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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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Fiserv Launches Stablecoin for Banks

Finovate

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.

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

The Fintech Times

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. .

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Universal Digital Payments Network (UDPN) and FORUS Digital Announce Strategic Cooperation to Advance Financial Innovation in Africa

Fintech Finance

This partnership between UDPN and FORUS Digital will focus on helping central banks deploy a secure CBDC testing environment for creating use cases and defining new regulations. The UDPN aims to drive down payment and foreign exchange costs whilst accelerating the uptake of regulated digital currencies.

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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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Ripple Plans to Launch USD-Pegged Stablecoin

Fintech News

Ripple, a provider of enterprise blockchain and crypto solutions, plans to introduce a stablecoin tied directly to the US dollar (USD), pending regulatory approvals. With the stablecoin market currently valued at approximately US$150 billion and expected to soar to over US$2.8 said Brad Garlinghouse, CEO of Ripple.