Qivalis, a consortium-backed digital asset company, has secured an electronic money institution (EMI) licence from the Dutch central bank clearing a key regulatory hurdle for its planned euro-denominated stablecoin but leaving further requirements to be met before issuance can begin. The Amsterdam-based company said on October 14 2026 that De Nederlandsche Bank (DNB) had authorised it as an EMI bringing it under the regulator’s ongoing supervision. Qivalis is backed by 37 European banks across 15 countries and plans to begin […]
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Crypto transfers from Canada to India, China, and the Philippines rose 141% year-on-year to $2.36 billion in the 12 months through June 2026 as digital assets gained traction in cross-border payments, blockchain analytics firm, Chainalysis, said. The three corridors accounted for 19.4% of Canada’s outbound cross-border stablecoin value, up from 10.9% a year earlier. The transfers totalled 3.56 million transactions with an average value of $663, according to the report. Canada-to-Philippines crypto transfers reached $61.02 million across 73,564 […]
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The U.S. Financial Accounting Standards Board (FASB) has proposed guidance that could allow companies to classify certain stablecoins as cash equivalents potentially improving their use in corporate treasury and payment operations. The Board is issuing this proposed update to: Clarify whether certain digital assets meet the definition of the term ‘cash equivalents’ and reduce diversity in practice, and Increase transparency of the significant components of cash equivalents. REGULATION | The European System of Central Banks Seeks Minimum Liquidity Thresholds […]
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The Financial Stability Board (FSB) has warned that gaps in cross-border stablecoin regulation and growing artificial intelligence (AI) threats could undermine global financial stability, urging stronger international cooperation ahead of a Group of 20 (G20) meeting on October 15 2026. In a letter published on October 12 2026, FSB Chair, Andrew Bailey, highlighted risks spanning sovereign bond market volatility, vulnerabilities in private credit markets and emerging AI-related threats. The letter was accompanied by a report examining vulnerabilities in global […]
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The European Central Bank should press ahead with a digital euro to prevent fragmentation in Europe’s payments system and preserve the role of central bank money as finance becomes increasingly digital, ECB Executive Board member Piero Cipollone said on Tuesday. Cipollone said Europe risked becoming overly dependent on foreign-controlled payment infrastructure and could see its monetary sovereignty weakened if it failed to provide a pan-European digital payment option. He also warned that tokenised finance could develop across closed and incompatible […]
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Bitcoin withdrawals from Binance reached their highest weekly level in more than three years in late September 2026 while large holders increased stablecoin deposits on the exchange according to on-chain analytics firm, CryptoQuant. Binance recorded net Bitcoin outflows of 23,137 BTC in the seven days through September 27 2026, the largest weekly outflow since June 2023 when its Bitcoin balance fell by 44,942 BTC. The exchange’s Bitcoin reserves have declined by nearly 40,000 BTC since September 20 2026, the data […]
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Crypto companies are shifting their focus from building on-chain financial products to getting customers to use them regularly as the industry seeks to move closer to mainstream finance. Asset managers have launched tokenized funds, exchanges are expanding into lending and payments, and blockchain networks are seeking institutional customers. The challenge is increasingly to demonstrate sustained usage rather than simply prove that the technology works. REALITY CHECK | The Crypto Startup is Dying. Regulation Didn’t Kill it Alone For […]
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Russia’s Finance Ministry has paid some employees their wages in digital rubles for the first time moving the central bank digital currency into government payroll as the country expands its use. The salary payments began on October 1 2026 and were voluntary with participating employees required to open digital Ruble accounts on the Bank of Russia’s platform, the Finance Ministry said. The ministry did not disclose the number of employees who received their wages in digital rubles or the total […]
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Walapay, global payments infrastructure for account issuance, collections, FX, and payouts, has announced a $4.6 million seed round led by Generative Ventures, with participation from Commerce Ventures, Polygon, Verda Ventures, NGC Ventures, FGV Capital, AAF, Jsquare, Knollwood, Big Brain Holdings and others. Founded by brothers Tom and Dimitri Borgers, WalaPay gives enterprises, fintechs, payment service providers (PSPs), and financial institutions a single API to move money across currencies and geographies with direct local rail integrations across Latin America, Africa, and […]
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The Stellar Community Fund (SCF) awarded about $4.04 million worth of XLM to 40 projects in its 45th funding round with 5 of those projects explicitly focused on African markets. The Africa-focused projects span stablecoin banking, cross-border payments, trade finance, and local-currency settlement, highlighting the continued emphasis on connecting dollar-denominated digital assets with existing African financial infrastructure. Kotani Pay Wins $100,000 Grant from the Stellar Development Foundation Below are the winning projects: 1.) Sorted – $150,000 Sorted is […]
