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HKDAP could move the Hong Kong dollar beyond payments and into cross-border settlement, corporate treasury management and tokenized finance as regulated stablecoins gain a role in Hong Kong’s on-chain financial system, according to a HashKey researcher. HashKey senior researcher Tim…
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Open USD launched with 140 partners including Visa, Mastercard and BlackRock. Standard Chartered began rolling out a Hong Kong dollar stablecoin. World Liberty Financial got a bank charter to issue its own. The competition has moved from who can mint a token to who controls the rails it travels on.
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Ripple partnered with Jeonbuk Bank to provide near real time cross border settlement for South Korean businesses using Ripple Payments.
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Mastercard Crypto Credential does not move money; it vouches for the people moving it, and that distinction is now worth more than the rails beneath every stablecoin transaction. At a glance, the Mastercard Crypto Credential announcement from August 5, 2026,…
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Two developers went to prison-facing trials over four words in a 1970s-era framework: what counts as transmitting money. The answer decides whether writing DeFi code is a regulated financial business or protected publishing, and Section 604 of the CLARITY Act…
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Confirmo has launched a stablecoin subscription payment service that supports automated recurring billing across more than 700 self-custody wallets and exchange accounts. According to a July 14 press release shared with crypto.news, Subscribe allows enterprise businesses such as SaaS providers,…
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Stablecoin FX beat interbank rates throughout Q2, while poor provider routing cost firms $2,330 for every $1 million moved, Borderless says.
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Nuvei has agreed to acquire Payoneer in a $2.75 billion all-cash deal, adding the cross-border payments firm’s global payout network and regulatory licenses to its financial infrastructure business. According to a joint announcement from the companies on June 15, Nuvei…
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MassPay has partnered with Coinbase to integrate stablecoin funding and settlement into its cross-border payout network, giving enterprise customers access to USDC-based payments across 180 countries. According to the companies’ announcement, eligible MassPay clients can send USDC globally, manage treasury…
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Cross-border B2B stablecoin payments have been projected to reach $5 trillion by 2035, according to a new report from Juniper Research. The report published on April 27 has estimated that the total cross-border B2B stablecoin transaction value will climb from…
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Stablecoin payments infrastructure firm TransFi has raised $19.2 million to expand its operations. According to a recent announcement, the company raised $14.2 million in Series A equity along with a $5 million committed liquidity facility. The funding round was led…
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Remittance giant Western Union is piloting a stablecoin-based settlement system to power its treasury operations and modernize how it moves money across borders. During a recent earnings call, Debin McGranahan, Wester Union’s CEO, revealed that the firm is “actively testing…
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Citi Ventures has made a strategic investment in stablecoin infrastructure company BVNK, which now has a valuation exceeding $750 million. BVNK secures Citi Ventures backing, valuation tops $750M Citi Ventures, the venture capital arm of Citigroup, has made a strategic…
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Chicago-based stablecoin startup Coinflow has raised a $25 million Series A round led by Pantera Capital. Stablecoins are increasingly attracting investor attention. On Wednesday, October 8, Chicago-based stablecoin startup Coinflow secured a $25 million Series A round. The funding round,…
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Starlynk, Changer.ae, and Quantoz Payments are partnering to launch cross-border stablecoin payment corridors, with Shanghai Tang joining the initiative as the first international retailer to accept EURQ and USDQ for in-store and online purchases. Starlynk Group, Changer.ae, and Quantoz Payments…
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President Alexander Lukashenko has urged Belarusian banking leaders to expand the use of cryptocurrencies and modern digital payment systems as he believes the country’s outdated financial practices can no longer support its sanction-hit economy. Doubling down on his newfound urgency,…
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