital currencies (CBDCs), and real-time cross-border settlements, payments are becoming faster, more secure, decentralised, and increasingly invisible. CBDCs could reduce settlement times to seconds and lower fees to near zero.

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The FinTech Times – Edition 60

The Fintech Times

The possibitities are now endless Beyond the ledger Blockchain has been part of financial infrastructure for years, from powering cross-border settlements to supporting stablecoin transactions and digital asset custody.

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Will Central Bank Digital Currencies (CBDCs) Impact Cross-Border Payments in 2024?

The Fintech Times

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.

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Cross-Border Real-Time Payments Make Tangible Progress as Over 50% Consumers Use Them, Says GlobalData

Fintech Finance

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.