Early Warning Services, the parent company of payments platform Zelle, said on Friday that stablecoins will be integrated into Zelle to facilitate cross-border transactions for money flowing to and from the United States.
Zelle launched in 2017 and already data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/top-us-banks-that-experiment-with-blockchain-to-release-money-transfer-app-in-2017″>features near-instant payments between users that are integrated into the online banking services of many US banks. Early Warning Services said in Friday’s data-ct-non-breakable=”null” href=”https://www.prnewswire.com/news-releases/zelle-goes-international-early-warning-expands-1t-payments-network-with-stablecoin-initiative-302593440.html” rel=”noopener nofollow” target=”_blank”>announcement:
“We’re investing where consumer need, bank capability and global opportunity…
