Mastercard Says Stablecoin Payments Need Faster Fiat Connections
Mastercard’s Matthew Driver says slow conversions into and out of stablecoins can erase payment-speed gains, even when the blockchain transfer is fast.
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Bank of Italy Study Finds Stablecoin Remittances Lack Consistent Cost Advantage, Hitting Up to 9% Expense
A real-world remittance study by the Bank of Italy found that stablecoin transfer fees vary drastically by corridor, reaching as high as 8.96%.
Bank of the Philippine Islands to Pilot Stablecoin Settlement Rail for Cross-Border Remittances
Major Philippine lender BPI is launching a stablecoin settlement pilot with digital clearinghouse Meridian to speed up inbound cross-border payments and reduce transfer costs for overseas…
MoneyGram Launches MGUSD Stablecoin on Stellar to Power Global Remittance Network
MoneyGram integrates a self-custodial digital dollar into its mobile app, partnering with Bridge, M0, and Fireblocks to bypass traditional banking delays.
Western Union Launches USDPT on Solana to Modernize Global Remittance Network
Western Union bridges the gap between legacy retail finance and blockchain, launching the federally-regulated USDPT stablecoin on Solana to streamline settlement across its 200-country network.
Tether Leads Belo’s $14M Series A to Disrupt Latin American Payment Rails
Argentine fintech Belo secures $14 million in a round led by Tether to scale its stablecoin-powered digital wallet across six new markets, targeting the region's exploding…
Trump-Backed WLFI Eyes FX, Remittance Expansion
World Liberty Financial plans to launch a foreign exchange and remittance platform as it expands beyond DeFi lending, drawing political scrutiny
South Korea Uncovers $100M Crypto Remittance Ring
South Korean authorities charged three suspects over an underground remittance network that moved more than $100 million using WeChat Pay, Alipay, and cryptocurrencies.