Cross-border payments company Thunes integrates with Swift network, stablecoin settlement capabilities reach 11,500 banks globally
Gate News reported that on March 17, cross-border payment infrastructure company Thunes announced its integration with the Swift network, extending stablecoin settlement capabilities to 11,500 banks globally and achieving interoperability between traditional financial systems and digital assets. Enterprises and financial institutions can directly settle stablecoin payments through Thunes' network to bank accounts connected to Swift without requiring additional off-chain conversion processes. This solution aims to reduce friction costs in cross-border payments and improve settlement efficiency.