Overview:
International remittance operators can send cross border payments on behalf of their customers and have beneficiaries receive funds in local currencies without depending on intermediaries to prefund in each receiving country. Zone enables realtime settlement using a common fiat currency or a native Stablecoin backed by physical assets and fully approved by respective regulators.
Benefits:
- Realtime delivery of value to beneficiaries
- Realtime settlement of beneficiary banks
- Easy and secure integration
- Significant cost savings
- Compliant with local banking regulations and AML rules
- Integrated to the local financial ecosystem
- Rich reporting and analytics
