Payments

Circle, the firm behind the $60 billion USDC stablecoin, is launching a new payments and cross border remittance network on Tuesday — the company’s “next product move” — from its plush New York City headquarters, high on the 87th Floor of One World …

Ripple today said it was partnering with Chipper Cash, a payments provider serving across Africa, to support cross-border payments into the continent using Ripple Payments. Ripple Payments uses XRP, to enable quicker, cheaper, and more efficient …

Ripple payments use the XRP Ledger, where users can send and receive different currencies, including fiat money and crypto assets, through a network of financial institutions using the XRP token.

Founder Tyler Spalding sees the Ethereum-based smart contract project as a step towards creating a new form of money for payments, loans and counterparty credit in DeFi.