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StraitsX Enables Stablecoin-Based Payments for Tourists at GrabPay Merchants

Fintech News

The new system uses Purpose Bound Money (PBM), which specifies the conditions for using stablecoins, and the Avalanche blockchain. The use of PBM is expected to keep payment processing costs consistent for GrabPay merchants and international payment apps within the Alipay+ ecosystem.

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Ripple Adds RLUSD Stablecoin to Cross-Border Payments Platform

Fintech News

Ripple announced it has added its US dollar-backed stablecoin, RLUSD, to its Ripple Payments platform to support enterprise cross-border transactions using the digital asset. Ripple said the stablecoin is aimed at improving the speed and reducing the cost of international payments processed through its network.

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Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments

Fintech Finance

The global cross-border payments market, currently valued at $44 trillion, is projected to reach $65 trillion by 2030. Stablecoins have emerged as promising alternatives to fully realizing the potential of cross-border payments.

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Vantage Bank looks to stablecoin for international payments

Bank Automation

Vantage Bank continues to develop its stablecoin infrastructure and has identified international payments as a use for the tech.

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Greater Flexibility: BVNK Wallet Offers Stablecoin, Crypto and Fiat Payments All in One Place

The Fintech Times

Unifying global fiat and stablecoin payments, stablecoin payments infrastructure provider BVNK has announced a new embedded wallet. They have existed in today’s market for some time but have had limited capabilities to manage stablecoin, crypto and fiat payments in one place. Why stablecoins?

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StraitsX is Bringing Real-World Stablecoins to the Singapore Mainstream

Fintech News

Stablecoins have been rising in conversation within the financial ecosystem of Singapore. As the name implies, stablecoins are digital assets designed to maintain a stable value relative to a reference asset, such as the US Dollar or gold.

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Juicyway Emerges From Stealth With $3m Pre-seed to Revolutionise Cross-border Payments for Africans

Fintech Finance

As the creators of Nigeria’s largest price discovery engine, Naira Rates , Juicyway facilitates remittances and provides access to FX through various payment channels. It offers multicurrency accounts and access to a liquidity pool for local and international payments at competitive rates.