The Billion-Dollar Bet on Agentic Settlement The race to build plumbing for the agent economy is increasingly defined by a tension between open standards and proprietary gardens. While many startups in this space lean on the speculative promise of future autonomous commerce, Fasset has secured a $1 billion valuation by anchoring its growth in a […]
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Global payroll company, Deel, has expanded its DLUSD stablecoin wallet to more than 80 countries, extending a dollar-denominated payment and savings product across Latin America, Africa, the Middle East, and Asia-Pacific just weeks after its initial launch in Argentina. The expansion, announced on August 17 2026, comes about 11 weeks after Deel first introduced the wallet in Argentina. The United States, United Kingdom, European Union countries and Australia remain excluded. Deel, which processes about $22 billion in annual payroll, is […]
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Fasset has raised US$68 million in a Series C funding round led by Japan’s SBI Group, valuing the stablecoin neobanking platform at US$1 billion. The investment expands Fasset’s existing relationship with SBI Group, which includes a partnership with its international remittance arm SBI Remit. The remittance network supports bank account transfers to around 200 countries. [...] The post Fasset Earns Unicorn Badge After US$68 Million Funding Round appeared first on Fintech Singapore .
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MiCA’s crackdown on Tether’s USDT is reshaping Europe’s stablecoin market but global demand for the world’s largest stablecoin remains largely intact. European platforms have accelerated USDT restrictions after the EU’s MiCA transition period ended on July 1 2026 with Revolut among the latest to announce a delisting for EEA users. REGULATION | Leading European Fintech, Revolut, to Delist USDT from August 2026 Over Regulatory and Risk Concerns Yet Artemis Analytics said the data shows no noticeable shift in […]
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A new institutional credit fund backed by Ripple, Clearpool, and Cicada Partners is deploying RLUSD as a primary lending asset on the XRP Ledger (XRPL). By facilitating the direct lending of this stablecoin to fintech and payments firms, the initiative shifts RLUSD from its initial role as a payment-focused asset into the domain of institutional […]
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Social media platform, X, is reportedly exploring the use of the USDC stablecoin to pay royalties to influencers and content creators, according to a person familiar with the discussions. The talks are ongoing and no final decision has been made. X did not immediately respond to a request for comment. REGULATION | X (Twitter) Acquires 7 Currency Transmitter Licences in the United States The move comes as X revamps its creator compensation model replacing its Revenue Sharing programme […]
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Blockradar, the wallet-as-a-service provider, says it has officially crossed the $1 billion milestone in total transaction volume. This achievement highlights the platform’s rapid rise as a critical infrastructure layer for stablecoin payments in emerging markets. While the company has not disclosed additional information around the milestone, previous coverage of its growth on BitKE point to a rapid growth in its uptake. In December 2025, BitKE reported that Blockradar had crossed $300 million in total transaction volume, having processed nearly 500, 000 […]
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Ghana’s Securities and Exchange Commission (SEC Ghana) has expanded its virtual asset regulatory sandbox to 20 firms, up from 11 when the programme launched in March 2026. The SEC added nine companies in an updated list published on August 19 2026, broadening the sandbox to cover crypto trading, brokerage, tokenisation, trade finance and commodities markets. REGULATION | SEC Ghana Announces 11 Participants in Virtual Asset Regulatory Sandbox The 20 participants are: Africoin The Blue Penguin Company Limited (Blu […]
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