KiiChain selected by Banco Agrario and Merke plaza to provide settlement and cross-border FX infrastructure for financial inclusion in Colombia.
Tech & Launches ·
KiiChain has been selected by Banco Agrario and Merke plaza to supply settlement, transaction data, and cross-border foreign exchange infrastructure aimed at advancing financial inclusion in Colombia. The partnership reflects growing momentum in moving currency conversion and payment settlement onto blockchain systems as stablecoins—now exceeding $322 billion in total market value—and onchain FX infrastructure reshape how cross-border transactions operate. Traditional foreign exchange settlement has long been slow and fragmented, with payments crossing multiple intermediaries over days; onchain systems designed for this purpose target those friction points directly. The scope of KiiChain's role in the Colombian arrangement and the timeline for deployment remain unclear from available announcements.