RocketFuel Announces New B2B Cross-Border Settlements Solution
RocketFuel Blockchain, Inc. (“RocketFuel” or the “Company”), a global provider of payment solutions via ACH bank transfers, Bitcoin and other cryptocurrencies, announced that it had successfully launched its new B2B cross-border settlements solution, which facilitates settlement between B2B entities using stablecoins like USDT and USDC. The solution utilizes a combination of digital and fiat currencies to enable fast, reliable, compliant cross border settlements. Settlement is automated and done in minutes.
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In June 2022, RocketFuel experienced a significant increase in its B2B cross border volume from its initial customers, and the Company believes that the numbers will grow with an even higher pace the coming months.
Peter Jensen, RocketFuel CEO, stated: “An important factor that is pushing crypto payments into mainstream is settlement layers using stablecoins, in particular USDT and USDC. This is not yet so visible for the retail customer but has a very important effect on the general integration of crypto-rails for financial institutions, creating stable, programmable and efficient settlement layers. Due to our newly received crypto-exchange (VASP) license in Europe, RocketFuel is now able to offer PSPs and eCommerce merchants stablecoin settlements in a completely regulated environment.”
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RocketFuel’s virtual currency platform comes with a variety of digital payment options for both cryptocurrency and fiat currencies in the virtual and physical world. These options are a great fit for metaverse and NFT platforms to include payments via in-game tokens, cryptocurrencies, CBDC, stable coins and fiat currencies to Web3 merchants across the world.
