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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 paymentsolution for businesses and consumers.
Coinbase, the global cryptocurrency platform, plans to introduce stablecoins pegged to the Thai baht and Philippine peso as part of its focus on Southeast Asia, according to a report by Nikkei Asia. Pollak emphasized that stablecoins aim to modernize legacy financial systems rather than replace national currencies.
Singapore-based digital payments provider dtcpay has partnered with BNB Chain to accelerate the real-world utility of stablecoins, making paying with stablecoins more practical, accessible, and cost-effective for everyday transactions. million DAU on BSC, significantly expanding their payment options. technologies.
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.
Through the partnership, OpenPayd’s global fiat infrastructure, including real-time payment rails, multi-currency accounts and virtual IBANs, will support Ripple Payments into EUR and GBP. The partnership also marks a significant step forward in the expansion of OpenPayd’s recently launched stablecoin infrastructure.
Rubie Wallet enables attendees to convert regulated US dollar-pegged stablecoins into THBX, a Thai Baht stablecoin. Operating within the regulatory sandbox framework established by the Bank of Thailand and the Securities and Exchange Commission, Rubie Wallet aims to provide a secure and efficient paymentsolution.
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.
For South and Southeast Asia, where remittances are a major economic lifeline, these digital assets offer a compelling solution to long-standing challenges: high costs, delays, currency volatility, and limited financial access. Fast settlement: Typical wire transfers take 3–5 days; stablecoins settle in minutes or less.
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.
Thats why you need an eCommerce paymentsolution to ensure the ducks feet paddle calmly under the water and steer it in the right direction. This ultimate guide will teach you everything you need to know about eCommerce paymentsolutions. The eCommerce paymentsolution infrastructure involves several key players.
dtcpay , a leading stablecoinpaymentssolution in Singapore, is thrilled to announce a groundbreaking partnership with Metro, one of Singapores most iconic and trusted department stores. This collaboration marks a bold step into the future of retail, empowering Metro customers to shop seamlessly using stablecoins.
Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoinpayment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.
In 2025, payments firms must prioritise compliance, open banking expansion, and stablecoin readiness to navigate regulatory shifts and drive growth. With regulatory scrutiny at an all-time high, payments firms must keep pace with evolving regulations to avoid financial penalties and reputational risks.
dtcpay , the licensed payment service provider, has announced that it will no longer be supporting Bitcoin (BTC) and Ethereum (ETH) in the new year as it transitions to only support stablecoins for its Digital Payment Token (DPT) payment services.
Introducing the AIsa Payment Network AIsa combines the speed of the Lightning Network with the stability of multi-asset stablecoins to deliver an AI-native paymentsolution. Programmable Payments: Smart contract integration for automated transactions.
“The initiative is the first of its kind globally to adopt a stablecoin pegged to the UAE dirham for public transport payments,” the partners say. “This milestone is part of joint efforts to enhance digital paymentsolutions and develop a smart, secure, and seamless transportation experience.”
As a result, the USD-denominated stablecoin is now being integrated into Ripple ‘s flagship paymentssolution, Ripple Payments, as the digital asset infrastructure provider looks to drive RLUSD’s utility and demand.
Deutsche Bank and Ant International have announced their strategic partnership to provide more comprehensive paymentsolutions for businesses of all sizes in Europe and Asia, by combining their expertise and leveraging Ant International’s proprietary tokenisation and AI-based FX technology.
This collaboration is set to enhance the financial infrastructure in the Brazil region, allowing financial institutions, payment companies, fintechs, and corporates to easily access BRLAs local payment rails through Borderless.xyzs unified platform. About BRLA BRLA is a pioneering payments and stablecoinsolutions provider in Brazil.
The two firms will also explore innovations in cross-border payments, including tokenised bank deposits and stablecoins, with the goal of helping Ant International and its clients reduce foreign exchange-related costs and risks.
dtcpay, a global leader in stablecoinpaymentsolutions, is delighted to announce that it has received the Green Light Letter for its Electronic Money Institution (EMI) license application from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.
Ozean , a blockchain for Real-World Assets (RWA) yield launched by Clearpool , is joining forces with First Digital , a Hong Kong-based group offering global multi-asset custodial, trust, payments and stablecoinsolutions, as part of WakeMaker, Ozean’s accelerator programme.
With in-depth data covering global market penetration, transaction values, and consumer preferences, the insights presented here will empower decision-makers to refine their strategies, enhance operational efficiency, and capitalise on the growing demand for innovative paymentsolutions.
Stablecoins are proving to be popular among the unbanked in Mexico. “By building on Starknet, were able to offer a paymentssolution that is truly built for the peoplecheaper, faster, and incredibly easy to use. to $32a x21 jump driven by trust and higher-value use cases like utility payments and mobile plans.
