Through the collaboration, businesses will be able to accept stablecoin payments, and manage global treasury operations more efficiently, the firms says
The new solution introduces a digital collections model that enables businesses to send structured payment requests directly through their enterprise systems
It is a regulated platform designed to manage the complex, multi-party funds flows that sit at the heart of mergers and acquisitions, and other transactions
The collaboration aims to allow fintechs, payment service providers, and financial institutions using the Fireblocks Network to access regulated on/off-ramp and settlement infrastructure across GCC currencies through a single counterparty
The transition modernises Bayer’s global payment infrastructure and enhances secure, standardised financial messaging across its international operations
During the controlled pilot with Canton-enabled digital assets, HSBC simulated the transfer of tokenised deposits and the atomic settlement of tokenised deposits against other digital assets
This fully automated, multi-currency solution, designed to enhance foreign exchange execution efficiency for institutional clients, will be accessible to continental Europe