Stablecoin News: Conduit, Braza Group Debut Stablecoin FX for Payments in Brazil

Stablecoin News: Conduit, Braza Group Debut Stablecoin FX for Payments in Brazil

Stablecoin rails cut payment processing time to minutes from a few days on traditional SWIFT rails, the companies said.

Conduit and Braza Launch Fast Stablecoin FX Swaps in Brazil

Brazil now supports fast global payments through stablecoin swaps from BRL to USD or EUR. Conduit and Braza cut payment delays by replacing slow wires with real-time digital transfers. Conduit enables 2-minute cross-border payments with AML compliance and programmable finance. Conduit has partnered with Braza Group to introduce stablecoin-based foreign exchange swaps between Brazil and international markets. This service enables real-time settle…