African payment giant Flutterwave taps Polygon blockchain for cross-border payments
Flutterwave has partnered with Polygon to enable fast, low-cost stablecoin payments. Pilot is scheduled to start before the end of 2025, expanding to consumers via the Send App in 2026.…
Payment processor Zelle taps stablecoins for cross-border payments
Zelle will use stablecoins for faster cross-border money transfers. The recently passed GENIUS Act in the US gives clear rules, fueling Zelle’s global innovation push. Major US banks are backing…
Ripple expands RLUSD stablecoin into Africa to power cross-border payments
Ripple has inked key collaborations to roll out its dollar-backed stablecoin across Africa. Chipper Cash, Yellow Card, and VALR will integrate RLUSD to support trading and payments. That signals increasing…
SoFi Bank to start using Bitcoin for cross-border payments
SoFi will enable instant cross-border transfers using Bitcoin and UMA. Transfers will convert USD to Bitcoin via Lightning, then to local currency. The service will first launch in Mexico with…
Paypal’s Xoom adds PYUSD as funding for cross-border money transfers
PayPal enables use of PYUSD in cross-border transfers for Xoom users Xoom users in the US can convert PYUSD into USD and send money to 160 countries. Xoom, the international…
Russia’s Exved launches cross-border crypto payments with Tether’s USDT
The platform supports Tether’s USDT stablecoin. Exved has garnered regulatory approval from the Bank of Russia and the Federal Financial Monitoring Service of the Russian Federation. Exved, a Russian digital…
Shinhan Bank, SCB TechX pilot cross-border stablecoin payments on the Hedera
Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht…
Authorities dismantle a cross-border crypto fraud network in Europe
The cross-border fraud network used call centres to defraud victims. The network operated in Germany, Serbia, Cyprus, and Bulgaria. 15 people connected to the network have been arrested so far.…
EU tightens sanctions against Russia with cross-border crypto ban
EU regulators have announced new cross-border crypto sanctions against Russia, banning crypto wallet accounts… The post EU tightens sanctions against Russia with cross-border crypto ban appeared first on CoinJournal.