Singapore-based digital payment infrastructure provider and stablecoin issuer, StraitsX , is teaming up with Standard Chartered to enhance the reserve management of its stablecoins. The post Standard Chartered Set to Support Reserve Management of StraitsX Stablecoins in Singapore and US appeared first on The Fintech Times.
What trends are shaping the future of payments, and how is the business responding? Rotzer identifies several trends likely to influence the payments landscape, including artificial intelligence (AI), embedded finance, and digital currencies such as stablecoins and central bank digital currencies (CBDCs).
OpenPayd , the financial infrastructure provider, is joining forces with Ripple , the digital asset infrastructure provider, to deliver compliant and scalable paymentsolutions for enterprise clients. The partnership marks progress for OpenPayd’s recently launched stablecoin infrastructure.
Shift4 merchants will be able to accept payments in a variety of cryptocurrencies from around the world, including Bitcoin , Ethereum, Solana, US Dollar Coin (USDC) and other major stablecoins. All crypto payments will automatically be converted to US dollars and settled to the merchant. .”
Businesses are always on the hunt for new paymentsolutions to provide their customers with a better experience. To meet this demand, investment banking company, Deutsche Bank and Ant International , the global digital payment firm, have announced a new partnership.
Notably, the rise of cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) are transforming the digital payments landscape. Here’s how these technologies are reshaping the payments ecosystem: Stablecoins are transforming cross-border payments by providing faster, cheaper alternatives to traditional transfers.
In this blog post, let’s explore the biggest roadblocks in global payouts and how to overcome them with a cross-border paymentssolution for businesses. How financial institutions can overcome these challenges Each challenge can be solved with the right strategy and a reliable cross-border paymentsolution.
Stricter segregation requirements could limit operational flexibility, affecting firms offering diverse paymentsolutions, particularly those operating in international markets. For firms to navigate these challenges effectively, strategic investments in technology, compliance expertise, and stakeholder engagement will be crucial.
BVNK , a stablecoinpayment infrastructure provider, is joining forces with First Digital , the group behind First Digital USD, in a move to bolster the adoption of the USD-backed stablecoin within the crypto ecosystem.
Stringent requirements on stablecoins: MiCA places significant emphasis on asset-reference tokens (ARTs) and Electronic Money Tokens (EMTs), commonly known as stablecoins. The regulation introduces strict requirements for stablecoin issuers, including robust reserve backing, transparency, and governance.
RD Technologies raises $40 million in advance of stablecoin licensing Hong Kong-based stablecoin infrastructure firm RD Technologies has secured $40 million in Series A2 funding. The funding comes as Hong Kong’s stablecoin licensing regime takes effect.
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. When a user makes a payment with a Rain-issued Visa card, Visa settles with the merchant acquirer as usual.
Using stablecoins to settle complicated crypto payments, Paydify , the universal gateway for crypto payments, has launched a new service which will enable businesses to accept crypto payments from any wallet or blockchain network.
“Blockchain-based technologies, especially in payments and remittances, will enhance transparency and reduce costs for cross-border transactions. “Paymentsolutions using crypto to facilitate cross-border transactions with low fees will benefit migrant workers and globalised communities.
Partnering with a reliable digital paymentsolution provider Dont build everything in-house. Instead, you can partner with a digital paymentsolution provider that understands your goals. Your customers are ready for faster payments. These features help you stay agile as customer needs change.
With a new generation of crypto paymentsolutions now available, businesses can accept crypto seamlessly, converting it instantly to their local currency. As consumers express interest in paying with digital assets, businesses see a means of gaining a larger customer base.
Data published this year indicated that 75% of payment industry professionals identified instant payments as an essential technology for winning paymentsolutions. Markets in Crypto-Assets (MiCA) As instant payments gained traction, regulatory focus turned to another rapidly evolving area: crypto-assets.
In this guide, you’ll understand what digital payment security is and what these regulations mean, how they impact your payment operations, and what you need to do to meet them. Most importantly, you’ll see how the right digital paymentsolution can make compliance simpler and more effective. So, let’s dig in.
23 July Konstantin Rabin Head of Marketing at Kontomatik Wise and Revolut - The Business Beyond Affordable Money Transfers 22 July Milko Filipov Senior Manager at valantic Accepting Stablecoin and Crypto Payments: What Merchants Must Know About Settlement 22 July Now Hiring All companies Welcome to Finextra.
Expansion of multi-currency SWIFT services, extending its reach across Latin America, Asia-Pacific, and EMEA, enabling more financial institutions to access seamless cross-border paymentsolutions. Rolling out the stablecoin payouts for traditional financial institutions having their fiat accounts with Clear Junction.
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