Cross-Border Payments

RBI Suggests Connecting BRICS CBDCs to Ease Trade, Cut Dollar Dependence

India’s central bank has proposed linking BRICS digital currencies to simplify cross-border trade and tourism payments and reduce reliance on the U.S. dollar, according to two sources. The move aims to streamline settlements among member countries amid growing geopolitical tensions.

IMF Spotlights XRP in 2023 Report as Cross‑Border Payments Solution

The IMF's 2023 report identifies XRP as a viable technology for improving cross‑border payments and modernizing settlement systems. The recognition could boost institutional interest and shape policy debates on crypto infrastructure.

Ripple Acquires GTreasury for $1 Billion to Revolutionize Corporate Treasury Management – cover image
Ripple Acquires GTreasury for $1 Billion to Revolutionize Corporate Treasury Management

On October 16, 2025, Ripple announced its $1 billion acquisition of GTreasury, aiming to enhance real-time cross-border payments and optimize liquidity management in the corporate treasury sector. This move strengthens Ripple's foothold in the multi-trillion dollar treasury market, promising innovative blockchain solutions for faster payments and capital efficiency.

Fasset Receives Provisional Banking License in Malaysia, Pioneering Stablecoin-Powered Islamic Digital Banking – cover image
Fasset Receives Provisional Banking License in Malaysia, Pioneering Stablecoin-Powered Islamic Digital Banking

Fasset has been granted a provisional banking license in Malaysia, marking the launch of the first stablecoin-powered Islamic digital bank targeting Asia and Africa with innovative Shariah-compliant services and cryptocurrency integrations.