cross-border payments
Coverage of cross-border payments in the Nexus archive.
- Swift launches blockchain ledger for tokenized deposit pilot with 17 banks
Swift launched a blockchain-based ledger to enable 17 banks to pilot 24/7 cross-border payments using tokenized deposits. The initiative aims to enhance cross-border transaction efficiency through tokenization technology.
- MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
MoneyGram launched MGUSD, a USD stablecoin on the Stellar blockchain, backed by Bridge and Fireblocks. The stablecoin targets 60 million+ customers for cross-border payments through MoneyGram's global network.
- BIS says tokenization can improve wholesale cross-border payments
The Bank for International Settlements (BIS) reported that tokenization can enhance wholesale cross-border payments through atomic settlement across multiple jurisdictions. Project Agorá, led by BIS, demonstrated the potential of tokenization to improve efficiency in cross-border transactions.
- BIS project finds tokenization could make cross-border payments faster, safer
The Bank for International Settlements (BIS) conducted a project finding that tokenization could enhance cross-border payments by making them faster and safer. The study highlights potential improvements in efficiency and security for international financial transactions.
- Brazil's central bank bans stablecoin and crypto settlement in cross-border payments
Brazil's central bank has prohibited the use of stablecoins and cryptocurrencies for cross-border payment settlements. The decision aims to regulate digital currency usage in financial transactions.
- Bitcoin adoption doesn’t look like what we think it should - and that’s exactly why we’re missing it.
The article argues Bitcoin adoption is occurring quietly in countries with unstable currencies, driven by necessity rather than mass awareness. It contrasts Bitcoin's role as a speculative asset in stable economies with its use as a survival tool in crisis regions, suggesting real adoption is inevitable by the time it gains Western attention.
- Brazil central bank prohibits crypto use in regulated cross-border payments under new FX rules
Brazil's central bank has prohibited the use of cryptocurrencies in regulated cross-border payments under new foreign exchange (FX) rules. The measure aims to integrate all cross-border payments into the regulated FX system to enhance oversight and compliance.
- African finance goes global
African fintech companies are expanding globally to simplify cross-border payment solutions, aiming to enhance financial inclusion and efficiency across international transactions.
- Visa expands stablecoin settlement network as volume hits $7 billion run rate
Visa has expanded its stablecoin settlement network, achieving a $7 billion transaction volume run rate. The company is enhancing its cross-border payment solutions using blockchain technology.
- Cross-border B2B stablecoin payments to hit $5 trillion by 2035, says Juniper Research
Juniper Research predicts cross-border B2B stablecoin payments will reach $5 trillion by 2035, driven by growing adoption of blockchain-based solutions in global trade.
- Western Union Set to Launch a Stablecoin on Solana in May 2026
Western Union is set to launch a stablecoin on the Solana blockchain in May 2026. The move aims to enhance cross-border payment solutions through blockchain technology.
- XRP Completes SWIFT-Tied Integration For Top U.S. Rail
XRP has completed an integration with SWIFT for a leading U.S. rail company, enhancing cross-border payment solutions. This partnership aims to improve efficiency in international transactions for the rail sector.
- Nium taps Coinbase to add USDC into global payments network
Nium has partnered with Coinbase to integrate USDC-based cross-border payments into its global network, enabling businesses to settle transactions in fiat or stablecoins without requiring prefunded accounts.
- Using a Bitrefill virtual debit card outside the purchasing country
A user is seeking clarification on whether Bitrefill virtual debit cards can be used internationally, as documentation mentions multiple countries but their local website (USA) suggests domestic use only. They aim to make a legal foreign purchase using BTC.