Inside SSI | Trends | 2

Inside SSI | Trends week | 2 Real‑time cross‑border experiments ⚡ ⏱️ gpi Instant connects gpi with domestic instant payment systems, allowing seconds‑level...

Inside SSI | Trends week | 2
Real‑time cross‑border experiments ⚡

* ⏱️ gpi Instant connects gpi with domestic instant payment systems, allowing seconds‑level settlement on participating routes.

* 🌐 UPI-PayNow & PromptPay-PayNow: retail customers in India ↔ Singapore and Thailand ↔ Singapore already send money in under a minute via linked QR codes and proxies.

* 🚀 Beyond Asia: Europe's TIPS and the U.S. Fed are piloting interoperability to move funds across currencies without traditional correspondent hops.

* 🧪 PAPSS & other pilots: the Pan‑African Payment and Settlement System is live in 10+ central banks, clearing local currencies; but corporate payments and large values are still being tested.

Why it matters: Instant cross‑border isn't hypothetical anymore - gpi Instant and regional pilots prove it's possible. The challenge is scaling up for high‑value B2B flows while balancing liquidity and FX.

👉 React: ⏱️ "I need this yesterday" or 💸 "Fix FX spreads first".

Topics: ISO 20022, SSI, Payments, SWIFT, Tokenization