Paysend Group Unveils a Global Stablecoin, Powering Seamless Worldwide Transactions

Paysend Unleashes a New Global Stablecoin on Stellar

Quick, grab your coffee—PaySend is rolling out a brand‑new stablecoin that lets over a million users send money across the globe instantly, and better yet, without those dreaded cross‑border fees. It’s like sending a pizza delivery, but the pizza is your money, and there’s no extra charge for the long haul.

Why Stellar? Because Speed and Savings Matter

Real‑time transactions: Stellar’s ledger guarantees payments are processed in a snap.
Cheaper than cash: Compared to other blockchain networks, Stellar lowers the cost ladder—think of it as the budget version of a luxury train.
Built for tokenisation: The stablecoin sits directly on Stellar, designed from the ground up to digitise assets and streamline payments.

Who’s In on the Action? Paysend’s Global Crowd

Paysend’s card‑to‑card and proxy‑card magic already serves over a million customers worldwide. That roster includes 700,000 expats and multi‑currency account holders across 70 countries and currencies. Think of it as a digital passport that never loses its value.

Collaborates with global banks for seamless inter‑bank flows.
Teams up with local payment systems for smooth local moves.
Partnerships with Visa, Mastercard, and China Union—yeah, the big three are on board.

CEO Statement: “Stablecoin for the People!”

Ronald Millar, Paysend’s fearless leader, says:

“Our new stablecoin is a game‑changer for our 700,000 expats and multi‑currency users. It keeps funds stable and lets them pay instantly anywhere, no more pesky cross‑border fees.”

Stellar Development Foundation’s Take

Lisa Nestor, director of partnerships at Stellar, adds:

“We’re excited to see Paysend’s stablecoin in action. Stablecoins are the next frontier of digital payments, and they can seriously shake up how remittances fly.”