Binance Smart Chain (BNB Chain) and the Better Payment Network have entered into a strategic partnership to develop a cutting-edge global settlement network using multiple stablecoins. The aim […]
China Bolsters Cross-Border RMB Payment System
The People’s Bank of China (PBOC) is actively enhancing its cross-border RMB payment system, aiming to improve efficiency and transparency for both domestic and international transactions. The initiative […]
Japan’s Banks Launch Yen & Dollar Stablecoins: Impacting Cross-Border Payments
A groundbreaking initiative spearheaded by Japan’s major banks is poised to revolutionize cross-border payments. MUFG, SMBC, and Mizuho Financial Group are leading the charge in developing yen- and […]
World Bank Highlights Ripple’s Promise for Cross-Border Payments
The World Bank has released a report examining blockchain interoperability and included a favorable assessment of Ripple’s Interledger protocol and XRP cryptocurrency. The report underscores the technology’s potential […]
Stablecoins: Revolutionizing Cross-Border Payments
A new KPMG report reveals how stablecoins are set to transform the world of international money transfers. By significantly reducing settlement times and transaction costs, these digital currencies […]
Stablecoins Transform Cross-Border Payments, Report Finds
A new report reveals that stablecoins are dramatically changing cross-border payments, slashing settlement times and costs by up to 99% according to KPMG research cited by JPMorgan and […]
RBI Governor Advocates for CBDC Adoption over Stablecoins for Cross-Border Payments
Reserve Bank of India (RBI) Governor Sanjay Malhotra has urged central banks worldwide to prioritize Central Bank Digital Currencies (CBDCs) over stablecoins for enhanced cross-border payments. His comments […]
Russia’s Central Bank Exploring XRP for Cross-Border Payments: New Research Points to Potential
A recent analysis by cryptocurrency advocate Amelie (@_Crypto_Barbie) has reignited interest in a 2020 report from Russia’s central bank, suggesting that the country is exploring innovative payment solutions […]
Circle Ushers in a New Era for Cross-Border Payments with Strategic Partnerships
Circle’s USDC is poised to transform the global $20 trillion cross-border payments landscape through strategic alliances. By forging partnerships with leading financial institutions like FIS, Finastra, and Mastercard, […]
Ripple Expands Global Reach: Partnership with American Express Fuels Cross-Border Payments Innovation
In a recent video from the UK Fintech Week, industry leaders discussed the increasing integration of digital platforms into global payment systems, highlighting Ripple’s longstanding collaboration with American […]
Why Nigerian Fintechs are Targeting Francophone Africa
Nigeria’s thriving fintech sector is expanding its reach beyond its borders, targeting the vibrant Francophone markets of West and Central Africa. Driven by high youth demographics, rising mobile […]
Blockchain Cross-Border Payments to Reach $3 Trillion by 2025: Report Reveals Significant Cost Savings and Speed Enhancements
A new report by CoinLaw sheds light on the explosive growth of blockchain payments, predicting a staggering surge in cross-border transactions. The study shows that blockchain-based payments have […]
Visa Tests Stablecoins to Power Faster Cross-Border Payments
Visa Direct is launching a pilot program that utilizes stablecoin prefunding to speed up cross-border business payments. The initiative, led by Chris Newkirk, aims to streamline international transactions […]
Ripple Wins Top Fintech Award: Celebrating Global Financial Innovation
Ripple has been awarded the “Best Initiative with Digital Currencies or Assets” at the PAY360 Awards, solidifying its position as a leading force in global finance innovation. This […]
Visa Unveils Pilot Program Using Stablecoins for International Payments
Visa has launched a pilot program aimed at enabling businesses to fund international payments using stablecoins instead of traditional currency deposits. The move follows recent regulatory clarity from […]