Tag: CrossBorder

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J.P. Morgan broadens Kinexys blockchain settlement network as banks modernize cross-border payments

J.P. Morgan has expanded the number of currencies supported by its Kinexys blockchain payments platform, a move that could make it easier for multinational...

China Central Bank Monitors Stablecoins’ Cross-Border Role

China’s central bank is paying closer attention to stablecoins as privately issued digital currencies take on a potentially larger role in the international monetary...

BIS’ Project Agora finds tokenization could make cross-border payments faster, safer

A major experiment led by the Bank for International Settlements (BIS) found that tokenization could help fix some of the biggest pain points in...

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...