# Сопутствующие статьи по теме Cross-Border

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Cross-Border", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Why Ripple’s XRP Is A Better Transaction Choice Compared To SWIFT

Crypto expert CharuSan argues that Ripple's XRP is superior to SWIFT for cross-border transactions, predicting SWIFT may need to integrate XRP to survive. He highlights XRP's On-Demand Liquidity (ODL) technology as faster and cheaper, freeing up trillions for banks instantly, while SWIFT is described as cumbersome and slow. CharuSan states that banks' main software is already integrated with Ripple, enabling rapid, widespread adoption. He believes SWIFT must adopt XRP as a liquidity layer to remain relevant, rather than staying a simple messaging service. While SWIFT is developing a distributed ledger on Ethereum's Linea with partners, CharuSan dismisses this move, noting Linea handles messaging trials but isn't a liquidity solution and incurs verification costs on Ethereum, making it non-viable for payments. In conclusion, CharuSan asserts that without integrating XRP, SWIFT is "doomed" to fade away. At the time of writing, XRP price was around $1.41.

bitcoinist21 ч. назад

Why Ripple’s XRP Is A Better Transaction Choice Compared To SWIFT

bitcoinist21 ч. назад

Cross-Border Payment Giant Wise Lands on NASDAQ

Fintech company Wise has successfully listed its A-class shares on the Nasdaq stock exchange under the ticker "WSE," while maintaining its secondary listing on the London Stock Exchange. This move, more of a primary listing transfer to the US than a traditional IPO, reflects Wise's strategic shift to be closer to a key growth market, attract a broader investor base, and support its business evolution. Founded in London by two Estonians to solve personal pain points with costly and opaque international bank transfers, Wise initially grew as TransferWise by offering faster, cheaper, and more transparent currency exchange and cross-border payments. It has since expanded beyond a simple transfer tool into a comprehensive global financial services platform, offering multi-currency accounts, business services, debit cards, and the Wise Platform, which provides its infrastructure to banks and other institutions. Wise's latest fiscal year data highlights its scale: $243 billion in cross-border transaction volume, $39 billion in customer balances, and nearly 19 million customers. The company continues to emphasize its low average fee of 0.52% and fast transaction speeds, with 75% of payments arriving within 20 seconds. The Nasdaq listing aligns with Wise's ambitions in the US market, where it aims to grow its consumer and business user base and, critically, deepen partnerships with American banks through Wise Platform. To further strengthen its US operations, Wise is reportedly seeking a national trust bank charter and a Federal Reserve master account to gain more direct control over USD payment flows. The transition also involved corporate governance discussions, as the move was approved alongside an extension of its dual-class share structure, which grants founders enhanced voting rights. In summary, Wise's Nasdaq debut marks its transition from a disruptive money transfer startup into a major global payments network player. Its future growth will be tested on its ability to scale its platform business, execute its US strategy, and maintain profitability and governance standards under the scrutiny of public markets.

marsbitВчера 01:18

Cross-Border Payment Giant Wise Lands on NASDAQ

marsbitВчера 01:18

A Century Before Swift and Blockchain, China Built Its Own Cross-Border Financial Network

A century before Swift and blockchain, China's cross-border financial miracle: The Qiaopi Network. Driven by the phrase "a promise is greater than life," the Qiaopi (overseas Chinese remittance letter) system was a remarkable, entirely private financial network. Operating for over a hundred years until 1979, it facilitated billions in remittances, at one point constituting over 50% of China's foreign exchange during WWII—all without central banks, official clearing, or government backing. It began with "Shuike" (water guests), couriers who carried cash and letters personally between Southeast Asia and Chinese villages like Chaozhou. Their operation was peer-to-peer, identity-verified through kinship, and had a near-zero default rate, as trust was their sole collateral. This evolved into "Piju" (remittance houses), creating an institutional network. They ingeniously used currencies like the Hong Kong Dollar for settlement and practiced netting clearance, offsetting remittance flows against trade payments to minimize physical cash movement. Its resilience shone in wartime. When Japanese forces cut off main routes, the network forged an underground "Dongxing Remittance Path" through Vietnam. It used coded messages ("a bag of rice" for a sum of silver) to evade interception, reliably delivering funds critical for survival and even clandestine support for the war effort. Unlike Swift (built on state cooperation) or blockchain (relying on cryptography), Qiaopi was founded on clan,乡土 (native place), and human trust—a cultural consensus where违约 meant social death. Modern finance compensates for this lost trust with complex collateral and regulation. The Qiaopi network, powered only by sailing ships, familiar accents, and profound integrity, achieved a feat of decentralized, cross-border finance that remains unparalleled—a poignant story of信用 (trust/credit) in its purest form.

marsbit2 дня назад 04:04

A Century Before Swift and Blockchain, China Built Its Own Cross-Border Financial Network

marsbit2 дня назад 04:04

Exporting to Domestic Sales: The Chinese-style Outbound Journey of an AI Short Film

