Search Results for "cross-border payments"
Takenos Hits $500M Volume on Solana (SOL)-Based Payroll Stablecoin
Argentine fintech Takenos processes $500M+ in cross-border payments using its own Solana (SOL) stablecoin, with 500k users across 20 Latin American countries.
Circle Targets $27 Trillion Trapped in Global Payment System With New Network
BIS data shows $27 trillion sits idle in correspondent banking accounts. Circle's Payments Network aims to unlock this trapped liquidity using USDC settlement.
Nium Partners with Coinbase to Expand USDC Payments Globally
Nium integrates Coinbase's USDC infrastructure, enabling businesses to settle cross-border transactions in over 190 countries without prefunding.
Stellar (XLM) Expands Regional Teams to Drive Global Adoption
Stellar (XLM)'s Market Development team focuses on boosting adoption in key regions, targeting local institutions and regulators.
MoneyGram Partners with Tempo Blockchain for Stablecoin Settlement
MoneyGram joins Stripe-backed Tempo as a validator, advancing stablecoin settlement for cross-border payments and bolstering blockchain adoption.
BIS Project Agorá Prototype Cuts Cross-Border Payment Risks
BIS Project Agorá shows tokenized payments settle cross-border transactions in seconds, reducing risks. Live testing phase announced.
MassPay Partners With Coinbase to Boost Stablecoin Payments
MassPay teams up with Coinbase to expand stablecoin payouts, promising faster, cheaper cross-border transactions.
Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance
In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.
FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"
The Financial Stability Board (FSB) has announced its 2024 Work Programme, focusing on crypto regulation, AI, and digital innovation, aiming to enhance global cooperation and stability in finance.
Citi Forecasts Major Shifts in Cross-Border Payments Landscape
Cross-border payments are expected to rise from $150 trillion in 2017 to over $250 trillion by 2027, marking a $100 trillion increase within a decade. Citi's Global Perspectives & Solutions report highlights the transformative potential of the industry, with 90% of financial institution clients believing at least 5% of market share will transition to FinTechs in the next 5-10 years. Challenges include legacy technologies and regulatory obligations.
Seven Key Takeaways You Need to Know About Central Bank Digital Currencies
Why are Central Bank Digital Currencies (CBDCs) important? Do we really need them? What are the implications? How will they be designed? Here are seven key takeaways you need to know.
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.
