Anchorage and Mexican billionaire’s Grupo Salinas ink cross-border payments partnership

Anchorage Digital and Mexican conglomerate Grupo Salinas have formed a partnership to integrate stablecoin infrastructure into Grupo Salinas's cross-border payment flows. This collaboration, facilitated through Coinpro, aims to compress settlement cycles by utilizing blockchain-based rails for dollar movement. The partnership introduces programmable, real-time settlement capabilities while adhering to the governance, security, and regulatory standards required by large financial institutions. Anchorage Digital's "Stablecoin Solutions for Banks" provides banks and financial institutions with access to settling payments in USD-pegged stablecoins. Grupo Salinas executive Carlos Díaz Alonso highlighted that the partnership will involve co-developing more efficient channels that benefit Grupo Elektra's customers and users. This move aligns with Anchorage Digital's strategy to expand its network of stablecoin partners, following Western Union's recent introduction of a U.S. dollar-denominated stablecoin on the Solana blockchain issued by Anchorage Digital.

(Source：The Block)