Fintech start-ups are transforming the trillion-dollar cross-border payments market, by reducing the cost and complexity of global commerce. Perhaps in the not-too-distant future, cryptocurrencies could become catalysts for further growth.
FX without the fees remains something of a Valhalla for most corporate treasurers, but doing it safely is the key. Will stablecoin be the vehicle that finally arrives in the promised land?
Considering whether to go down the cryptocurrency path poses key questions and potential issues for corporates that treasury teams are grappling with as sentiment starts to shift.
Ripple announces a collaboration with money transfer service MoneyGram this week as Facebook is about to disclose its hotly anticipated cryptocurrency project. What does this mean for treasurers? A new mode of exchange.
Tether, the most popular stablecoin, is under investigation for fraud by the New York attorney general. Meanwhile, Facebook is moving ahead on plans for a new global digital currency
Over 50 cryptocurrencies pegged to stable assets will soon be in play in the crypto world. It may be early yet but their rise in popularity is a development worth paying attention to.
For corporate treasurers already mired in the costly, slow and opaque world of cross-border payments, ether could offer a real solution: real-time, cost-free, “crypto-payments” with the need to buy cryptocurrency.