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OpenFX Raises $94M to Speed Cross-Border FX Payments with Stablecoins

OpenFX, a fintech startup focused on foreign exchange and remittances, raised $94 million in a Series A funding round to expand its stablecoin-based payments network....

VersaBank Adds FX to Tokenized Deposits for Cross-Border Payments

VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform,...

Singapore Widens Ripple’s MPI License, Unlocking Full Cross-Border Payments

Key takeaways MAS has expanded Ripple’s MPI license, allowing the company to offer a much wider range of regulated payment services and marking a notable regulatory...

UBS and Ant Team Up to Tokenize Deposits for Cross-Border Payments

Investment bank UBS has entered a strategic partnership with financial technology company Ant International to explore tokenized deposits for real-time cross-border...

Zelle Adopting Stablecoin Rails for Cross-Border Payments to and From US

Early Warning Services, the parent company of payments platform Zelle, said on Friday that stablecoins will be integrated into Zelle to facilitate cross-border...

Visa Pilots Stablecoins For Cross-border Payments

Today in crypto, Visa launched a stablecoin pilot using USDC and EURC to enable real-time cross-border payouts, the US Securities and Exchange Commission (SEC) said it...

Visa Pilots Stablecoins For Cross-border Payments

Today in crypto, Visa launched a stablecoin pilot using USDC and EURC to enable real-time cross-border payouts, the US Securities and Exchange Commission (SEC) said it...