News with the tag "Cross-Border Transactions"

The stablecoin market has achieved a significant milestone, surpassing $200 billion in total market capitalization , according to data from CoinGecko . This marks a 13% increase over November, reflecting the growing adoption of stablecoins as a key asset in the cryptocurrency ecosystem. Analysts fro...

Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution.

Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment.

South Korea’s Financial Services Commission plans to consult with other jurisdictions, such as Japan and the European Union, on stablecoin rules.

AgriDex’s blockchain-based platform enabled a South African farm to complete a trade with a London importer, showcasing the benefits of onchain settlements.

HKMA and PBoC expand e-CNY for cross-border payments, enabling wallet setup and top-up in Hong Kong.

Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations.

The International Monetary Fund (IMF) is actively developing a global platform for CBDCs to facilitate seamless transactions across borders, announced IMF Managing Director Kristalina Georgieva at a conference in Rabat, Morocco. Georgieva emphasized the importance of avoiding fragmented CBDC solutio...

The U.S. must capitalize on the “high demand” for digitally native U.S. dollars, particularly from those in emerging economies with weak local banking systems, the Circle CEO said.