A filtered briefing of serviceable events carrying the payments topic across the current editions.
Stablecoins Secure Growing Role in Crypto Payments and Remittances KuCoin
Reviewed KuCoin reporting on Payments matters for Stablecoin payments readers.
Hyundai Card expands stablecoin remittance initiative to Europe after successful US-Mexico pilot Crypto Briefing
Reviewed Crypto Briefing reporting on Payments matters for Stablecoin payments readers.
Robinhood’s newly launched Ethereum layer-2 network has attracted more than $70 million worth of Ether bridged from Ethereum within its first week of operation, according to on-chain data, signaling strong early demand for the brokerage’s blockchain infrastructure. INTRODUCING | Leading Retail Investing Platform, Robinhood, Launches Public Blockchain, Robinhood Chain The network, which uses ETH as its native gas token, has also seen the supply of USDG stablecoins grow rapidly as users move liquidity onto the chain. Data shows […]
Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
Circle Internet Group, the USDC stablecoin issuer, has announced that it has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank, N.A., a national trust bank. The bank will operate under the name Circle National Trust. OCC approval of a national trust bank charter represents a major U.S. regulatory milestone and strengthens the infrastructure of USDC through federally-regulated custody, with reserve management planned as a future capability. It places […]
Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
Global financial messaging network SWIFT has launched a blockchain-based shared ledger and is preparing to begin live pilots with 17 major banks marking one of the banking industry’s biggest moves toward tokenized cross-border payments. The pilot will allow participating institutions, including HSBC, Citi, BNP Paribas, UBS, Standard Chartered, DBS, ANZ, BNY, Wells Fargo and others, to move tokenized bank deposits across borders 24 hours a day, including nights and weekends, while continuing to settle transactions through existing banking infrastructure. […]
Reviewed BitKE reporting on Payments and Tokenisation matters for Cross-border payments and Stablecoin payments readers.
South Korea proposes comprehensive digital asset law including stablecoin rules CoinDesk
Reviewed CoinDesk reporting on Payments matters for Stablecoin payments readers.
Flutterwave and Circle Signal a New Phase for Stablecoin Payments Tech In Africa
Reviewed Tech In Africa reporting on Payments matters for Stablecoin payments readers.
How Stablecoins Could Power the Next Era of Retail Payments WSJ
Reviewed WSJ reporting on Payments matters for Stablecoin payments readers.
Circle Ventures Invests in Flutterwave for USDC Payments, Settlement | Business Post Nigeria
Reviewed businesspost.ng reporting on Payments matters for Stablecoin payments readers.
Hyundai Card uses USDT and Avalanche for first intercompany remittance trial Crypto News
Reviewed crypto.news reporting on Payments matters for Stablecoin payments readers.
Swift has made the initial phase of its blockchain-based ledger available for use, with banks preparing to pilot live transactions. The financial messaging network is enabling 17 global banks to pilot 24/7 cross-border payments using tokenised deposits through the new ledger. The shared ledger provides participating financial institutions with a secure orchestration layer. Banks can [...] The post Swift’s Blockchain Ledger Enters Pilot Phase with 17 Global Banks appeared first on Fintech Singapore .
Reviewed Fintech News Singapore reporting on Payments and Tokenisation matters for Cross-border payments and Stablecoin payments readers.
Ava Labs partners with Hyundai Motor Group to build stablecoin remittance layer on Avalanche Crypto Briefing
Reviewed Crypto Briefing reporting on Payments matters for Stablecoin payments readers.
Sony Bank has received preliminary approval from U.S. banking regulators to establish a national trust bank that will oversee the issuance and management of U.S. dollar-denominated stablecoins marking the latest move by a global financial institution into regulated digital assets. The approval signals Sony’s entry into regulated U.S stablecoin issuance. Sony Bank is part of the broader Sony Group, the same Japanese conglomerate behind PlayStation, Sony Pictures Entertainment, Sony Music, Sony Electronics, and Sony Semiconductor. Electronics Giant, Sony, to […]
Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
Hesab Selects Movement as Exclusive Stablecoin Settlement Layer for Its Global Self-Custody Bank Macau Business
Reviewed Macau Business reporting on Payments matters for Stablecoin payments readers.
India’s Central Bank Demands Banks Avoid Cryptocurrency and Stablecoin Exposure Blockonomi
Reviewed Blockonomi reporting on Payments matters for Stablecoin payments readers.
Revolut Halts USDT for EU Users: MiCA Reserve Law Triggers Forced Fiat Conversion Tech Times
Reviewed Tech Times reporting on Payments matters for Stablecoin payments readers.
Singapore-ASEAN payments face stablecoin shift as regulation matures Singapore Business Review
Reviewed sbr.com.sg reporting on Payments matters for Stablecoin payments readers.
Hyundai tests stablecoin remittance between US & Mexico IT Brief UK
Reviewed itbrief.co.uk reporting on Payments matters for Stablecoin payments readers.
Nium has acquired Cypher as it pushes deeper into infrastructure for payments between fiat currencies and digital assets. The financial details were not disclosed. The Singapore-based cross-border payments firm said the deal adds crypto-native expertise to its stablecoin-backed issuing and global money movement infrastructure. Nium has been expanding its network to support stablecoin funding and [...] The post Nium Acquires Cypher to Bridge Fiat and Digital Asset Payments appeared first on Fintech Singapore .
Reviewed Fintech News Singapore reporting on Payments matters for Cross-border payments and Stablecoin payments readers.
Depa Finance Selects Modern Treasury to Power Its Stablecoin-Native Cross-Border Payments Infrastructure 01net
Reviewed 01net reporting on Payments matters for Cross-border payments and Stablecoin payments readers.