Bybit has selected OpenPayd to support its global fiat operations, settlement flows and on/off-ramping via a single API integration.

PaidBy® | Mastercard, launched in June 2026, is a cross-border, cross-currency Open Banking A2A service. Consumers pay in their own currency, the embedded FX converts, and merchants settle in theirs, with refund, dispute, and status management built in. It offers a direct alternative to remote card acceptance, with settlement certainty on direct rails.

Euroclear and HSBC will launch AutoFX, an automated FX service integrated into cross-border settlement ahead of T+1 in Europe and the UK.

Visa and Airwallex have announced a collaboration to develop Embedded Finance solutions for freight and shipping platforms.

J.P. Morgan Payments and NPCI have agreed to enable real-time foreign exchange conversion for cross-border transactions made through India's Unified Payments Interface (UPI).

Chainlink and banking consortia from Europe and South Korea have launched Project Pangea to develop real-time stablecoin-based settlement for global FX markets.

As correspondent banking declines and high remittance costs persist, Lux Thiagarajah from OpenPayd, reveals how cross-chain stablecoin settlement is disrupting the FX market by solving unpredictable settlement times and offshore dollar access.

OpenFX has raised USD 94 million in a Series A round from Accel, Atomico, Lightspeed Faction, M13, Northzone, and Pantera to expand its cross-border FX settlement platform.

8B is a Singapore-headquartered payment infrastructure company connecting national QR and local payment schemes through a single API for global businesses. Its Scan to Pay product lets crypto wallets and banks accept national QR payments worldwide. The company's home market is Central Asia, and it has a strong presence in Southeast Asia, India, China, and Latin America.