The U.S. Faster Payments Council (FPC) announced the publication of a new report from the FPC Cross-Border Payments Work Group titled, Stablecoins as a Cross-Border Payment Method. Developed in collaboration with the FPC Digital Assets Work Group, the report examines how GENIUS Act-compliant stablecoins could be used to improve cross-border payment processes and compares stablecoin-based models to traditional correspondent banking approaches.