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PPRO partners with Damisa for stablecoin-powered treasury and cross-border settlement

Finance Damisa

Damisa announces a partnership with PPRO to use regulated stablecoins for same-day cross-border payment settlement, expanding from Latin America globally.

Damisa, the regulated stablecoin-native settlement platform for cross-border business payments, today announced that PPRO, the local payments platform behind global payment service providers and merchants, has partnered with Damisa. What began as a focused deployment in the Latin American region is now scaling with PPRO's global expansion.

Through the partnership, PPRO taps into Damisa's onramp and off-ramp network to move money. Damisa converts the funds into regulated stablecoins and moves them across borders the same day. The model replaces multi-bank correspondent chains with a single regulated rail, reducing the capital that has to be prefunded in each market and giving PPRO full visibility of every payment.

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Notes to editors

Organisation
Damisa
Contact
Zaid Barem
Email

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