#cross-border payments

Highlights: BIS completed the Project Agorá trial using real money instead of simulations. Banks completed real payment tests across six currencies instead of using simulations. The live testing gave major banks practical experience with tokenized wholesale payments. The Bank for […]

Highlights: TRM Labs has flagged a clear split in how countries use digital assets for economic and policy goals. The state-linked crypto activity has increased compliance and legal risk for payment services. Sanctioned countries have turned to digital assets as […]

Highlights: Western Union is testing blockchain settlement rails to speed up transfers. Western Union has launched the stablecoin pilot after the GENIUS Act cleared the path for safer digital transactions. Global payment firms are adopting stablecoins to improve efficiency and […]

Highlights: Kraken launches an app to enable instant peer-to-peer payments with more than 300 assets. Krak app users can earn up to 10% on staked crypto and 4.1% on USDG stablecoin holdings. Analysts say crypto platforms now focus on daily […]

Highlights: Ripple has added RLUSD to Ripple Payments, boosting enterprise transactions and expanding stablecoin use. RLUSD market cap has grown 118% in one month, reaching $200 million with rising demand for stable transactions. Kraken has listed RLUSD, increasing access for […]

Highlights: To enhance cross-border payment efficiency for corporate clients, UBS has piloted a blockchain-based system known as UBS Digital Cash. The pilot comprised trade transactions across multiple currencies on a private blockchain network accessible to authorized clients. UBS Digital Cash […]

Kazakhstan uses its central bank digital currency (CBDC) pilot project to finance the construction of a rail line connecting it with China. The National Bank of Kazakhstan (NBK) launched the digital tenge, a programmable digital currency, ensuring an efficient and […]