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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.
Mastercard has introduced new global capabilities to enable stablecoin transactions from wallets to checkouts, expanding its role in digital asset payments. The companys latest partnerships with OKX and Nuvei are part of a broader effort to create a seamless system where consumers can spend stablecoins and merchants can receive them.
Global payments network Thunes has announced a collaboration with Circle , the issuer of regulated stablecoins USDC and EURC. This partnership aims to enhance stablecoin liquidity management in cross-border payments. Settlements made with stablecoins provide exactly these four things.
Bitso Business the B2B arm of Bitso that provides the infrastructure for the future of cross-border payments releases its 2024 results. billion registered in 2022, consolidating an accelerated cross-border remittances growth. For these transactions, in 2024 3 Bitso Business registered a volume of more than $6.5
XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-bordersettlement into their products.
Nuvei has expanded its global money movement capabilities by using stablecoin rails to enable faster, lower-cost payouts to bank accounts worldwide, focusing on emerging markets where traditional infrastructure often causes delays and inefficiencies. ” said Phil Fayer, Chair and CEO of Nuvei.
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual Cross-Border Payments 100 list, highlighting the 100 most influential players in global payments. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.
Juicyway addresses this need by leveraging stablecoin technology to enable fast, affordable global money transfers with 24/7 execution and settlement. Stablecoin technology and our network model make this vision achievable by enabling fast and efficient money movement. We couldn’t be more excited to support their journey!
StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has partnered with Ant International and superapp Grab to launch a new blockchain-based cross-border payment system. The new system uses Purpose Bound Money (PBM), which specifies the conditions for using stablecoins, and the Avalanche blockchain.
Visa is upping it game in the stablecoin market, expanding its settlement capabilities in the Europe, Middle East, and Africa (CEMEA) region to enable USD cross-border transactions through blockchain technology.
Singapore-based stablecoin infrastructure provider StraitsX has unveiled a refreshed brand identity as it expands its role in enabling compliant, real-time payment settlements. Its stablecoins, XSGD and XUSD, are among the first to be recognised under MAS forthcoming Single-Currency Stablecoin framework.
Fast settlement: Typical wire transfers take 3–5 days; stablecoins settle in minutes or less. FX Stability Pegged to USD, stablecoins offer protection from currency depreciation (e.g., Key Facts & Statistics Transaction volume : In 2024, stablecoin volume hit $27.6 in Sri Lanka or Myanmar). in Feb 2024 to $4.1T
The payments landscape is evolving, but the way we move money across borders has struggled to keep pace. Our new partnership with Bloxcross makes this possible, unlocking instant, compliant access between fiat currencies and fully backed stablecoins. This is not just faster payments.
Community Your feed Latest expert opinions Groups Join the Community 23,479 Expert opinions 41,848 Total members 350 New members (last 30 days) 190 New opinions (last 30 days) 29,133 Total comments Join Sign in Stablecoin – CrossBorder Payment Driver?! Global payments between 2018 and 2023 grew rapidly.
Stablecoins are valued one to one to their parent. Up to now US stablecoins are regulated by individual states, for example New York applies its existing virtual currency regulations to stablecoins rather than treating them as a separate asset class. Stablecoins Act” or “GENIUS Act.” Final regulations expected in 2026.
Introducing the AIsa Payment Network AIsa combines the speed of the Lightning Network with the stability of multi-asset stablecoins to deliver an AI-native payment solution. Designed to process transactions as small as $0.0001, AIsa enables instant settlements with near-zero fees.
RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system. RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments.
But ask most people (even some in finance) what a stablecoin actually is, and the answers get a little fuzzy. With regulation finally catching up and central banks taking a closer look, stablecoins are stepping into the spotlight. Others, including the Bank for International Settlements, warn that they’re built on shaky ground.
Stablecoins are blowing up the financial ecosystem. As proof, we saw news last week that major retailers Walmart and Amazon are exploring developing their own stablecoins. If retailers are jumping onto the stablecoin bandwagon, should your firm or fintech be considering doing so, too? Should you issue your own stablecoin?
AllUnity , a European digital payments infrastructure provider, has launched a new fully-reserved euro-denominated stablecoin, dubbed ‘EURAU’ EURAU has officially launched on the Ethereum blockchain, and AllUnity says it plans to expand to additional blockchain networks later this year.
With firms spending roughly $120billion (S$154.2billion) on cross-border transaction fees, alternatives are being sought after. According to a new report from the Project Guardian FX industry group, implementing tokenised bank liabilities and shared ledgers in cross-border payments and FX is a viable solution.
Finzly , a leader in modern, API-first payment infrastructure, announced its preparation to support stablecoin and tokenized deposits —adding to its platform that already supports Fedwire, RTP, FedNow, ACH, SWIFT, and cross-border rails. globally when utilizing stablecoins according to CoinLaw.
