Blockchain.com, KuCoin expand payment rails across emerging markets
Crypto exchanges Blockchain.com and KuCoin rolled out new payment services on Wednesday that connect digital assets with local financial infrastructure in several emerging markets.
Blockchain.com said it launched a Brazil-focused payments platform for institutional clients that uses USDC (USDC) and USDt (USDT) to support cross-border treasury operations, supplier payments and payroll. The company said the service is designed to give businesses a faster and lower-cost alternative to traditional international wire transfers.
KuCoin, meanwhile, expanded its payment network across Mexico, Bangladesh and Zambia, adding support for Mexico’s SPEI banking system, Bangladesh’s bKash and Nagad mobile payment platforms, and mobile-money networks operated by MTN and Airtel in Zambia.
