Tag: Cross-border payments
Transforming Global Payments: The Rise of Stablecoins
Stablecoins: A Cool Crypto ThingSo, like, stablecoins are this super awesome thing in the world of cryptocurrency, and they're totally gonna change the way we do global payments. According to some folks at a16z...
Societe Generale Launches Stablecoin on Ripple’s XRP Ledger for Increased Adoption
Societe Generale, through its crypto subsidiary SG-FORGE, has made a significant move by extending its EUR CoinVertible (EURCV) stablecoin to Ripple's XRP Ledger. This decision comes as part of SG-FORGE's strategy to expand its...
HKMA Collaborates with Brazilian Central Bank for Cross-Border Tokenization Test
The Hong Kong Monetary Authority (HKMA) recently announced a new collaboration with Banco Central do Brasil (BCB) to further advance cross-border tokenization initiatives. This partnership aims to explore payment and delivery systems for trade...
Siam Commercial Bank Adopts Stablecoins for Cross-Border Payments
Siam Commercial Bank, Thailand's oldest and fourth-largest lender, has made a significant move by becoming the first financial institution in the country to introduce stablecoin-based cross-border payment and remittance services. Partnering with fintech firm...