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Mastercard Advances Stablecoin Use for Consumer Payments, Merchant Settlements

Fintech News

Mastercard has introduced new global capabilities to enable stablecoin transactions from wallets to checkouts, expanding its role in digital asset payments. The companys latest partnerships with OKX and Nuvei are part of a broader effort to create a seamless system where consumers can spend stablecoins and merchants can receive them.

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Circle Launches Stablecoin Payments Network for Cross-Border Settlements

Fintech News

Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-border payments using regulated stablecoins. The post Circle Launches Stablecoin Payments Network for Cross-Border Settlements appeared first on Fintech Singapore.

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Aryze and Bloxcross partner to deliver instant access between fiat and stablecoins

The Payments Association

Our new partnership with Bloxcross makes this possible, unlocking instant, compliant access between fiat currencies and fully backed stablecoins. The Missing Link for Stablecoin Adoption Stablecoinslike Aryzes Branded Stablecoins (SaaS)offer a powerful foundation for faster, more transparent payments.

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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. Payments will be settled instantly in Singapore dollars via a regulated stablecoin, providing merchants with immediate local currency settlements.

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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. The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-border settlement into their products. said Milind Sanghavi, Founder and CEO of XWeave.

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Ripple launches USD-denominated stablecoin with global partners and enhanced compliance

The Payments Association

RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system. RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments.

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BVNK Raises $50 Million for its Stablecoin Infrastructure Platform

Finovate

based stablecoin infrastructure provider BVNK secured a $50 million Series B round, boosting its valuation to $750 million. As living proof that the stablecoin revolution is underway, stablecoin infrastructure provider BVNK has raised $50 million. Stablecoins have exceptional potential for cross-border payments and remittances.