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Thunes and Circle to Facilitate Faster Cross-Border Payments with USDC Stablecoin

Fintech News

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.

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dtcpay Announces Shift to Stablecoin-Only Payment Services by 2025

Fintech News

Digital payment token provider dtcpay has announced a strategic shift to exclusively support stablecoins for all its payment services starting in January 2025. By focusing on stablecoins, dtcpay aims to provide a more secure, predictable, and regulatory-compliant payment solution for businesses and consumers.

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StanChart to Support StraitsX Stablecoin Reserves

Fintech News

StraitsX, a Singapore-licensed stablecoin issuer and digital payment infrastructure provider, has partnered with Standard Chartered to strengthen the reserve management of its U.S. Dollar (XUSD) and Singapore Dollar (XSGD) stablecoins. Standard Chartereds involvement brings institutional-grade reliability to the stablecoins.

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The Stablecoin Revolution in Remittances

Finextra

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

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Ripple Launches RLUSD Stablecoin on Global Exchanges Today

Fintech News

Ripple, a provider of enterprise blockchain and crypto solutions, has launched its stablecoin, Ripple USD (RLUSD) , on global exchanges today. Ripple aims to facilitate global adoption through partnerships with these and other market makers and payment providers, focusing on the Americas, Asia-Pacific, UK, and Middle East regions.

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SCB 10X Introduces ‘Rubie Wallet’ for Stablecoin Payments at Devcon 2024

Fintech News

The wallet facilitates transactions using PBM and was unveiled at the Ethereum Foundation’s conference. Rubie Wallet enables attendees to convert regulated US dollar-pegged stablecoins into THBX, a Thai Baht stablecoin. said Mukaya Tai Panich, CEO and CIO of SCB 10X.

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Ripple launches USD-denominated stablecoin with global partners and enhanced compliance

The Payments Association

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.