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Cross-Border Payments

PayPal PYUSD Intercompany Settlement: $1B in Hours

PayPal PYUSD Intercompany Settlement: $1B in Hours

PayPal's treasury team moved more than $1 billion between its own subsidiaries in PYUSD, and a Singapore-to-US dividend cleared in hours instead of days. Stablecoin Insider breaks down the four building blocks, the float math and what other treasurers need first.

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Western Union Receiver Redirect: Noah Delivers USDPT Payouts

Western Union Receiver Redirect: Noah Delivers USDPT Payouts

Western Union picked Noah to run Receiver Redirect, which delivers money transfers as USDPT stablecoin into a Western Union wallet. Here's how the flow works, who does what, what it would need to cost to beat World Bank benchmarks, and what the announcement leaves out.

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Lead Bank Stablecoin Payouts: USDC Ramps and 44-Country FX

Lead Bank Stablecoin Payouts: USDC Ramps and 44-Country FX

Lead Bank now converts dollars to USDC, USDC to dollars, and dollars to local currency in 44 countries over stablecoin rails. Here's how each flow works from Lead's own API docs, what the post-settlement FX rate means for pricing, how returns and name checks behave, and who should test it first.

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