From Export to Domestic Boom: The Chinese-Style Overseas Journey of an AI Short Film The story begins with PJ Ace, a prominent Hollywood AI filmmaker, launching a public search on X for the creator of a stunning AI-generated short film titled "Zombie Scavenger." The film, featuring a robot cowboy in a post-apocalyptic wasteland, impressed Ace with its quality, which he estimated would have cost $500,000 and six months pre-AI. The trail led back to China. The creator, Mx-Shell, is a self-described amateur from China with a photography and music background. Using ByteDance's AI video tool, Seedance 2.0, he independently produced the short in about ten days for a minimal cost. Ironically, while the film went viral overseas after Ace's endorsement, it initially gained little traction on Chinese platforms like Bilibili. This sparked a "cross-server" search. Ace posted in English on X, while Mx-Shell, who doesn't speak English, posted his QQ email in Chinese comment sections. With netizens' help, they connected. Ace extended an invitation, asking if Mx-Shell was interested in becoming a Hollywood director. The article highlights this as a case of "talent export" or "brilliance going overseas." A creator in China, using domestic AI tools and computing power, captured global attention first. This "export-to-domestic-sales" path succeeded due to China's competitive, low-cost AI video tool market and its vast pool of untapped creative talent. Mx-Shell's success underscores that AI lowers production barriers, but core creativity, aesthetic judgment, and storytelling sense remain uniquely human. His path—individual, low-budget, and quality-driven—contrasts with the industrialized, capital-intensive route of bulk-producing AI short dramas for overseas markets. His story, spontaneous and beyond any corporate marketing plan, serves as powerful validation for tools like Seedance 2.0. The piece concludes that while China has many creators whose traditional barriers (equipment, funds, teams) are being dismantled by AI, the challenge of visibility remains. Until a robust domestic AI creative ecosystem develops, this indirect route of gaining overseas recognition first may continue to be a viable path for Chinese talent.

marsbit05/14 04:24

Exporting to Domestic Sales: The Chinese-style Outbound Journey of an AI Short Film

marsbit05/14 04:24

Mastercard and Ripple Complete Historic Transaction, New Use Case for XRP?

Mastercard, Ripple, Ondo Finance, and J.P. Morgan's Kinexys have successfully completed the first near real-time, cross-border, cross-bank redemption of tokenized US Treasuries. The pilot transaction, executed in under five seconds, used the XRP Ledger as the settlement blockchain to connect public blockchain infrastructure directly to traditional global banking rails for the first time. Ripple redeemed a tokenized treasury fund (OUSG) on the XRPL, triggering a fiat payout via Mastercard's Multi-Token Network. J.P. Morgan's Kinexys then processed the payment to Ripple's bank account in Singapore. This integration demonstrates a single, uninterrupted flow between on-chain and off-chain systems, addressing a key gap in the rapidly growing tokenized real-world assets (RWA) market. The development highlights a significant step towards a 24/7 financial system and positions the XRP Ledger as a potential settlement infrastructure for institutional cross-border transactions.

bitcoinist05/08 16:51

Mastercard and Ripple Complete Historic Transaction, New Use Case for XRP?

bitcoinist05/08 16:51

Russia Advances Bill To Regulate Crypto Market, Eyes July 1st Implementation

Russia has advanced a key crypto bill, "On Digital Currency and Digital Rights," through its first parliamentary reading, aiming to establish a regulatory framework by July 1, 2026. The legislation recognizes digital assets as property and grants the Central Bank of Russia authority to license and oversee the market, permitting only licensed entities like exchanges and brokers to operate. It prohibits using crypto for domestic payments but allows it for cross-border settlements to bypass sanctions. The bill also introduces investor protection measures, including annual purchase limits for non-qualified investors and stricter oversight of mining activities.

bitcoinist04/23 13:02

Russia Advances Bill To Regulate Crypto Market, Eyes July 1st Implementation

bitcoinist04/23 13:02

Stablecoins Don’t Meet Core Requirements Of Money, BIS Says

The Bank for International Settlements (BIS) General Manager, Pablo Hernández de Cos, stated that existing stablecoins fail to meet the core requirements of money, specifically "singleness" and "interoperability." Singleness refers to the need for different forms of money to be interchangeable at par value, which is ensured by central banks in traditional finance but not in decentralized stablecoins. Interoperability means seamless cross-platform transactions, which stablecoins currently lack due to fragmentation across multiple blockchains. These shortcomings limit stablecoins' network effects and widespread acceptance, keeping them a "niche" payment instrument. However, de Cos acknowledged their potential to improve cross-border payments, though he also warned of risks to financial stability and monetary policy. Despite a bearish crypto market, the stablecoin market cap has reached a new all-time high of over $320 billion.

bitcoinist04/21 01:31

Stablecoins Don’t Meet Core Requirements Of Money, BIS Says

bitcoinist04/21 01:31

Not Just USDT: Tether Wallet Is Attempting to Take Over the Payment System for Ordinary People

