16 stories about Cross Border from across the crypto press, curated and summarized daily. Most recent: Oct 17, 2026.
Borderless.xyz data indicates that stablecoin transfers for cross-border business payments cost 84% less than traditional transfers and settle faster than international bank wires. The figures point to a potential cost advantage for companies moving money across borders, though the provided report summary gives no methodology or exact settlement times.
The Financial Stability Board is urging countries to share information and prepare joint responses to stablecoin crises. A key concern is that a coin issued by companies in several countries could hold reserves in one jurisdiction while customers elsewhere seek redemption.
Tron has become the primary settlement layer for a significant portion of global USDT transfers, processing $150 billion to $190 billion weekly. Stablecoin cross-border flows surged 78% despite a 37% crypto market decline, highlighting their growing use in trade and remittances.
Reap, a fintech company supported by Payward, is expanding its stablecoin offerings to include Mexican pesos and potentially other currencies. This move aims to enable 24/7 cross-border foreign exchange settlements outside traditional banking hours.
Circle has agreed to acquire Tazapay, a cross-border payments firm, for $400 million. This deal aims to bridge stablecoins like USDC with traditional banking systems, potentially improving last-mile infrastructure. The acquisition is expected to enhance Circle's ability to facilitate seamless cross-border transactions using stablecoins.
HSBC and Standard Chartered have executed the first live cross-border transaction on SWIFT’s new 24/7 ledger, marking a significant step in the financial network’s push to stay competitive with stablecoins and tokenized assets. This pilot project aims to modernize traditional banking infrastructure.
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries.
Augustus, a fintech startup, has raised $180 million to integrate stablecoins into a federally chartered bank, aiming to modernize cross-border payments. The Tiger Global-led round values the company at $1 billion.
Hyundai successfully used Tether's USDT stablecoin to settle a treasury transfer between its US and Mexican subsidiaries. This pilot highlights how major companies are exploring stablecoins for faster, cheaper international payments.
J.P. Morgan has added five Asia-Pacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and foreign exchange transactions 24/7. This move highlights the growing adoption of blockchain technology in modernizing cross-border payments.
Chainlink is working with 47 banks from South Korea and Europe on Project Pangea, an initiative to use stablecoins for near-instant settlement of multimillion-dollar currency trades between the two regions.
A senior official from China's central bank has urged stricter oversight and international cooperation as stablecoins become more important in cross-border transactions. This comes as stablecoins gain traction in global payments, requiring closer monitoring.
MoneyGram has introduced MGUSD, a stablecoin on the Stellar network issued by Stripe's Bridge, to facilitate cross-border payments. This move reflects the growing trend of using stablecoins for faster, cheaper international transactions.
A major central bank project found that tokenizing assets could make international payments faster and more secure. The project will now test real-value transactions using tokenized central bank money and bank deposits on blockchain networks.
Tether is introducing a new stablecoin called GELT, pegged to the Georgian lari, with support from the Georgian government. This move aims to facilitate cross-border commerce and align with emerging U.S. stablecoin regulations.
Brazil's central bank has prohibited the use of cryptocurrencies and stablecoins for settling cross-border payments. This move aims to strengthen the Brazilian real and prevent financial instability.