{
  "id": 3386412,
  "title": "Banks and FinTechs Are Unbundling the Cross-Border Stack to Win Over CFOs",
  "url": "https://urgent.news/2026/08/26/banks-and-fintechs-are-unbundling-the-cross-border-stack-to-win-over",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T00:27:59.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/news/cross-border-payments/2026/banks-and-fintechs-are-unbundling-the-cross-border-stack-to-win-over-cfos/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Corporate treasurers are witnessing the emergence of a new cross-border financial stack, as major players such as Visa and OpenPayd join initiatives aimed at connecting traditional payment systems with stablecoin-based settlement rails. Visa's participation in the Monetary Authority of Singapore's BLOOM initiative, along with OpenPayd's integration with Circle Payments Network, highlights the growing interest in enabling near-instant cross-border fiat payments. Additionally, projects like Project Agorá, Project Pangea, and Qivalis are exploring tokenized commercial bank deposits, real-time stablecoin-based FX settlement, and the creation of a euro stablecoin, respectively. These developments aim to address the interoperability challenges faced by multinational treasurers, who ultimately prioritize seamless value transfer across borders with final settlement, regulatory certainty, liquidity, and usable transaction information.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}