According to The Wall Street Journal, several leading U.S. banks — including JPMorgan Chase and Wells Fargo — plan to introduce international money transfers through stablecoins within the Zelle payment network. The initiative is being developed by Early Warning Services (EWS), the banking consortium that owns Zelle.
Currently, Zelle operates exclusively within the United States. The upcoming feature will mark the platform’s first step toward global expansion, offering customers the ability to send funds abroad more efficiently.
EWS stated that stablecoins will be used to facilitate international transactions, helping ensure exchange rate stability and lower transaction costs. This move became possible following the recent approval of stablecoin regulation in the United States, which provided a clearer legal framework for digital dollar-pegged assets.
While an official launch date has not yet been announced, Early Warning Services confirmed that the feature will be available to clients of banks within the Zelle network once implemented.
This marks a major shift in the U.S. financial sector, as traditional banking institutions increasingly integrate blockchain-based payment infrastructure to enhance cross-border efficiency.
Earlier reports also noted that the number of Tether (USDT) users surpassed 500 million, underlining the accelerating global adoption of stablecoins as a key tool for payments and settlements.
