Swift building a blockchain for real-time payments; PayPal bets on EMEA | PaymentsSource
Key insight: Fintechs are paying more attention to cross-border payments.Look forward: PayPal is bullish on payments opportunities in EMEA. What's at...
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Circle partners with fintechs to grow stablecoin market | PaymentsSource
Circle has followed its IPO by partnering with London financial infrastructure developer OpenPayd and Brazilian fintech Matera to support payments infrastructure for stablecoins and traditional currency.The unified Circle/OpenPayd platform is expected to enable OpenPayd's business clients to execute payments using Circle's USDC stablecoin, with conversions between fiat and stablecoins on both ends of the transaction.That conversion is a key element for stablecoin payments, which can act as a bridge between different currencies on both ends of an international transaction. The London-based OpenPayd processes about $160 billion in payments annually.By adding...