Stanbic Bank 2026-10-20 02:39:21Stanbic Bank Ghana, RD Technologies explore bank-led stablecoin trade settlement corridorStanbic Bank Ghana and RD Technologies said they are working together to examine a bank-led cross-border trade settlement model supported by stablecoin technology. The initial focus is on business-to-business payments from Ghanaian companies to suppliers in Asia, with the next phase covering regulatory engagement, technical validation, and preparation for a pilot. Under the proposed structure, Stanbic Bank Ghana would remain the customer-facing bank. It would handle onboarding and account opening, KYC reviews, transaction approvals, local-currency settlement, and related local compliance oversight. RD Technologies would provide payment technology, digital asset infrastructure, access to its Asian settlement network, and coordination for offshore settlement. The two sides said they plan to assess how digital asset settlement infrastructure could complement existing banking services and deliver a more efficient and transparent trade payment experience within a regulated banking system. They also plan to form a project team to move forward with technical testing and the design of a controlled pilot.430
Bank of Ghana2026-10-20 02:58:25Bank of Ghana Stanbic and RD Technologies explore stablecoin-based cross-border trade settlementBank of Ghana Stanbic and Hong Kong fintech firm RD Technologies said they are working together to explore a bank-led cross-border trade settlement model supported by stablecoin technology. The initial focus is on business-to-business trade payments from Ghanaian companies to suppliers in Asia. Under the proposed structure, Bank of Ghana Stanbic would remain the customer-facing bank and handle client onboarding, compliance oversight, and local-currency settlement. RD Technologies would provide payment technology, digital asset infrastructure, and access to an Asian settlement network. The two sides said they plan to set up a project team for technical testing and the design of a controlled pilot, subject to obtaining the required regulatory non-objection.420
RD Technologi2026-09-29 07:35:40RD Technologies says compliance is the gateway for bringing the real economy on-chain, eyes Hong Kong cross-border paymentsRD Technologies’ Head of APAC & Strategic Partnerships, Ian Lee, said at a roundtable session during GWDC 2026 Korea that compliance is not an add-on for the company but part of its core operating philosophy. In his view, if real-world economic activity is to move on-chain, compliance is the element that makes that transition possible. Lee also outlined the company’s commercial focus as a stablecoin and payments service provider, pointing to Hong Kong’s cross-border market, which he sized at roughly $1.2 trillion to $1.3 trillion. He said RD Technologies works directly with payment companies and banks so that end users do not have to deal with the complexity of stablecoins themselves. Lee cited exporters shipping goods to Latin America and Africa as one example, saying many of them run into friction through banks and SWIFT channels. The company wants to use blockchain rails to speed up settlement for those payments. On regulation, Lee said the key is to speak in a language regulators understand: first grasp the intent behind traditional rules, then explain, point by point, the tools needed for on-chain transactions and the improvements that blockchain-based features can offer.1100
