Advanced Payment Solutions joins Armenotech and Tempo France in a Stellar-based fintech ecosystem to bridge traditional and digital finance, with plans for CBDC projects and a Euro-nominated stablecoin.
Canada-based Advanced Payment Solutions (APS) has joined a strategic alliance with Cyprus fintech Armenotech and Tempo France to form an ecosystem built on the Stellar blockchain. The three companies will collaborate on bridging traditional finance and digital assets, enabling corporate customers to convert between fiat and digital currencies. The ecosystem plans to participate in three CBDC projects, two in Europe, and launch a regulated Euro-nominated stablecoin targeting an 80 billion euro market opportunity. APS brings money services and brokerage expertise, Armenotech provides Stellar-based technology, and Tempo serves as a corporate payment operator.