The global financial system is undergoing rapid digital transformation, yet cross-border payments remain mired in outdated systems. International transfers often take days, incurring exorbitant costs and hindering transparency […]
RBI Advocates for CBDCs Over Stablecoins for Global Payments
The Reserve Bank of India (RBI) urges global central banks to embrace Central Bank Digital Currencies (CBDCs) over stablecoins for international payments. This follows RBI Governor Sanjay Malhotra’s […]
Trump Jr. Discusses XRP with Crypto Commentator in Cross-Border Payments Talk
Renowned crypto commentator Ben Armstrong, known as BitBoy, engaged in a discussion with Donald Trump Jr. about the potential of XRP to revolutionize international banking systems. Their conversation […]
Ripple Unveils New Payment Platform Featuring RLUSD Stablecoin
Ripple has launched a demo version of its new payment platform, showcasing the capabilities of its innovative RLUSD stablecoin for international transactions. The platform is accessible on Ripple’s […]
China’s CNPC Examines Stablecoins for Global Payments
CNPC, a major player in the energy sector, is exploring the potential of stablecoins to streamline cross-border payments. The company recently announced it’s conducting a feasibility study on […]
Hong Kong Paves Way for Yuan-Backed Stablecoins to Facilitate International Payments
China’s State Council is set to review a new plan this month that aims to increase the international use of its yuan through stablecoins. The initiative specifically targets […]
Ripple’s XRP: The Next Frontier in Global Finance?
Beyond short-term price fluctuations, XRP is gaining traction as a transformative force in international payments. With recent highs of $3.62 and current trading around $3.13, its role in […]
Ripple’s XRP: Could it Replace SWIFT after 47 Years of Evolution?
A recent X post by crypto influencer Ripplepumpkin has sparked speculation about the future of cross-border payments. The expert believes XRP could be poised to replace SWIFT, a […]
Uber Seeks Global Settlements Through Stablecoin Adoption
Uber’s CEO, Dara Khosrowshahi, has announced the company’s exploration of stablecoins for international settlements, aiming to reduce transaction costs and accelerate cross-border payments. This potential shift in financial […]
Uber Invests in Stablecoins to Streamline International Payments
Ride-sharing giant Uber is exploring the use of stablecoins, digital currencies designed to maintain a fixed value, as a potential solution for reducing costs associated with international money […]
Chinese Firm Plans $300 Million XRP Treasury for International Payments
Webus International Limited, a Chinese company specializing in AI-powered mobility solutions, has filed paperwork with the SEC to initiate an XRP treasury, signaling its commitment to incorporating cryptocurrency […]
India’s Central Bank Expands Digital Rupee Use, Targets Cross-Border Payments
The Reserve Bank of India (RBI) is expanding its digital rupee pilot program to include new functionalities and cross-border payment use cases. The RBI plans to test the […]
Vaulta and VirgoCX Launch Cross-Border Payments Network Using Stablecoins
Former EOS Network, now known as Vaulta, is partnering with Canadian crypto exchange VirgoCX to launch a new stablecoin-powered remittance service. This venture marks the first major deployment […]