JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger
In recent developments, the cross-border tokenized US Treasury transaction using blockchain and banking rails builds on an earlier pilot in which the same fund moved between a public and permissioned…
OpenFX raises $94M to speed up cross-border payments with stablecoins
In recent developments, openFX raised $94 million in a Series A round to expand its stablecoin-based FX network, as firms explore faster cross-border payment infrastructure. Looking closer, market participants highlight…
Circle taps African fintech Sasai to expand USDC adoption in cross-border pay…
In recent developments, the move aims to integrate the second-biggest dollar-pegged stablecoin into regional payment networks to improve cross-border transactions and remittances. Looking closer, market participants highlight key drivers such…
Ripple Drives Corporate Treasury Shift as Cross-Border Liquidity Demands Surge
In recent developments, 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, idle capital, and…
