TokenPost topic
cross-border payments
17 TokenPost stories are tagged cross-border payments. The newest appear first.
Latest cross-border payments stories
- 39 Financial Institutions Apply to Join China’s Cross-Border Digital Yuan Platform
The applicants would connect as direct participants after 26 institutions signed agreements to join CBETS, which supports cross-border trade and personnel movement.
· Technology
- Brazil Central Bank Bars Crypto Settlement in Cross-Border Payments
The restriction covers electronic foreign-exchange providers, fintechs and payment companies, while individuals can still buy and hold crypto assets.
· Regulation
- Ripple Removed From BIS Cross-Border Payments Task Force List
Ripple appeared on the July 8, 2024 roster through payment operations director Rene Huijsen, but neither appears on the task force’s current composition.
· Regulation
- Cosmos Tokenization Suite Can Link Banks to Swift Shared Ledger
The system supports EVM and Hyperledger Besu environments and can connect tokenized deposits with Canton, Partior, Ethereum and Solana.
· Technology
- Jeonbuk Bank Completes Solana Stablecoin Cross-Border Remittance Test
The Korean bank used a private Solana channel and kept counterparties and transfer amounts off the public blockchain during the proof of concept.
· Business
- Citi Expands Tokenized Deposit Service to Japan and UAE
The rollout brings Citi Token Services to seven markets, enabling near-instant, 24/7 cross-border transfers backed by bank deposits.
· Business
- KB Kookmin Bank, BNY Sign Digital-Asset Payments MOU
The partnership will focus on cross-border payments and remittances for foreign nationals and international students, using BNY’s global payments network and “Pay to Wallet” capability.
· Business
- ECB, Central Bank of Brazil Study Link Between TIPS and Pix
The feasibility review covers technical, operational, legal and business issues, but no final agreement or launch date has been announced.
· Technology
- PayPal Expands PYUSD Stablecoin Access to 70 Global Markets
Eligible users can buy, hold, send and receive PayPal USD (PYUSD), transfer it to external wallets and convert it into local currency, subject to local rules.
· Business
- Qivalis Advances Euro Stablecoin Plans for Cross-Border Trade Finance
The Amsterdam-based venture says its planned stablecoin would support payments and settlements, but Dutch authorization remains pending.
· Business
- Stablecoin Cross-Border Flows Rise 77.5% to $220.3 Billion
Transfers increased in the 12 months ending June 2026 even as total crypto market capitalization fell 37% to $2.1 trillion.
· Business
- XRP Rises 5% as Ripple Payments Narrative Boosts Near-Term Momentum
XRP climbed over 5% as traders focused on Ripple’s cross-border payments push and easing regulatory uncertainty despite lingering resistance concerns.
· Investing
- Ripple Secures Preliminary Luxembourg License, Strengthening European Regulatory Footing
Ripple gains preliminary approval for a crypto license in Luxembourg, advancing its European expansion and regulatory strategy amid ongoing U.S. uncertainty.
· Regulation
- MoonPay, Woori Bank Partner to Advance KRW Stablecoin for Global Payments
MoonPay Korea and Woori Bank signed an MOU to explore a won-denominated stablecoin aimed at expanding domestic and cross-border payment use cases.
· Business
- Ripple ODL Pilot in Japan Shows 60% Cost Reduction vs SWIFT
Ripple’s XRP-based ODL pilot in Japan reduced cross-border payment costs by nearly 60% and shortened settlement times, highlighting potential competition with SWIFT.
· Business
- XRP Rebounds 6% Weekly as Payments, ETF Narrative Gain Focus
XRP’s weekly rebound and rising volume bring renewed focus on Ripple Payments, ETF speculation, and its role in global payment infrastructure.
· Investing
- Mastercard to Acquire Stablecoin Firm BVNK for $1.8 Billion, Signaling Payments Shift
Mastercard agreed to acquire stablecoin infrastructure firm BVNK for $1.8 billion, signaling a strategic shift toward regulated stablecoin settlement in global payments.
· Business