Cross-Border Payments

A user tracks charts on an tablet with a keyboard and larger monitor in the background.
Fireblocks, Zodia Markets Partner to Improve Cross-Border Payments
The two crypto firms are attempting to improve cross-border payments via stablecoins for large corporations and institutions.
A user tracks charts on an tablet with a keyboard and larger monitor in the background.

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)
IMF Official Presents Blueprint for Cross-Border CBDCs
The organization wants to help cut the cost of cross-border transactions without abandoning compliance checks or capital controls, Tobias Adrian, director of IMF’s monetary an...
The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Singapore's central bank is among those testing DeFi for foreign exchange markets. (seng chye teo/Getty Images)
France, Switzerland, Singapore to Test DeFi in Forex Markets
The countries' central banks started Project Mariana because they think decentralization could be the future of finance.
Singapore's central bank is among those testing DeFi for foreign exchange markets. (seng chye teo/Getty Images)

Stablecorp CEO: 'It's Time to Build the Boring Stuff'
Stablecorp CEO: 'It's Time to Build the Boring Stuff'
Stablecorp aims to reduce cross-border payment friction using bank-grade blockchain technology. CEO Alex McDougall discusses whether TradFi players are interested in working w...
Stablecorp CEO: 'It's Time to Build the Boring Stuff'

Dutch Central Bank President and Financial Stability Board head Klaas Knot (Horacio Villalobos/Corbis/Getty Images)
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stabi...
Dutch Central Bank President and Financial Stability Board head Klaas Knot (Horacio Villalobos/Corbis/Getty Images)

Several central banks successfully piloted a CBDC trial, the Bank for International Settlements said Tuesday. (Twenty47studio/Getty Images)
Landmark International CBDC Test Deemed Success, BIS Says
Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said
Several central banks successfully piloted a CBDC trial, the Bank for International Settlements said Tuesday. (Twenty47studio/Getty Images)

IMF officials want to make cross-border payments easier by using digital currency. (William Potter/Getty Images)
New Global CBDC Platform Could Cut Payment Costs, IMF Says
The International Monetary Fund remains skeptical about a private system, but is pushing for new ideas on state-backed digital currencies.
IMF officials want to make cross-border payments easier by using digital currency. (William Potter/Getty Images)

CBDCs would be better than bitcoin or stablecoins at speeding up cross-border payments, a European Central Bank study says. (Raimund Linke/Getty Images)
Bitcoin, Stablecoins the Worst Options for Cross-Border Payments, ECB Study Says
A senior central banker said state-backed digital currencies would be quicker and cheaper.
CBDCs would be better than bitcoin or stablecoins at speeding up cross-border payments, a European Central Bank study says. (Raimund Linke/Getty Images)

BIS Study: Regulate Ledgers, Not Individual Crypto Providers
BIS Study: Regulate Ledgers, Not Individual Crypto Providers
According to a working paper produced for the Bank for International Settlements (BIS), using distributed-ledger technology (DLT) to cut the cost of cross-border payments requ...
BIS Study: Regulate Ledgers, Not Individual Crypto Providers

International regulators at BIS want to make cross-border payments cheaper. (Yuichiro Chino/Getty Images)
Regulate Ledgers and Not Individual Crypto Providers, BIS Study Says
To make cross-border payments easier, you need to change your whole way of thinking, the authors of the BIS study found.
International regulators at BIS want to make cross-border payments cheaper. (Yuichiro Chino/Getty Images)