ShallowTide TechFlow News: On March 17, according to Prnewswire, cross-border payment infrastructure company Thunes announced that by connecting to the Swift network, it has extended stablecoin settlement capabilities to 11,500 banks globally, achieving interoperability between traditional financial systems and digital assets. Enterprises and financial institutions can directly settle stablecoin payments to bank accounts connected to Swift through Thunes' network, without requiring additional off-chain conversion processes. This solution aims to reduce friction costs in cross-border payments and improve settlement efficiency.
ShallowTide TechFlow News: On March 17, according to Prnewswire, cross-border payment infrastructure company Thunes announced that by connecting to the Swift network, it has extended stablecoin settlement capabilities to 11,500 banks globally, achieving interoperability between traditional financial systems and digital assets. Enterprises and financial institutions can directly settle stablecoin payments to bank accounts connected to Swift through Thunes' network, without requiring additional off-chain conversion processes. This solution aims to reduce friction costs in cross-border payments and improve settlement efficiency.