The global cross-border payments landscape, long characterized by its sluggishness and capital inefficiency, is on the cusp of a significant transformation. Visa, a titan in payment technology, has unveiled a strategic pilot program integrating stablecoins into its Visa Direct platform, signaling a proactive pivot towards digital assets as a core component of future global money…
Cross-border payments have long been a notorious bottleneck in global finance, plagued by glacial speeds and opaque costs. Visa, a titan in the payments landscape, is now directly addressing this inefficiency with a significant prefunding pilot utilizing stablecoins, signaling a profound strategic pivot. This initiative, unveiled at SIBOS 2025, allows selected partners to pre-fund their…
Have you ever tried to send money internationally, only to be frustrated by slow transfers, hidden fees, and confusing processes? You’re not alone. Traditional cross-border payments have long been a headache for individuals and small businesses alike, often taking days and racking up significant costs. Now, a major shift is underway that could change all…
Citi’s recent announcement on September 29, 2025, touting an “industry-first” integration of its blockchain-based Citi® Token Services with 24/7 USD Clearing, presents a vision of perpetual liquidity for institutional clients. While the promise of round-the-clock cross-border payments, even on weekends and holidays, is certainly alluring, a closer inspection reveals layers of complexity and potential risks…
Have you ever tried to send money internationally, only to be met with days of waiting and a slew of unexpected fees? You’re not alone. For too long, traditional cross-border payments have been a headache, bogged down by slow processes, high costs, and a maze of intermediaries. But a major shift is underway, one that…
Imagine if your nation’s domestic financial system was a marvel of instant, seamless transactions, yet your businesses still struggled with sluggish, costly international payments. This stark reality has long faced Brazilian enterprises, despite the country boasting one of the world’s most advanced real-time payment networks. Now, OpenFX, an FX infrastructure company intent on modernizing global…
