Anchorage Digital Partners With Grupo Salinas on Dollar Stablecoin Cross-Border Payments

According to the announcement, Coinpro will use Anchorage Digital’s payment rails for faster, real-time programmable dollar settlement, and the companies also plan payment channels for Grupo Elektra users.

42d ago

Fact Check

The Block's primary article ('Anchorage and Mexican billionaire's Grupo Salinas ink cross-border payments partnership') directly and fully confirms all elements of the claim: Coinpro using Anchorage Digital's payment rails for real-time programmable dollar settlement, and the planned payment channels for Grupo Elektra users. PANewsLab and The Block's own X post independently corroborate the same facts. No conflicting or contradictory evidence was found across any source.

Summary

Anchorage Digital has partnered with Grupo Salinas to provide dollar stablecoin infrastructure for cross-border payments. Coinpro, Grupo Salinas’ crypto unit, will integrate Anchorage Digital’s payment rails to enable faster settlement and real-time programmable dollar settlement through blockchain-based infrastructure. The announcement also said the companies will develop payment channels for Grupo Elektra users, expanding the partnership beyond Coinpro’s integration and highlighting a broader consumer payments use case for stablecoins.

Terms & Concepts

Stablecoin: A cryptocurrency designed to maintain a stable value, often by being pegged to a fiat currency such as the U.S. dollar.
Cross-border payments: Payments sent between parties in different countries, often involving foreign exchange, intermediaries, and settlement delays in traditional systems.
Programmable settlement: Transaction settlement that can be automated by predefined rules, often using smart contracts or blockchain-based payment systems.