From a Press Release dated June 11, 2025, Philadelphia, Pennsylvania Matera , a leading financial technology provider, has partnered with Circle , the global issuer of the USDC stablecoin, to integrate stablecoins as a mainstream payment method within core banking systems.
RT2: Renewed real-time gross settlement marks transformation for UK payment providers 9 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? RT2, the UK’s new Real Time Gross Settlement service, and its transformative impact on the payments ecosystem. Why is it important?
Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Mastercard, Visa play down stablecoin threat The giant card networks are sifting through the opportunities and threats that stablecoins present for their businesses.
based stablecoin infrastructure provider BVNK secured a $50 million Series B round, boosting its valuation to $750 million. As living proof that the stablecoin revolution is underway, stablecoin infrastructure provider BVNK has raised $50 million. Stablecoins have exceptional potential for cross-border payments and remittances.
Cross-Border Appeal : Cryptocurrency payments are especially advantageous for cross-border transactions, with lower fees than traditional international bank transfers. Wholesale CBDCs focus on interbank settlements, enhancing security and efficiency in large transactions between financial institutions.
StraitsX has launched its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), marking a new phase in its collaboration with Ripple to support real-time digital payments across Asia. XSGD is a stablecoin regulated by the Monetary Authority of Singapore (MAS) and backed 1:1 by reserves held with DBS Bank and Standard Chartered.
Stablecoins: Visa has been facilitating cryptocurrency transactions for over five years and is now expanding its offering to include stablecoin-backed cards, settlement, and programmable money. In Asia Pacific, Visa is working with StraitsX for stablecoinsettlement.
New York, New York, April 17th, 2025, FinanceWire Borderless.xyz , a global payments infrastructure company that enables transactions using stablecoins and real-world assets (RWAs), is pleased to welcome Trace Finance , a leading provider of digital asset infrastructure in Brazil, to its growing network.
Home News Crypto Visa adds settlement support for more stablecoins Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Stablecoin adoption is exploding, with $27 trillion in total transaction volume globally across 1.25
For years, I watched stablecoins hover at the edges of the UK’s financial system – too unstable to serve as payments, too misunderstood to be seen as legitimate money and too often dismissed as crypto’s lesser-known cousin. Beyond ambition Credible stablecoin offerings aren’t just defined by tokenomics or market traction.
The findings show a broad range of perceived benefits, such as faster settlements and lower transaction costs—offset by concerns around fraud, consumer awareness, and technical integration. Enhancing customer experience, faster settlements, and lower transaction fees are the most commonly cited positives.
Clearpool is expanding into Payment Financing (PayFi) , a rapidly growing credit vertical powering global stablecoin payments for leading fintechs across remittance, card processing, and on/off-ramp services. However, while stablecoins settle quickly, fiat money doesn’t always move as fast.
Notably, the rise of cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) are transforming the digital payments landscape. Here’s how these technologies are reshaping the payments ecosystem: Stablecoins are transforming cross-border payments by providing faster, cheaper alternatives to traditional transfers.
Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions.
The crypto payment adoption is growing rapidly across the European Union (EU), with stablecoins being widely used as a preferred cryptocurrency among businesses. The Rise of Stablecoins in Europe With the evolving global financial landscape, European businesses are aggressively turning to cryptocurrency payments for more efficiency.
Home Announcements Payments Remitly launches wallet for cross-borderstablecoin payments External This content is provided by an external author without editing by Finextra. Yet in many parts of the world, sending money across borders remains slow, costly, and fragmented. It expresses the views and opinions of the author.
Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief Tensec raises $12M to boost growth Meanwhile, other cross-border payment firms have raised millions in recent weeks to bolster their international expansion.
Therefore, many of them consider stablecoins for accepting payments. Let us understand why stablecoins are the safest option for accepting cryptocurrency payments. What Are Stablecoins? Stablecoins are a type of cryptocurrency that is free from volatility risks. On the other hand, stablecoins maintain a stable price.
Ozean , a blockchain for Real-World Assets (RWA) yield launched by Clearpool , is joining forces with First Digital , a Hong Kong-based group offering global multi-asset custodial, trust, payments and stablecoin solutions, as part of WakeMaker, Ozean’s accelerator programme.
On this week’s episode of News & Views, The Fintech Times team debate the future of stablecoins, open banking payment methods, and an opportunity around crypto and web3 in the UK, potentially worth billions. This week, all three of our hosts share articles that caught their eye.
As a result, the USD-denominated stablecoin is now being integrated into Ripple ‘s flagship payments solution, Ripple Payments, as the digital asset infrastructure provider looks to drive RLUSD’s utility and demand. Over time, Ripple will also expand the use of RLUSD for our payments customers.
Clear Junction , a specialist in global payments and banking infrastructure for regulated financial institutions, has launched a new on-chain stablecoin transfer service. Stablecoin use cases are also emerging in treasury operations, and crypto-fiat liquidity management.
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