Articles Tagged “Cross Border Payments”
18 articles found
Fasset Reaches $1B Valuation on a $68M SBI-Led Round
Fasset's $68M Series C led by SBI Group values the stablecoin neobank at $1B, lifting its 2026 total to $119M across 100+ banking corridors.
Ripple Payments Reaches Korea's Jeonbuk Bank
Jeonbuk Bank becomes the first Korean regional bank to deploy Ripple Payments, cutting cross-border settlement from days to seconds for local exporters.
Mastercard Pilots Shared Identity Checks for Stablecoins
Mastercard and Borderless.xyz are piloting Crypto Credential for cross-border stablecoin flows, testing a single-audit compliance model with 3 partners.
Wells Fargo Brings Tokenized Deposits to 24/7 Payments
Wells Fargo will launch tokenized deposits this fall on its own blockchain, starting with US dollar to sterling transfers for corporate clients.
Project Agorá Settles Real Money Across Six Currencies
28 banks and 5 central banks moved $1M of real tokenized money across six currencies in BIS Project Agorá, settling in about 80 seconds on average.
Visa Stablecoin Platform Spans Nine Blockchains in Beta
Visa's new Stablecoin Platform lets banks issue and redeem stablecoins across 9 blockchains, launching with the 140-firm-backed Open USD.
SWIFT's Blockchain Ledger Goes Live With 17 Global Banks
SWIFT's blockchain ledger is live: 17 of the world's largest banks on six continents will pilot always-on, 24/7 tokenized cross-border settlement.
Chainlink's Project Pangea Aims for Near-Instant Cross-Border FX
Chainlink and a 50+ bank consortium launched Project Pangea on June 23, 2026 to test near-instant, T+0 cross-border FX settlement using regulated euro and Korean won stablecoins.
Toss Bank and Solana Team Up to Modernize Cross-Border Payments
Toss Bank signed an MoU with the Solana Foundation on June 22, 2026 — the first Korean internet-only bank to partner with Solana — to build cross-border remittance, settlement, and tokenization.
FV Bank Becomes First U.S. Bank to Offer Stablecoin Invoicing
On June 18, FV Bank launched stablecoin invoicing, letting businesses send invoices payable in USDC or PYUSD that settle in U.S. dollars within seconds from a regulated banking dashboard.
Nuvei's $2.75B Payoneer Deal Aims to Build a Cross-Border Payments Powerhouse
Nuvei's $2.75B agreement to acquire Payoneer would create a global payments platform spanning 190+ countries, with stablecoin and agentic-commerce support.
MoneyGram Launches MGUSD Stablecoin to Power Cross-Border Money Transfers
MoneyGram launched MGUSD, a U.S. dollar stablecoin built on Stellar, to power faster, lower-cost cross-border payments for families underserved by traditional finance.
BIS Project Agorá: Tokenization Powers Faster Cross-Border Payments
BIS Project Agorá's prototype proves tokenized cross-border payments enable atomic, around-the-clock multi-currency settlement with smart-contract compliance.
Fasset Raises $51M to Scale a Stablecoin-Powered Neobank — 50+ Payment Corridors, $32B in Volume
Stablecoin-powered neobank Fasset raised $51 million on May 14, 2026 — backed by Japan's SBI Group, Investcorp, and Turkey's Arz Portföy, with $32B in annualized volume across 50+ emerging-markets payment corridors.
Western Union Launches USDPT Stablecoin on Solana for Global Remittance Settlement
Western Union rolled out its USDPT US dollar-backed stablecoin on Solana on May 4, 2026 — issued by Anchorage Digital Bank, with initial deployment in the Philippines and Bolivia for near-instant 24/7 cross-border settlement.
Western Union's Solana Stablecoin USDPT Lands in May — A Global Payments Giant Goes On-Chain
Western Union confirmed on April 27 that its Solana-based USDPT stablecoin issued by Anchorage Digital launches in May 2026, alongside a Digital Asset Network connecting wallets to its global agents.
Mastercard Launches Crypto Partner Program — Uniting Binance, PayPal, Ripple, and 85+ Firms to Bridge Card Rails and Blockchain
The new global initiative brings together crypto-native companies and traditional financial institutions to explore cross-border payments, B2B transfers, and on-chain settlement.
Hong Kong and Shanghai Sign a Blockchain MoU to Digitize Cross-Border Cargo Trade
The two financial hubs signed a memorandum of understanding to build blockchain-based cargo trade infrastructure, targeting faster customs clearance and reduced paperwork.