According to Foresight News, cryptocurrency custody platform provider Fireblocks has partnered with digital asset exchange Zodia Markets to improve cross-border payments for businesses. This collaboration will enable companies to transfer funds more quickly using stablecoins instead of traditional fiat currency methods, utilizing Zodia's digital assets and traditional foreign exchange execution, with a focus on emerging markets, as well as Fireblocks' peer-to-peer stablecoin trading platform.
Zodia Markets, backed by Standard Chartered Bank's venture capital division, provides digital asset trading for businesses and large institutions.