The Faster Payments Council (FPC) recently posted a two-part blog series, “Blockchain in U.S. Payments.” The series takes a closer look at blockchain in U.S. payments, from emerging use cases and opportunities to the infrastructure and considerations needed to support implementation. It also explores topics including stablecoins and tokenized deposits, cross-border payments, compliance, fraud, treasury management, governance, interoperability, and more. 

Read both parts of the series to learn how blockchain may complement existing payment infrastructure and where the technology could fit as the payments industry continues to evolve.

Part 1: A Practitioner’s Guide to the Rails, the Risks, and the Opportunity
Part 2: Architecture, Interoperability, and the Path to Production-Grade Deployment

Last month, the FPC also published a report, “Stablecoins as a Cross-Border Payment Method,” that examines how GENIUS Act-compliant stablecoins could improve cross-border payment processes and compares stablecoin-based models to traditional correspondent banking approaches.

This report explores two primary stablecoin payment models: direct stablecoin transfers between parties and indirect settlement models where financial institutions or fintechs use stablecoins as a back-end settlement mechanism. It also outlines the operational, compliance, liquidity, and regulatory considerations organizations must evaluate when implementing stablecoin-based payment solutions.