#Vaulta

Vaulta, a scalable operating system for Web3 banking, this week announced a strategic partnership with Virgo, a digital asset service provider, to launch VirgoPay, a dedicated cross-border remittance network that uses stablecoins to both reduce transfer fees and decrease transfer times for international wire transfers and payments.

The partnership will make Vaulta the default transaction and settlement layer for VirgoPay, which is set to launch in May and become a critical part of Vaulta’s Web3 Banking vision. VirgoPay will benefit from the near-instant finality of the Vaulta blockchain, ensuring the security, speed, and reliability of the payment network surpasses that of more traditional payment rail experiences.