Core Insights - dLocal has integrated with Circle Payments Network to facilitate seamless payouts in emerging markets, leveraging Circle's stablecoins for real-time cross-border payment settlements [1][2] - The integration aims to reduce the high costs and slow processing times associated with cross-border payments, which currently average 6.4% for sending $200, exceeding the UN's target of 3% [2] - The partnership enhances fund flows and enables efficient remittances and disbursements, improving the user experience for recipients in emerging markets [2][3] Group 1 - dLocal's infrastructure allows CPN participants to disburse funds in various local currencies across emerging markets, addressing the challenges of costly and slow cross-border payments [2] - Circle's Chief Business Officer emphasized the importance of creating a new payment layer to reach emerging markets quickly and cost-effectively, with dLocal's offerings being crucial to this goal [2] - The alliance is seen as a milestone in connecting global stablecoin liquidity with local payment ecosystems, enabling financial institutions and fintechs to operate more efficiently [2][3] Group 2 - The "One dLocal" concept allows global companies to manage payments, payouts, and settlements through a single API and platform, simplifying operations without the need for multiple processors [3] - Circle Technology Services operates the CPN, providing products and services to financial institutions for easier access and integration into the network [3] - CPN facilitates secure communication and direct settlement between participating financial institutions, although it does not manage customer accounts or hold funds [3]

The European Central Bank (ECB) Governing Council has agreed to move forward with efforts to connect the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system to other real-time payment networks worldwide, including India’s Unified Payments Infrastructure (UPI). This decision supports the aim of improving cross-border payment processes for European businesses and individuals, particularly in the context of remittances. Following exploratory work launched in October 2024, which studied the potentia ...

Key Points XRP has a real-world use case in cross-border payments. As a meme coin, Dogecoin was intended for amusement and not as an investment. However, Dogecoin has the edge over XRP for a few reasons. 10 stocks we like better than XRP › XRP (CRYPTO: XRP) and Dogecoin (CRYPTO: DOGE) are both top 10 cryptocurrencies -- and that's where their similarities end. XRP is all business, with payments company Ripple developing it to make international money transfers faster and more affordable. Dogecoin ...

Core Insights - DBS Group, Singapore's largest bank, has signed a memorandum of understanding with Ant International to enhance their partnership in cross-border payments and fintech services [1] Company Developments - The partnership aims to scale up cross-border payment solutions, indicating a strategic move to leverage fintech innovations [1] Industry Implications - This collaboration reflects a growing trend in the financial services industry towards integrating fintech solutions to improve payment efficiency and expand service offerings [1]

The Philippines' finance app GCash has rolled out the Virtual US Account, a service enabling Filipinos to accept US dollar payments and remittances directly into their GCash digital wallet account. The new service removes the requirement for users to have an American bank account. Meridian Payments US issues and maintains GCash Virtual US Accounts under a "for benefit of" arrangement. GCash noted these accounts do not function as traditional bank accounts and are not considered deposits, meaning they ar ...

Ripple, the company that leverages the XRP cryptocurrency, is raising capital for the first time in six years. On Wednesday, the firm announced a $500 million strategic investment from affiliates of Fortress Investment Group, affiliates of Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace. The decision to sell another $500 million in new common equity “reflects the strategic value of deepening relationships with financial partners,” Ripple said in a post announcing the ...

Core Insights - Afriex has partnered with Visa to enable real-time cross-border payments to over 160 markets, enhancing the speed and accessibility of international transactions [1][4]. - The integration of Visa Direct through Afriex's platform allows for seamless fund delivery to eligible Visa endpoints, connecting to billions of accounts globally [1][2]. - The collaboration aims to address the increasing demand for faster payment solutions, particularly for remittances, which reached $669 billion in 2023 according to the World Bank [3][4]. Company Overview - Afriex's platform now provides immediate access to international payment capabilities via its mobile app, allowing users to send, receive, and store money in multiple currencies with near-zero fees and instant transfers [2][4]. - The partnership with Visa is expected to enhance the reliability and reach of Afriex's services, making it easier for individuals and businesses to manage cross-border transactions [2][3]. Market Expansion - Afriex has expanded its network to include countries in Europe, allowing users to send funds to more than eight African countries, with the new additions being the Netherlands, Romania, Germany, Ireland, Italy, France, Belgium, and Spain [4][5]. - The collaboration with Visa Direct is part of Afriex's strategy to meet the growing demand for efficient cross-border payment solutions, ensuring that vital funds reach their destinations quickly [4].

Group 1 - XRP and Ethereum have shown similar returns over the last five years, with XRP up 845% and Ethereum up 849% as of October 24 [1] - XRP's market cap is less than a third of Ethereum's, making it appear as a more attractive investment option at first glance [2] - Ripple launched XRP in 2012 to facilitate fast and affordable international money transfers, with over 300 banking partners utilizing its payments network [4] Group 2 - Ripple aims to position XRP as a credible alternative to SWIFT, which handles approximately $150 trillion in annual payments, with predictions that XRP could capture 14% to 20% of that volume [5][6] - If XRP captures 14% to 20% of SWIFT's volume, Ripple could process between $21 trillion to $30 trillion in payments annually, potentially driving XRP's value significantly [6] - Despite the optimistic forecasts, Ripple's actual payments volume was only $70 billion as of January 2025, indicating a gap between projections and reality [6] Group 3 - Adoption of XRP is not guaranteed even if Ripple's payment services grow, as many banks partnering with Ripple do not utilize XRP due to a lack of need for on-demand liquidity [7] - XRP's potential to revolutionize cross-border payments is contingent on broader adoption by financial institutions [7][8] - Ethereum remains the most widely used blockchain for DeFi services and stablecoins, highlighting a different growth trajectory compared to XRP [8]

Group 1 - The core point of the article is that Western Union has officially announced the launch of a US dollar-backed stablecoin for cross-border payments, following weeks of speculation about this initiative [1] Group 2 - The stablecoin will facilitate faster and more efficient money transfers, enhancing Western Union's service offerings in the digital payment space [1] - This move aligns with the growing trend of traditional financial institutions exploring blockchain technology and digital currencies to improve their operations [1]

Core Viewpoint - Remitly Global, Inc. will report its third quarter financial results on November 5, 2025, and will host a conference call to discuss these results with financial analysts [1][2]. Group 1: Financial Results Announcement - The third quarter financial results will be reported after market close on November 5, 2025 [1]. - A conference call and live webcast will take place at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day [1][2]. - Registration is required to access the conference call, and participants are advised to register at least 10 minutes before the call starts [2]. Group 2: Webcast and Replay Information - A live webcast and replay of the conference call will be available on the Investor Relations section of Remitly's website [3]. - The company recommends listening via the webcast for those not planning to ask questions [3]. Group 3: Company Overview - Remitly is a provider of digital financial services operating in over 170 countries [4]. - The company focuses on cross-border payments, offering a fast, reliable, and transparent money movement experience [4]. - Remitly is expanding its product suite to enhance its vision and impact lives globally [4].