Riva Money's Dual-Rail System Enhances Cross-Border Payment Efficiency

Riva Money, a London-based fintech startup, has introduced a dual-rail payment system that combines blockchain technology with traditional banking infrastructure to streamline cross-border B2B transactions. This innovative approach aims to address the inefficiencies of legacy systems and provide businesses with faster, more cost-effective payment solutions.

The Need for Innovation in Cross-Border Payments

Traditional cross-border payment methods often involve multiple intermediaries, leading to high transaction fees and delays. According to a report by the Bank for International Settlements, the global stablecoin market has reached approximately $255 billion as of June 2025, with nearly 99% of stablecoins pegged to the US dollar. This growth highlights the increasing reliance on digital assets for international transactions. Wikipedia

Riva's Dual-Rail Approach

Riva's dual-rail system intelligently routes payments through either blockchain-based rails or traditional fiat-to-fiat networks, depending on which method offers the greatest efficiency and cost-effectiveness for the transaction at hand. This flexibility ensures that businesses can optimize their payment processes based on specific needs and circumstances. Perplexity AI+3PM Global News+3Tech.eu+3Tech.eu

By leveraging blockchain technology, Riva can offer near-instant settlement times and reduced transaction costs compared to traditional banking methods. This is particularly beneficial for businesses engaged in international trade, where timely and cost-effective payments are crucial. Cross River

Industry Recognition and Support

Riva's innovative approach has garnered attention from industry experts and investors. Malin Posern, Partner and Managing Director at Project A, stated,

"With stablecoin adoption accelerating and regulatory frameworks maturing globally, the time is right for an infrastructure rethink. Riva’s dual-rail system for businesses elegantly solves for both speed and flexibility in a market that’s still reliant on legacy processes."

Looking Ahead

As the global financial landscape continues to evolve, Riva's dual-rail payment system positions the company to play a pivotal role in the future of cross-border transactions. By integrating blockchain technology with traditional banking infrastructure, Riva is helping to bridge the gap between innovation and reliability in international payments.