Foreign exchange (Forex) Stories - Page 8

Global Stories

Foreign exchange (Forex) stories

Ripple acquires GTreasury for USD $1 billion to boost treasury services

Ripple has acquired GTreasury for USD $1 billion, enhancing its corporate treasury services and expanding digital asset use in global payments.

By Melania Watson • 3 min read • Fri, 17th Oct 2025

Data Protection

Global targets for cross-border payment reforms at risk of delay

Global financial authorities are likely to miss their 2027 target to improve cross-border payments, with costs and regulatory hurdles still impeding progress.

By Shannon Williams • 4 min read • Wed, 15th Oct 2025

Wall Street

Report finds claims of US 'de-dollarisation' exaggerated, warns on AUD ties

A report finds claims of rapid US 'de-dollarisation' exaggerated, warning Australia faces risks due to heavy reliance on the US dollar amid biased global media.

By Shannon Williams • 4 min read • Wed, 1st Oct 2025

Fintech

MetaComp completes first cross-border payment using carbon stablecoin

MetaComp has completed the first cross-border payment using its CNT Carbon Stablecoin, enabling same-day EUR to CNH settlement with embedded carbon credits.

By Catherine Knowles • 3 min read • Fri, 15th Aug 2025

Monetary Authority of Singapore

MetaComp launches Ripple RLUSD stablecoin for APAC institutions

MetaComp has launched Ripple's USD stablecoin RLUSD on its StableX platform, offering APAC institutions faster, compliant cross-border payments.

By Kaleah Salmon • 3 min read • Tue, 12th Aug 2025

Digital Transformation

Rising tariffs drive North American firms to boost FX hedging

Rising US tariffs have sparked a surge in FX hedging among 91% of North American firms, despite costs climbing 76%, as businesses fight currency-driven profit hits.

By Catherine Knowles • 4 min read • Fri, 18th Jul 2025

Fintech

Velocity secures USD $10M to build stablecoin platform

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

By Jed Nykolle Harme • 4 min read • Wed, 28th May 2025

EduTech

Tariff turmoil drives UK firms to lengthen FX hedges in 2025

UK firms are extending FX hedge lengths in 2025 amid tariff-driven volatility, benefiting from a weaker US dollar and favourable exchange rates.

By Catherine Knowles • 5 min read • Wed, 28th May 2025

Stories from Other Regions

Foreign exchange (Forex) stories

Crypto

Boku opens Singapore hub to tackle USD $290 trillion payment market

Boku launches a new Innovation Hub in Singapore to develop fintech solutions aimed at simplifying global payments valued at USD $290 trillion by 2030.

By Melvin Hipolito • 3 min read • Mon, 17th Nov 2025

Crypto

Wealthsimple partners with Wise for integrated transfers

The collaboration is set to offer Canadian customers easier international money transfers in over 10 currencies via their existing accounts.

By Jake MacAndrew • 3 min read • Fri, 14th Nov 2025

Data Science

Bloomberg hackathon in Singapore spotlights quant & AI talent

The Bloomberg Code Crunch Hackathon in Singapore showcased top quant and AI talent, with NTU students and financial firms developing innovative investment tools.

By Sean Mitchell • 3 min read • Thu, 13th Nov 2025

Crypto

Loon raises CAD $3M to expand Canadian dollar stablecoin

Loon will develop a Canadian-dollar stablecoin to offer a domestic alternative to US-dollar stablecoins dominating Canada's digital market.

By Jake MacAndrew • 3 min read • Tue, 28th Oct 2025

Fintech

Mark Lane launches FX platform for entrepreneurs in Canada

Mark Lane has launched Canada's first FX platform letting entrepreneurial currency professionals run their own client portfolios with flexible hours and higher commissions.

By Jed Nykolle Harme • 4 min read • Sat, 25th Oct 2025

Fintech

Obita raises $10 million to expand stablecoin payment network

Obita raises $10 million to expand its blockchain-based stablecoin payment network, enhancing low-cost, compliant cross-border settlements globally.

By Catherine Knowles • 4 min read • Fri, 5th Sep 2025

Risk & Compliance

Australian SMEs gain export support amid AUD volatility with new partnership

The Export Council of Australia and WorldFirst partner to help SMEs tackle AUD volatility and ease global trade with better currency management tools.

By Sean Mitchell • 3 min read • Wed, 13th Aug 2025

Crypto

Alpha Ladder patents framework for carbon-backed stablecoins

Singapore's Alpha Ladder Group patents a framework for carbon-backed stablecoins, linking real-world decarbonisation projects to blockchain technology for greener finance.

By Catherine Knowles • 5 min read • Thu, 31st Jul 2025

Payments NZ

Wise urges New Zealand MPs to end NZD $667m FX fee losses

Wise urges New Zealand MPs to end NZD $667m annual losses from hidden foreign exchange fees by enforcing transparency in bank currency conversion costs.

By Jed Nykolle Harme • 4 min read • Tue, 22nd Jul 2025