DexterTransfer
DexterTransfer is a cross-border payment protocol and service designed to enable fast, low-cost transfers of fiat and digitized assets between banks, payment providers, and wallets. It uses tokenized representations of fiat currencies and a settlement layer to reduce reliance on traditional correspondent banking networks, aiming to deliver near-instantaneous settlements across multiple jurisdictions.
The architecture combines a permissioned network for routing and compliance controls with a settlement layer that
Governance is provided by a multi-stakeholder consortium, including banks, fintechs, and payment processors, with a non-profit
Security and compliance features include identity verification workflows (KYC/AML), audit trails, cryptographic security, multi-signature custody for
History and reception: DexterTransfer was proposed in the early 2020s and released as an open-source reference