Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Payments Processor Zelle to Use Stablecoins for International Transactions

Payments Processor Zelle to Use Stablecoins for International Transactions

CryptoNewsNetCryptoNewsNet2025/10/24 18:57
By:decrypt.co

Payments processor Zelle's parent company said Friday that Zelle would start using stablecoins to make international transactions for the firm. 

Early Warning Services, which manages Zelle, said that using stablecoins would "enable Zelle to deliver faster and more reliable cross-border money movement."

"The effort marks an important step in expanding the reach of Zelle globally by leveraging stablecoins," an announcement by Early Warning Services said in an announcement read. 

<span></span>


Early Warning Services CEO Cameron Fowler added: "Zelle transformed how Americans send money at home."

"Now, we're beginning the work to bring that same level of speed and reliability to Zelle consumers sending money to and from the United States, building on what we have learned from the market, our users and our network banks and credit unions."

The announcement underscores stablecoins' growing importance in finance. Earlier this month, U.K. bank Standard Chartered wrote in a note that Stablecoins could siphon $1 trillion in deposits away from banks in emerging markets in the "next three years or so."

In an ongoing Myriad market, 54% of respondents expect stablecoins' market capitalization to surpass $360 billion by the end of next January. Stablecoins' current value sits at $312 billion. (Myriad is a unit of Dastan, the parent company of an editorially independent Decrypt.)

Stablecoins, which are the most-traded digital tokens in the crypto space, are pegged to the value of fiat currencies like the dollar or euro and aim to make transactions faster and more efficient.

The statement did not specify which stablecoins Zelle would use. Early Warning Services is owned by major American banks Bank of America, Capital One, JPMorgan Chase, PNC Bank, Truist, U.S. Bank, and Wells Fargo.

U.S. President Donald Trump in July signed the GENIUS Act into law, establishing a framework for issuing and trading stablecoins. 

Now, major companies like Amazon, Meta, and PayPal, as well as big banks, are interested in issuing their own versions of the tokens. 

USDT, the biggest stablecoin on the market, is issued by El Salvador-based company Tether. It is by far the most-traded cryptocurrency, and with a market capitalization of more than $182 billion, the third largest among digital assets, according to crypto data provider CoinGecko.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

BlockchainFX's Real-Time Trading Activity Surpasses Competing Crypto Platforms Focused on Speculation

- BlockchainFX ($BFX) is a live crypto trading platform with a $0.029 token price, targeting $0.05 at launch via a hybrid DEX model and 70% fee redistribution to holders. - It attracts investors with 10,000+ daily users, $M+ trading volume, and 4–7% daily USDT returns, contrasting speculative rivals like Coldware and Mutuum Finance. - A $50,000 investment could yield $1.72M if $BFX reaches $1, supported by presale bonuses, Visa cards, and a $500K giveaway to incentivize participation. - With $1.3T in Octob

Bitget-RWA2025/10/26 10:56

Ethereum News Today: As ETH Remains Static, MUTM’s DeFi Approach Draws in $17.8M and 17,000 Investors

- Mutuum Finance (MUTM) raised $17.75M in Phase 6 presale at $0.035, attracting 17,370+ holders. - Analysts project $0.21 price target by mid-2026 driven by dual-lending model and Q4 2025 testnet launch. - Project features 24-hour leaderboards, $50K bug bounties, and CertiK audit (90/100) to build trust. - MUTM's structured ROI (420% potential) and utility-driven growth outpace Cardano/ETH's speculative models.

Bitget-RWA2025/10/26 10:40
Ethereum News Today: As ETH Remains Static, MUTM’s DeFi Approach Draws in $17.8M and 17,000 Investors

U.S.-Supported Thailand-Cambodia Accord: A Strategic Geopolitical Maneuver for Stability in Southeast Asia

- Thailand and Cambodia near historic peace deal, backed by U.S., to end border clashes with weapon withdrawals and joint de-mining. - U.S. involvement highlights regional influence amid China’s growing presence, with Trump set to witness the October 25 signing. - Thailand unveils $150M tourism stimulus to boost domestic travel, balancing fiscal prudence with growth targets. - China-U.S. trade talks in Malaysia aim to ease tensions over tariffs, with both sides addressing trade barriers and rare-earth expo

Bitget-RWA2025/10/26 10:40
U.S.-Supported Thailand-Cambodia Accord: A Strategic Geopolitical Maneuver for Stability in Southeast Asia

BAT rises 1.26% as short-term profits counteract overall declines

- BAT surged 1.26% in 24 hours to $0.1683, contrasting a 27.66% annual decline despite 20.54% monthly gains. - Short-term momentum reflects improved risk appetite and easing crypto bearishness, though long-term fundamentals remain weak. - A proposed EMA crossover strategy aims to validate trends using 50/200-day indicators amid volatile price action. - Backtesting over 12 months with $10k investment seeks to manage risk through -10% stop-loss and +20% take-profit thresholds.

Bitget-RWA2025/10/26 10:34