Thunes Expands Stablecoin Payouts to 11,500 Banks via Swift Integration
Event summary
- Thunes launched Pay-to-Stablecoin-Wallets solution, enabling 11,500 Swift-connected banks to send instant payouts to 500M+ stablecoin wallets.
- Solution supports USDC and USDT, operational in 140+ countries with existing Swift infrastructure.
- Extends Thunes' Direct Global Network capabilities, following Pay-to-Bank and Pay-to-Wallet solutions.
- SmartX Treasury System and Fortress Compliance Platform underpin the stablecoin payout infrastructure.
The big picture
Thunes' integration with Swift's network marks a significant step in bridging traditional banking infrastructure with digital asset ecosystems. This move aligns with the growing demand for faster, more transparent cross-border payment solutions, particularly in regions with volatile local currencies. The ability to process stablecoin payouts through existing Swift connections lowers adoption barriers for financial institutions, potentially accelerating the mainstream use of digital assets in global transactions.
What we're watching
- Adoption Pace
- How quickly banks will integrate and utilize the stablecoin payout capability across their networks.
- Regulatory Scrutiny
- Whether increased stablecoin-bank interoperability will attract regulatory attention or restrictions.
- Market Penetration
- The extent to which this solution accelerates stablecoin adoption among unbanked or underbanked populations.
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