Cross River Launches Compliant Stablecoin Payments for Onchain Finance
Cross River Bank has unveiled a stablecoin payment solution integrated with its proprietary Core banking system, COS. The offering aims to bridge traditional finance and blockchain networks, providing a unified platform for fiat and stablecoin transactions.
The bank-grade infrastructure eliminates operational complexities like pre-funding requirements, targeting use cases such as network settlement and treasury management. This MOVE signals growing institutional adoption of on-chain finance.
"We're setting a new standard for money movement in the digital age," the bank stated in a social media announcement. The solution supports multiple blockchain networks while maintaining compliance with traditional banking regulations.