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6 results for “cross-border payments”
Brazil Central Bank Says Global Pix Expansion Is a Governance Test, Not a Tech Hurdle
The Central Bank of Brazil is moving forward with plans for "Pix Internacional," stating that regulatory governance across borders, not technology, is the chief obstacle to the system's global adoption.
Brazil’s Nubank Launches Stablecoin-Powered Global Account and Full U.S. Market Entry
Latin America's largest digital bank, Nubank, announced a dual expansion into the U.S. and a new global account using stablecoins for cross-border payments.
Circle’s $400 Million Tazapay Buy Bolsters USDC Infrastructure Play in Brazil’s Digital Economy
The acquisition of Singapore-based payments firm Tazapay will accelerate Circle's strategy to make USDC the core rail for cross-border commerce, leveraging existing partnerships with Nubank and BTG Pactual in Brazil.
Global Stablecoin Platform Yellow Card Enters Brazil with $40 Million Backing Amid Regulatory Tightening
Stablecoin infrastructure provider Yellow Card is expanding into Brazil, backed by a $40M round, to offer B2B cross-border payments.
Brazil’s Central Bank Bans Stablecoins for Remittances, Forcing Fintechs Back to Traditional Rails
Central Bank Resolution 561 prohibits fintechs from using stablecoins like USDT for cross-border settlement, raising remittance costs for Brazilians.
Central Bank’s 24-Hour Crypto Hold Proposal Draws Sharp Fire From Coinbase-Backed Industry Group
Brazil's Central Bank proposal for a 24-hour hold on stablecoin transfers over $10,000 is facing strong pushback, with critics citing risks to market liquidity and VASP competitiveness.