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Home News Crypto Interledger Protocol targets interoperablestablecoins Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. As a regulatory framework for stablecoins arrives US, firms are scrambling to react and launch their own coins.
The partnership also marks a significant step forward in the expansion of OpenPayd’s recently launched stablecoin infrastructure. RLUSD is an enterprise-grade, USD-denominated stablecoin developed with trust, utility, and compliance at its core—backed by Ripple’s years of experience working with both crypto and traditional finance.
Home News Crypto Fiserv unveils stablecoin for banks Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Recent US action towards stablecoin regulation has seen banks up their interest in such coins.
XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. The company is also a member of the Global Finance and Technology Network (GFTN). The round was led by Jungle Ventures through its First Cheque@Jungle initiative, alongside crypto investment firm Lightshift.
Fiserv is leveraging Paxos, Circle, and Solana to launch FIUSD , a new stablecoin integrated into its global banking and payments infrastructure. In a move that signals growing mainstream adoption of digital assets, payments giant Fiserv has unveiled plans to launch its own stablecoin, FIUSD.
Location Joburg Followers 5 Opinions 23 Follow Unfollow For years, stablecoins existed in a regulatory grey zone – popular as “digital cash” but lacking official oversight. policymakers have sketched out the first federal framework for payment stablecoins. This means the “stable” in stablecoin is now legally enforceable.
The UK must act fast on open, global crypto rules to lead in digital assets, boost stablecoin use, drive tokenisation, and spur economic growth. The strategy should also consider interoperability with global regulatory frameworks, so firms do not face conflicting requirements and unnecessary burdens.
The partnership marks progress for OpenPayd’s recently launched stablecoin infrastructure. Businesses will also be able to convert between fiat and RLUSD, a USD-denominated stablecoin, accessing OpenPayd’s full suite of services, including embedded accounts, payments, and trading, via a single API. .
A stablecoin issuer, once niche and volatile by association, had now joined the ranks of America’s oldest financial institutions. But beneath the bell-ringing and ticker symbols lies a deeper story - one that challenges our assumptions about what crypto is becoming, and who will ultimately control the future of digital finance.
Singapore-based digital payment infrastructure provider and stablecoin issuer, StraitsX , is teaming up with Standard Chartered to enhance the reserve management of its stablecoins.
Bottomline’s connectivity solutions are designed to support these goals through flexible routing and network interoperability. This transition reflects broader efforts to harmonise payment systems across Europe and improve interoperability between domestic and cross-border networks.
The industry must focus on technological investments, enhancing security, and addressing regulatory and interoperability challenges to stay competitive. Furthermore, the survey highlights the key challenges faced by the industry, such as cyber-security threats and the need for interoperability between different payment systems.
All of a sudden, your personal finance app can pull in your bank data and give you a unified view of your finances, or initiate a payment on your behalf – things that were near impossible in the past without your bank’s direct involvement. Open Finance says: why not? Crucially, Open Banking was just the opening act.
Stablecoins can settle in seconds, smart contracts can execute “if-this-then-that” logic without humans in the loop and tokenised assets can move 24/7 across jurisdictions. No, it won’t replace every system but it is rapidly becoming the preferred foundation for anything that needs to be fast, transparent and interoperable.
Most of these centre on how firms handle digital assets, particularly stablecoins, as well as the operational and legal adjustment needed to navigate the changing landscape. Stablecoins, as a subset of digital assets, have been a focal point of both the Bill and the FCAs regulatory discussions.
Rain , a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa. Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.
These solutions are already widely adopted and focus on enabling technical interoperability between existing mobile wallets, offering fast and integrated payment experiences within their local banking ecosystems. Wero, in contrast, offers a unified architecture, designed for full interoperability and scale across Europe.
The agreement brings together OpenPayd’s API-based payment and banking services with Circle’s infrastructure for USDC, a dollar-denominated stablecoin issued by regulated affiliates of Circle. They indicated that the collaboration aims to further expand the use of stablecoins like USDC in practical financial applications.
Digital banking can be a great way to facilitate access to finance for those who would otherwise be unbanked. Personalised banking, simplified loan applications, and digital wallets are just a few of the experiences that make access to finance come alive. Emerging technologies like stablecoins offer one pathway forward.
At this point, if you’ve been working in the financial services industry since January, you’ve likely heard of stablecoins, and you may have heard of tokenized deposits. Here’s a brief overview of where stablecoins and tokenized deposits intersect, where they are different, and where they may be most useful.
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
Furthermore, the report takes a forward-looking approach, incorporating forecasts for 2025 and exploring pivotal themes such as artificial intelligence in payments, the evolution of tokenisation and decentralised finance (DeFi), and the adoption of emerging technologies like blockchain, generative AI, and machine learning.