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European stablecoin issuer, AllUnity, has launched USDAU, a U.S. dollar-pegged stablecoin that expands its MiCA-regulated stablecoin offerings beyond The Euro, Swiss Franc, and Swedish Krona. USDAU is backed 1:1 by segregated dollar reserves and will initially operate on Ethereum, Solana, Base, Tempo, Arc and Polygon, the company said. The launch comes just 3 months after the passage of MiCA regulations and the launch of SEKAU, the first Swedish Krona stablecoin. INTRODUCING | First Swedish Krona Stablecoin Launches for Institutional […]
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The European Central Bank has opened a new call for companies and organisations to develop and test applications built around the potential digital euro, as the Eurosystem moves deeper into preparations for a possible launch. The initiative will bring together payment service providers, fintech companies, merchants, technical service providers, point-of-sale vendors, public institutions, and research organisations. Applications are open until November 9 2026 with selected participants expected to be announced in January 2027. The programme is split into experimentation […]
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NALA is increasingly positioning itself not simply as a remittance company, but as stablecoin payment infrastructure for emerging markets. Its Rafiki platform says payout volumes have grown 17x over the past 18 months while maintaining a 96.6% average payout success rate across Africa and Asia. The infrastructure uses automated routing to move transactions across local payment rails and stablecoin networks. The strategy is straightforward – stablecoins handle the cross-border settlement; Rafiki handles the local distribution. STABLECOINS | Leading African […]
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Payward, the parent company of crypto exchange Kraken, is spending billions of dollars to build a financial platform that combines trading, payments, asset management and institutional services on shared infrastructure. The strategy is increasingly defined by three approaches: build what Payward considers core, buy capabilities that would take too long to develop, and partner where established financial institutions can accelerate distribution or access. Over the past two years, Payward has acquired businesses spanning futures, derivatives, trading technology, and tokenized equities, […]
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AI agents could become a new source of demand for stablecoins as autonomous software begins paying for data, services and computing power, according to BlackRock. In a research paper published mid-September 2026, the world’s largest asset manager said the growth of agentic artificial intelligence could create demand for digital assets by enabling software to make payments without direct human involvement. BLACKROCK | AI Agents Could Turn Stablecoins Into the Payment Rails of the Machine Economy BlackRock said stablecoins […]
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Britain’s largest banks have completed the world’s first interbank transactions using tokenized deposits marking a step toward using on-chain commercial bank money for payments and settlement. Lloyds Banking Group, NatWest, and Barclays completed two remortgage transactions using tokenized sterling deposits while a separate group of three banks, including HSBC, carried out a simulated customer-to-customer payment designed to replicate an online marketplace purchase, UK Finance said. The transactions were conducted under the Great British Tokenised Deposit (GBTD) project, an initiative involving […]
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The U.S. Federal Reserve has proposed rules to implement the country’s new federal framework for stablecoins setting requirements for reserves, capital, and risk management while laying out a path for supervised banks to issue their own tokens. The proposals are part of the Federal Reserve’s implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS Act, enacted in 2025 to establish federal rules for payment stablecoins. OPINION | Why We Will See 1,000 Stablecoins (and […]
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The rapid growth of stablecoin-powered payment cards is exposing the industry to a concentration risk with a large share of crypto neobanks relying on infrastructure provided by a small number of issuers, according to an analysis by crypto card researcher, Tristyn Pawson. Pawson said 18 of 25 active crypto cards listed on Payments can rely entirely on either Rain or Wirex raising questions about what would happen to customers and card programs if either provider faced a major operational, regulatory, […]
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U.S. consumer interest in using stablecoins for cross-border transfers could rise to 56% from 36% if the digital assets offered bank-level fraud protection and deposit insurance, according to a recently released VISA survey. The findings are based on a Morning Consult survey of 2,192 U.S. adults conducted between February 24 and March 2 2026. VISA said 64% of respondents viewed the payment provider as more important to trust than the underlying technology while willingness to use stablecoins rose to 45% […]
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The European Central Bank and other EU central banks are calling for changes to the bloc’s stablecoin reserve rules warning that current requirements could expose banks to liquidity risks during large-scale redemptions. Under the EU’s Markets in Crypto-Assets (MiCA) rules, stablecoin issuers must hold at least 30% of reserves as bank deposits, rising to 60% for significant stablecoins. The European System of Central Banks (ESCB) wants those requirements removed and replaced with minimum liquidity thresholds based on how quickly reserve […]
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