PPRO Partners With Damisa for Regulated Stablecoin Cross-Border Settlement, Launches in Latin America

According to Damisa's official announcement on October 15, PPRO has partnered with UK-based Damisa to use regulated stablecoin infrastructure for treasury operations and cross-border settlement, beginning in Latin America. Under the arrangement, Damisa converts traditional currencies into regulated stablecoins, facilitates same-day transfers across borders, and settles funds in PPRO's chosen currency. The partnership replaces multiple intermediary banking steps with a single regulated settlement route, reducing capital requirements and improving payment visibility. Following the initial rollout in Latin America, the platform is expanding to support collection, international fund movement, and local-currency settlement across additional markets.
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