Stanbic Bank Ghana, RD Technologies Explore Stablecoin Trade Payments
Photo: TokenPost
Stanbic Bank Ghana and RD Technologies are exploring stablecoin-based settlement for payments from Ghanaian businesses to Asian suppliers, testing how digital assets could support trade payments through a bank-led service. The proposed arrangement would focus first on business-to-business transactions. Customers would continue to use Stanbic’s banking services, while stablecoin technology would support the cross-border settlement process behind them. Stanbic would manage customer onboarding and account opening, identity checks, transaction approvals, local-currency settlement and compliance oversight in Ghana. RD Technologies would provide payment technology and digital-asset infrastructure, connect transactions to its Asian settlement network and coordinate settlement overseas.
Source: TokenPost
