News with the tag "Cross Border Payments"

Ripple CEO Brad Garlinghouse has recently made a significant statement regarding the future of SWIFT, the traditional system for international money transfers, and the role of XRP in the evolving financial landscape. SWIFT’s Outdated System Garlinghouse argues that SWIFT, despite its long-standing d...

The company also plans to extend their cross-border payments service into more new markets in the near future.

While the adoption and use cases of China’s e-CNY are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.

In a speech delivered on June 19, 2023, in Rabat, Morocco, Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department at the International Monetary Fund (IMF), presented a compelling vision for the future of cross-border payments. He outlined a blueprint for a ne...