Remove Interoperability Remove Real Time Payments Remove Stablecoins
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XWeave Secures US$3 Million Funding for Stablecoin Cross-Border Payments

Fintech News

XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. Since launching operations in December 2024, XWeave has enabled real-time payments between Singapore and the Philippines. said Milind Sanghavi, Founder and CEO of XWeave.

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Project Guardian: Interoperability From Tokenised Bank Liabilities Could Save Firms $50bn in FX Fees

The Fintech Times

As a Project Guardian participant, Ant International also leveraged its blockchain-based Whale platform to develop a global treasury management use case for real-time multi-currency clearing and settlement. By enabling interoperability between bank solutions, payments can be completed 24/7 with FX settlement conducted in real-time.

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StraitsX Teams Up With Ripple to Launch XSGD Stablecoin on XRP Ledger

Fintech News

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. Tianwei Liu The availability of XSGD on the XRP Ledger is more than a deployment.

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Ripple Payments Combines With OpenPayd Fiat Infrastructure to Simplify Global Money Movement

The Fintech Times

OpenPayd , the financial infrastructure provider, is joining forces with Ripple , the digital asset infrastructure provider, to deliver compliant and scalable payment solutions for enterprise clients. The partnership marks progress for OpenPayd’s recently launched stablecoin infrastructure.

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Tokenized Deposits vs. Stablecoins: What’s the Difference and Why It Matters

Finovate

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.

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How Treasurers Can Prepare For A Real-Time Payments Ecosystem

PYMNTS

.” So it may seem like a big leap in the world of payments for a bank to be built on the foundations of blockchain and digital assets — but as Long pointed out, Avanti will be far from the only one to operate in the space, even in the U.S. “This is not a short-term prospect,” said Long.

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Payments trends report 2024

The Payments Association

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.