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Polygon reduces block time amid stablecoin push
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Circle’s partners just built its replacement
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HashKey, Shanghai Commercial Bank and Visa launched a Hong Kong credit card offering up to 4% rewards converted into crypto-linked vouchers.
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Visa data shows USDC carrying 70% of adjusted stablecoin volume, double USDT. How Circle won settlement, Tether kept savings, and what breaks the truce.
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On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and…
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Visa, Mastercard, Coinbase, and more than 140 businesses have launched Open Standard, a new stablecoin consortium that plans to issue a U.S. dollar pegged token called Open USD later this year. According to Open Standard, the initiative is designed to…
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Visa has introduced new AI, stablecoin, and token capabilities at Visa Payments Forum 2026. The company said the tools will help clients support faster and more automated commerce. The updates cover agentic payments, token assurance, stablecoin settlement, and tokenized deposits.…
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Wirex has joined Visa’s Agentic Ready programme to help test how artificial intelligence agents can initiate and complete payments using stablecoins. According to an announcement from Wirex, the company will participate as an issuer in Visa’s new initiative, which is…
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Visa has tested stablecoin settlement using Brale’s SBC token on the Canton Network, as global stablecoin issuance has surpassed $300 billion, according to S&P Global Ratings. According to a joint announcement from Visa, Brale, and Canton Network participants, the companies…
News
Polygon has reduced its average block time to 1.75 seconds as the network expands infrastructure built around stablecoin payments and institutional settlement tools. Polygonscan data showed the latest Polygon blocks were being produced in 1.75 seconds after the network implemented…
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SBI and Visa launch a crypto rewards card for BTC, ETH and XRP as SBI pursues Bitbank subsidiary talks in Japan.
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Visa added Base, Polygon, Canton, Arc, and Tempo to its global stablecoin settlement pilot on April 29, bringing the total to nine supported blockchains and reaching a $7 billion annualized settlement run rate, up 50% from last quarter. Visa stablecoin…
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Visa is moving deeper into the race to power AI-led commerce, rolling out a new infrastructure layer that allows autonomous agents to handle payments on behalf of users. The company on Wednesday introduced Intelligent Commerce Connect, a network and protocol…
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Global payments giant Visa is expanding its partnership with Stripe-owned Bridge to scale stablecoin-backed cards to more than 100 countries. In a statement published on March 3, Visa confirmed that the expanded program will allow businesses and developers to issue…
Dorian Batycka
New paper flags risk to bank funding just as payments giants ramp up tokenized settlement. The European Central Bank (ECB) has fired a shot across the bow of the stablecoin industry, warning that widespread use of private tokens could undermine…
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Visa has partnered with crypto payments firm Mercuryo to let users convert digital assets into fiat currency and send the proceeds to credit cards using Visa Direct.
Recap
In this week’s edition of the weekly recap, the Securities and Exchange Commission (SEC) proposed settlement agreements for Sam Bankman-Fried’s former associates whose testimony secured his conviction. Additionally, law enforcement in South Korea dismantled a criminal operation using counterfeit currency…
News
Visa is doubling down on its role in the future of digital payments with the launch of its Stablecoins Advisory Practice.
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