HSBC, Standard Chartered Complete First Live Transaction on Swift Ledger
The banks used Swift’s blockchain ledger to coordinate tokenized-deposit obligations before final settlement through existing payment systems.
Tag: cross-border payments
Jeonbuk Bank Deploys Ripple Payments for Cross-Border Transfers
South Korea’s Jeonbuk Bank is deploying Ripple Payments for business remittances, but the announcement leaves key operating details undisclosed.
Bank of England Lab Tests Stablecoin and Digital Pound Settlement
A Digital Pound Lab experiment is testing whether stablecoin and simulated digital-pound legs can be coordinated in one cross-border trade-finance flow.
IMF Says Local Stablecoins Could Accelerate Digital Dollar Use
IMF official Dan Katz says local-currency stablecoins may make it easier for users to switch into dollar tokens, reshaping oversight of cross-border flows.
Mastercard Completes BVNK Acquisition for Stablecoin Infrastructure
Mastercard has completed its acquisition of BVNK, adding stablecoin infrastructure for business payments, payouts, settlement and treasury workflows.
Bank of Italy Study Finds Fiat Rails Drive Stablecoin Remittance Costs
A Bank of Italy research paper finds that stablecoin remittance costs and speed depend more on exchanges, conversion and domestic payment rails than on blockchain fees.
BIS Project Agorá Moves Tokenised Payments Into Real Value
Project Agorá tested about CHF 800,000 of real-value wholesale payments, moving its tokenised cross-border model beyond functional simulation.
FCA Sprint Feedback Favors Cross-Border Stablecoin Payments
Feedback from the UK FCA’s Stablecoin Sprint identifies cross-border payments as the clearest near-term opportunity while flagging limits in domestic retail.
Kakao and Circle Explore Won Stablecoin Payment Infrastructure
Kakao, Kakao Pay and KakaoBank signed an MOU with Circle to study won-linked digital assets, cross-border payments and merchant settlement.
BPI Plans Stablecoin Rail for Inbound Cross-Border Payments
BPI is preparing a stablecoin settlement pilot with Meridian for overseas payroll and other inbound payments to Philippine bank accounts.
BIS Researchers Find Stablecoin Flows Resist Capital Controls
A new BIS working paper finds stablecoin inflows respond to economic stress but show little measurable sensitivity to capital controls.
Hyundai Tests USDT for Cross-Border Treasury Settlement
Hyundai’s US and Mexican units completed a $20,000 USDT transfer pilot, testing stablecoin settlement within an established corporate treasury process.