Search Results for "border"
Qatari National Bank to Explore Cross-Border Payment Solutions With Ripple
The Qatari National Bank (QNB) is set to launch a cross-border payment solution, powered by blockchain payments firm Ripple Labs Inc.
G20-Backed FSB Sets Out Roadmap for Stablecoins and CBDCs, Optimizing Cross-Border Payment System
The FSB, a G20-backed think tank, has cited the duo of government-issued CBDCs and stablecoins as key drivers in the pursuit of better cross-border payments.
BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030
The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs.
Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies
Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.
QNB Extends RippleNet Remittance Transfer to the Phillippines
The duo of the Qatari National Bank (QNB) and China Banking Corporation (China Bank), are expanding the remittance capabilities of the RippleNet protocol for the benefit of Filipinos living in Qatar.
PayPal Xoom Offers Debit Card Deposit Cross-Border Remittance
US Paypal customers may send money straight to Visa debit card holders via Xoom. 25 nations, including the Philippines, Sri Lanka, Thailand, Ukraine, and Vietnam, have the feature. The typical wire transfer takes five working days, yet users may access cash in minutes.
China Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies
Chinese authorities have dismantled a $2.2 billion underground banking network that used cryptocurrencies to bypass financial controls, seizing $28,000 worth of digital currencies.
Four Countries to Conduct Cross Border CBDC Payment Trials
The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments.
ADB Launches Blockchain Project for Cross-Border Securities Transactions in APAC
Asian Development Bank (ADB) is going to initiate a blockchain-powered project to connect securities depositories and central banks in the APAC region.
China expands digital yuan usage for cross-border trade
China is promoting the use of its digital yuan, also known as e-CNY, for cross-border trade in its Belt and Road initiative. The city of Xuzhou plans to allow the use of e-CNY to pay for services and storage charges for goods carried by cross-border trains, with plans to extend its usage to pay taxes and utility services in the city. The Hong Kong Monetary Authority is also testing the digital yuan as a cross-border payment tool in the Guangdong-Hong Kong-Macau Greater Bay Area, while the Chinese government ramps up its CBDC efforts amid a shift away from the U.S. dollar in international trade markets.
Standard Chartered Undertakes First Cross-Blockchain Trade Transaction Between Hong Kong and Mainland China
Standard Chartered has made a milestone by completing its first cross-blockchain trade finance pilot transaction between Hong Kong and China.
UPI vs Stablecoins vs Banks: Cheapest INR-AED & INR-SAR Remittances (2025 Comparison)
In 2025, UPI, stablecoins, and traditional banks offer varied remittance options from India to the UAE and Saudi Arabia. UPI is cost-effective for receiving, stablecoins are fast and affordable for sending, while banks are reliable but expensive and slow.