Zelle Adopting Stablecoin Rails for Cross-Border Payments to and From US

Early Warning Services, the parent company of payments platform Zelle, said on Friday that stablecoins will be integrated into Zelle to facilitate cross-border transactions for money flowing to and from the United States.

Zelle launched in 2017 and already features near-instant payments between users that are integrated into the online banking services of many US banks. Early Warning Services said in Friday’s announcement:

“We’re investing where consumer need, bank capability and global opportunity…