Lack of interoperability across borders creates bottlenecks This lack of connectivity causes delays, compliance risks, and limited access. Adopt interoperable systems that speak a global language You must choose a solution that supports ISO 20022 and connects to national clearing systems.
. “For instance, in Mexico, were working with local fintechs and other organisations including The Peoples Clearinghouse and The Mexican Association of Credit Unions of the Social Sector (AMUCSS) on an initiative that will introduce an interoperable, real-time payment pathway between the US and 140 rural community banks.
Instead, it has chosen to empower the private sector to lead the development of stablecoins backed by the dollar—cemented through the recent passage of the GENIUS and CLARITY Acts. By enabling the proliferation of dollar-backed stablecoins in digital wallets, cross-border payment systems, and institutional markets, the U.S.
This partnership is set to empower African communities, governments, and businesses, and represents a significant step toward realising the shared goal of financial inclusion and economic advancement across Africa, with blockchain and decentralised finance at the forefront of this transformation.
The two organisations will work together to host elements of Paycode’s digital payment infrastructure on the Algorand blockchain, with a focus on supporting transparent disbursement of aid, integrating stablecoin-based settlement mechanisms, and building resilient, offline-first financial tools.
Participants tackled five central themes: underleveraged innovation, the operationalisation of AI, regulatory challenges, the evolution of embedded finance, and strategic risk planning for 2025 and beyond. Among these, the integration of blockchain and stablecoins in cross-border payments and treasury management emerged as a central theme.
So, you must choose a provider who offers speed, affordability, interoperability, and transparency. Prioritize seamless integration and interoperability You need systems that talk to each other. Instead, you can partner with a digital payment solution provider that understands your goals. That’s what your customers expect.
Banks and payment providers must follow these rules to stop money laundering and terrorist financing. Focus on security, interoperability, and transparency A powerful solution ensures your customers can send money anytime, anywhere, and in any way they want. The Financial Action Task Force (FATF) sets global AML guidelines.
Amid rising fraud, emerging technologies like embedded finance, AI, and stablecoins, and intensifying global competition, the Financial Conduct Authority (FCA) faces mounting pressure to recalibrate its approach to regulationor risk holding back the very sector it aims to protect.
These companies span every segment of the market, from long-established remittances players and banks to neobanks, business-to-business (B2B) platforms, stablecoin providers and regional specialists, and are powering global trade. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.
The popularity of stablecoins is also reaching new heights. The transfer volume of stablecoins hit highs of $717.1 They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial. tokenised deposits and stablecoins) or non-banks (aka. stablecoins).
However, challenges remain, particularly regarding interoperability. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.
Malaysia’s central bank and finance ministry granted licenses to a pair of new digital banks: KAF Digital Berhad and YTL Digital Bank Berhad. The Bank of Ghana and the National Bank of Rwanda inked an MoU to provide companies with a license passporting framework and cross-border payment interoperability.
The Ultimate Guide for Founders, CFOs, and Finance Teams Choosing the right fintech stack can make or break a company’s financial operations. Today, finance leaders are not only responsible for budgeting and compliance, but also for enabling growth through smart, scalable technology choices. Here are the top players: 1.
Meanwhile, embedded finance is redefining what it means to “pay”: increasingly, payments are happening passively within platforms, apps, and devices. However, the next frontier is real-time global interoperability. to under 1%.
Critical Eanblers Interoperability Standards: Global alignment on token schemas and messaging extensions via ISO 20022 working groups or BIS led CBDC Alliances is critical. Tax/Compliance Auto-Remit: Smart-contract slices out tax portion, auto-transfers to government CBDC wallet. It expresses the views and opinions of the author.
Across the EU, operational resilience, real-time payments, and the steady rollout of the Markets in Crypto-Assets Regulation (MiCA) are redefining compliance baselines for digital finance. Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change.
Once heralded as the next transformative technology in finance, blockchain now risks being overshadowed as organisations prioritise investment in AI. “Blockchains potential extends far beyond finance, yet its adoption in other industries remains in an exploratory phase. You cant experience blockchain in the same way.
FIS to integrate with Circle for USDC payments Global banking technology vendor FIS has teamed with stablecoin issuer Circle to give financial institutions the ability to transact in USDC.
Subscribe to FinTech Weekly's newsletter Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more There’s a moment happening in finance right now that isn’t loud, but it’s deep. Integrating stablecoins into enterprise operations is also a strategic choice. With experience spanning Ripple, J.P.
Interoperability across banks, wallets, and payment gateways Your customers are not really concerned about the network connectivity or server-related things. To cater to this need, you must build an interoperable system that connects smoothly with other banks, wallets, and PSPs. That builds trust and reduces disputes.
Not only has the mainstream adoption of stablecoins signalled a renewed interest in and a broader acceptance of blockchain, but it is the first sign of the convergence of decentralised finance (DeFi) and traditional finance (TradFi). It would appear that we already have a clear answer to this question: Tokenization.
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