Thunes has received In-Principle Approval for a variation of its Major Payment Institution licence from the Monetary Authority of Singapore.
Mastercard and Thunes have teamed up to accelerate global money movement for banks, payment service providers and end-users by expanding stablecoin wallet payout capabilities.
Members of Thunes’ proprietary Network can now make direct payments to bank accounts in the Nordic region, at speed, bypassing legacy rails.
Visa is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers.
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