Beyon Money Launches Blockchain-Powered Cross-Border Payments with SwiftX
The integration establishes Beyon Money as a pioneer in digital cross-border payments, demonstrating the potential of stablecoin-based settlements to transform the efficiency, transparency, and cost-effectiveness of international transactions in the Kingdom of Bahrain and the wider region.
Beyon Money, part of the Beyon Group, has successfully gone live with its partnership with SwiftX, a global money transfer operator. The collaboration leverages next-generation financial technology to enhance international remittances, enabling faster, more secure, and cost-efficient cross-border payments.
Through the integration, Beyon Money uses SwiftX’s blockchain settlement network and stablecoins to execute live international transfers. This approach improves transaction speed and reliability, reduces operational costs, and minimizes foreign exchange dependencies. Distributed ledger technology further enhances transparency and accountability for every transaction, strengthening Beyon Money’s position as a regional leader in fintech innovation.
The partnership highlights both companies’ commitment to supporting Bahrain’s economic growth and advancing the digital financial ecosystem in the region. By combining traditional financial infrastructure with blockchain technology, the collaboration sets a benchmark for seamless and modern cross-border payment solutions across the GCC and beyond.
The integration establishes Beyon Money as a pioneer in digital cross-border payments, demonstrating the potential of stablecoin-based settlements to transform the efficiency, transparency, and cost-effectiveness of international transactions in the Kingdom of Bahrain and the wider region.