Tether, the issuer of the world's largest stablecoin USDT, has launched Tether Wallet, branded as "The People's Wallet," marking a strategic shift from being primarily an asset issuer to directly engaging with end-users. This move aims to capture retail traffic and create a closed-loop ecosystem by offering a simplified payment interface. The wallet eliminates key barriers to crypto adoption: complex hexadecimal addresses are replaced with human-readable usernames (e.g., username@tether), transaction fees (gas) are abstracted and paid directly in the transferred asset, and self-custody is combined with an encrypted cloud backup system for easier recovery. Supported assets include USDT on Ethereum, Polygon, and other networks, as well as Bitcoin and Tether’s gold-backed XAUT. Notably, it does not yet support Tron, where nearly half of all USDT is issued. By drastically reducing friction in cross-border payments—enabling instant, low-cost transfers via email-like addresses—Tether is positioning USDT to dominate small-value international settlements, particularly in emerging markets. This challenges traditional remittance services and competing stablecoins like USDC by leveraging its first-mover advantage and network effects. The piece also highlights underlying tensions: while promoting financial inclusion for the unbanked, Tether’s centralized infrastructure creates potential regulatory vulnerabilities. The wallet’s design also anticipates future use by AI agents for machine-to-machine payments. Ultimately, Tether Wallet represents both an expansion of Tether’s influence and a critical test of balancing efficiency, decentralization, and regulatory compliance in the evolving digital financial landscape.

marsbit04/15 09:31

Not Just USDT: Tether Wallet Is Attempting to Take Over the Payment System for Ordinary People

marsbit04/15 09:31

Hong Kong Issues Licenses, Stablecoin Landscape Shifts: Who is Reshaping the Next Generation Financial Map?

Hong Kong's financial landscape has entered a new phase with the issuance of the first stablecoin licenses by the Hong Kong Monetary Authority (HKMA) on April 10, 2026. Anchor Fintech and HSBC were granted the initial approvals, marking the completion of a regulatory framework that spans legislation, review, and licensing. This move signals a strategic shift in the role of stablecoins—from being auxiliary tools in crypto trading to integral components in cross-border payments, tokenized asset transactions, and programmable finance. With only 2 licenses issued from 36 applications, HKMA has adopted a highly selective, quality-over-quantity approach. The licensing process underscores Hong Kong’s ambition to position itself as a leader in digital finance infrastructure, combining banking credibility, payment networks, and blockchain capabilities. Compared to the EU’s MiCA framework and the UK’s upcoming crypto regulations, Hong Kong has gained a first-mover advantage in institutionalizing stablecoins. The city has already laid the foundation with initiatives like tokenized green bonds, e-HKD trials, and the Project Ensemble Sandbox. Globally, dollar-backed stablecoins still dominate over 90% of the market. Hong Kong’s strategy is not to directly challenge the dollar’s dominance but to create a regulated, scalable path for non-dollar stablecoins. It also complements mainland China’s digital yuan system, forming a two-tiered structure: onshore digital RMB for domestic use, and Hong Kong’s licensed stablecoins for offshore and international applications. While this is a significant step, success will depend on whether Hong Kong can build sufficient network effects and real-world adoption to compete with established dollar stablecoins. The focus remains on turning a high-standard regulatory model into a system with tangible scale and influence.

marsbit04/14 15:53

Hong Kong Issues Licenses, Stablecoin Landscape Shifts: Who is Reshaping the Next Generation Financial Map?

marsbit04/14 15:53

175-Year-Old Western Union: Not Just Playing with Stablecoins, but Also Acquired a Digital Wallet

At 175 years old, Western Union, the global money transfer giant, is undergoing a significant digital shift. After a failed 2018 experiment with Ripple's XRP due to high costs, the company is now aggressively embracing blockchain and digital assets. In April 2026, Western Union acquired Singapore-based digital wallet Dash from Singtel, marking its first digital wallet asset in the Asia-Pacific region. Dash, with 1.4 million users, offers a full suite of services including payments, remittances, savings, insurance, and investments, deeply integrated into Singapore's local life. This move is part of a broader strategy to modernize its legacy business. While Western Union's vast network of over 500,000 physical agent locations remains its backbone, it is also its biggest cost burden. The company faces intense competition from digital-native rivals like Wise and Remitly, which offer significantly lower fees. To compete, Western Union is building a "Digital Asset Network." A key component is its own USD-pegged stablecoin, USDPT, issued on the Solana blockchain in partnership with Anchorage Digital. It is also piloting a stablecoin-linked Visa card with Rain for users in high-inflation countries like Argentina, allowing them to spend or cash out dollars at its agent locations. The acquisition of Dash represents a fundamental change: moving from being a transient "pipe" for money transfers to building a destination where users stay. Dash provides a trusted, established platform to test and deploy these new digital products, serving as a launchpad for Western Union's expansion across the Asia-Pacific region.

marsbit04/07 09:46

175-Year-Old Western Union: Not Just Playing with Stablecoins, but Also Acquired a Digital Wallet

marsbit04/07 09:46

活动图片

Популярные категорииright-arrow

Популярные тегиright-arrow

Bitcoin