Tag
Cross-Border Payments
5 articles
Lloyds, Visa Settle $750K USDC in Under 1 Hour, Crushing Traditional Rails
Seven-day pilot showed Lloyds and Visa moving cross-border payments in under 60 minutes using USDC, versus a day-plus on legacy systems.
Circle to Acquire Tazapay for $400M, Expanding USDC Rails in APAC
All-stock deal brings Singapore payments firm's $25B annual volume and 100+ market payout coverage into Circle's ecosystem, deepening USDC utility in emerging markets.
Latitude Raises $35M to Convert Stablecoins Into Local Currency in Emerging Markets
Oak HC/FT-led Series A targets remittance friction in Southeast Asia, Latin America, and Africa by licensing its own payment rails in each region.
DBS, Citi Execute First Weekend Tokenized USD Transfer on Swift Digital Ledger
Cross-border payment between Singapore and New York settled in minutes, bypassing traditional two-day clearing cycle
Brazil Central Bank Blocks Cross-Border Crypto Settlement, Setting Precedent
Brazil’s central bank implemented a sweeping ban on stablecoin and cryptocurrency use for cross-border payments, signaling a tightening global regulatory environment for digital assets.