
OSL adds 5 currency payment networks via Banking Circle
- —AUD, GBP, HKD, SGD and USD added to the previously connected euro
- —Settlements run through the BC-Now network with round-the-clock instant transfers
- —Clients will be able to avoid separate agreements with banks in different jurisdictions
- —Launch timing and terms for the currencies were not disclosed
Why it matters: It expands infrastructure for fiat and stablecoin conversion, intensifying competition for institutional payment flows in Asia.
Source: TokenPost
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