Sentences with phrase «cross-border fiat transaction»

Ripple's xRapid liquidity solution hinges on XRP's ability to provide instant cross-border fiat transaction settlement.

Not exact matches

In cross-border transactions involving multiple currencies, the exchange of fiat currency to Lumen and vice-versa allows consumers and businesses to send and receive money across borders, faster and cheaper than traditional payment services.

Backed by advisors such as Lon Wong, president of the NEM.io foundation, and Antanas Guoga, member of the European Parliament, Bankera will seek banking licenses in key jurisdictions to be able to operate in a spectrum of different fiat currencies and facilitate cross-border transactions.