News with the tag "Cross-border payments"

Key Takeaways: This initiative tests a hybrid model that marries blockchain efficiency with established trade finance, aiming to set new industry benchmarks. By aligning regulatory clarity in both regions, the project could catalyze broader digital integration and challenge traditional payment delay...

PayPal wants to expand the use of its stablecoin PYUSD to include global payments through Hyperwallet as well as other products by 2025. According to a recent Bloomberg report , PayPal is preparing to integrate its USD-pegged stablecoin , PayPal USD ( PYUSD ), into more of its products. The payment ...

Ripple has once again made headlines with its latest step to revolutionize cross-border payments. The blockchain giant has partnered with Unicâmbio, Portugal’s leading currency exchange provider, to bring crypto-enabled payments to the country. This move expands the cross-border payment service prov...

Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions.

Elvira Nabiullina, Governor of the Central Bank of Russia, reaffirmed the institution’s position against the use of cryptocurrencies for domestic payments. Speaking at a recent press conference, Nabiullina stated, “We continue to believe that cryptocurrencies should not be used as…

Outgoing Reserve Bank of India Governor Shaktikanta Das envisions the digital rupee revolutionizing India’s economy, emphasizing gradual CBDC adoption.

Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships.

Latin America continues to be a center of blockchain integration with Nuvei and partners' new e-commerce solution for merchants.

TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions.

Mastercard Multi-Token Network is connecting with JPMorgan's ambitious Kinexys Digital Payments for faster settlement.