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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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Ondo Finance Joins the Mastercard Multi-Token Network (MTN) as the First Real-World Asset (RWA) Provider

Fintech Finance

Ondo Finance announced today that it will be the first provider to bring real-world assets (RWA) to the Mastercard Multi-Token Network (MTN), a digital network connecting financial institutions with businesses to improve cross-border payment experiences.

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Unlocking the Future of Global Payments: A Deep Dive into China’s CIPS

Finextra

China’s Cross-border Interbank Payment System (CIPS) is rapidly emerging as a central artery in the internationalization of the Renminbi (RMB), offering a robust infrastructure for cross-border settlements and reshaping how global institutions engage with China’s markets. What Is CIPS and Why Does It Matter?

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RTGS.global Completes First Instant Cross-Border Settlement Between Georgia and Tajikistan

The Fintech Times

RTGS.global, a settlement company focused on enhancing cross-border payments, is celebrating a significant milestone with the successful completion of an inaugural instant settlement cross-border transaction via its global network.

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EMQ Closes Funding Round With $20M For Cross-Border Tech

PYMNTS

Asia-based financial settlements network EMQ , which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI Harper Group, according to a press release. The company targeted countries with particularly high cross-border transaction volumes in rolling out the tool.

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PingPong: Why Doing Payments Globally Is All About Thinking Locally

PYMNTS

To make that connection happen, of course, a payment has to be possible, and enabling those payments to happen across borders is what PingPong was founded to do in 2015. I think we started as a cross-border payments player, but we have ended up going deep into local capacity,” he said.

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Money20/20 Asia 2024: Day Three Roundup

The Fintech Times

Reflections of a successful Money 20/20 Asia Richie Santosdiaz with a few of the visitors from Asia at the National Innovation Agency stand at Money20/20 Asia After completing the final exhibition sessions and ticking off the last items on the agenda for day three, both participants and organisers reflected on a fruitful three-day event.