Tag: CrossBorder

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barq Taps Alipay+ to Launch Cross-Border QR Payments for 12 Million KSA Users

barq, billed as the fastest-growing financial app in the Kingdom of Saudi Arabia (KSA), has officially launched global cross-border QR payments. The new functionality...

Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger

A key piece of financial infrastructure stitching tokenized assets to traditional banking got a real cross-border test this week.Ondo Finance said Wednesday it had...

Brazil’s central bank bans stablecoin and crypto settlement in cross-border payments

Brazil's central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances.BCB Resolution No. 561,...

Cross-border B2B stablecoin payments to hit $5 trillion by 2035, says Juniper Research

International stablecoin payments among businesses will total $5 trillion by 2035, fintech analysts Juniper Research said in a new report. That figure would be...

Russia Advances Sweeping Crypto Regulation Bill, Legalizes Cross-Border Payments And Tightens Market Controls

Russia’s lower house of parliament, the State Duma, has advanced a sweeping bill to regulate digital currencies, marking a major step toward...

Morph Predicts Stablecoins will Capture 10% of Global Cross-Border Payments by 2030

Stablecoins have officially transitioned from a niche speculative tool into a cornerstone of global financial infrastructure, according to a comprehensive new industry report from...

FX startup OpenFX raises $94 million to expand stablecoin-powered cross-border payments

OpenFX, a fintech startup aiming to modernize foreign-exchange markets, raised $94 million in fresh funding as it looks to expand the use of stablecoins...

Ripple Partners with Singapore’s Central Bank on Cross-Border Settlement Infra for Trade Finance

The pilot is part of a broader MAS initiative to extend settlement capabilities using tokenized bank liabilities and regulated stablecoins. Ripple has joined a...

Ripple Drives Corporate Treasury Shift as Cross-Border Liquidity Demands Surge

Rising demand for instant internal cross-border funding is forcing multinational corporations to rethink liquidity strategies, as Ripple’s infrastructure gains traction in addressing costly delays,...

Wise Appoints Former ICE CFO Scott Hill to Board of Directors as Cross-Border Ambitions Grow

Wise, the global technology firm focused on international money movement, has appointed Scott Hill to its board as an independent non-executive director. Hill brings...

Mastercard Unveils Single-Platform Global Commerce Suite to Streamline Cross-Border SME payments in APAC

Small and medium-sized enterprises (SMEs) across the Asia Pacific region are rapidly expanding into global trade, but complex payment processes and limited transaction visibility...