Mmastodon BusinessBanking first seen 15 h ago, last 8 h ago, peak #4

Latitude Global pitches stablecoin rails for faster cross-border payments

Original: How # Stablecoins speed int’l # Payments Startup Latitude Global pitches faster, cheaper cross-border payments by sendin

Payments startup Latitude Global says it can make international payments faster and cheaper by settling cross-border transfers on stablecoin rails, with a focus on emerging markets. The pitch highlights growing interest among payments firms in using dollar-pegged tokens to bypass slow correspondent banking chains and cut costs for businesses moving money internationally.

Why now: Stablecoin-based payments are attracting attention as startups challenge traditional correspondent banking for international transfers.

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• How # Stablecoins speed int’l # Payments Startup Latitude Global pitches faster, cheaper cross-border payments by sending them on modern stablecoin rails. https://www. paymentsdive.com/news/how-stab lecoins-speed-intl-payments-crypto-cross-border-emerging-markets/831935/ #… · AlexJimenez@mas.to · 1

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