With Cross River’s industry-leading infrastructure, Transak scales its fiat-to-crypto on/off ramp services

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Banks used to be where you stored money, got paid, and earned interest. Today, wallets are serving as pseudo banks-on-the-go. Powered by stablecoin rails, they now manage payments, savings, and global transfers with a speed and efficiency that banks can’t match.

Stablecoins are already settling more transactions than Visa and Mastercard combined). At the time of writing (September2025), their market cap is already teasing $300 billion - that’s nearly 10% of circulating U.S. Dollar. 

Cobo’s MPC infrastructure will complement Transak’s global asset flows, including merchant acquiring and fund management.

Executive Summary

Money is moving globally faster, smarter, and with unprecedented flexibility. Stablecoins have become the backbone of modern payments, settlement, and on-chain capital flows, with robust growth fueled by institutional demand, strong regulatory frameworks, and new financial innovations.

TOKEN2049 Week in Singapore isn’t just about the main conference. The city transforms into one big playground filled with meetups, parties, and experiences that bring the global crypto community together. [[no widget]]