Zelle fires up stablecoins to fuel faster cross-border payments

Early Warning Services, the parent company of the Zelle payments platform, announced the integration of stablecoins to facilitate faster cross-border transactions for money flowing to and from the United States. Zelle, which already offers near-instant domestic payments, is leveraging this technology amid broader institutional adoption of stablecoins and blockchain for real-time settlement. The stablecoin market has grown significantly, recently crossing a $308 billion market capitalization, and is increasingly used for cross-border commerce and savings, particularly in regions like Latin America where traditional banking infrastructure is often poor. This move positions Zelle to capitalize on the growing utility of stablecoins beyond traditional crypto markets.

(Source：Cointelegraph)