Mastercard and BVNK have announced the launch of the Mastercard Global Money Platform. A unified infrastructure combines Mastercard’s global payments capabilities with BVNK’s stablecoin technology through a single API.
More than 5,000 attendees, 150+ exhibitors and 120+ speakers came together at the Hong Kong Convention and Exhibition Centre, turning two days of industry discussions into new opportunities across trading, fintech and financial services.
The European Banking Authority (EBA) has classified the USDC stablecoin as the first significant e-money token (EMT) in the European Union under the Markets in Crypto-Assets Regulation (MiCA).
Rain, a global stablecoin payments platform, has introduced its own embedded wallets. Partners can now offer them to users directly inside their apps.
The Monetary Authority of Singapore (MAS) has completed two pilot issuances of tokenized bills, settled using wholesale central bank digital currency (wCBDC).
Samsung has announced a major update to its Samsung Wallet app.
Standard Chartered has launched custody services for Ripple’s RLUSD stablecoin on the XRP Ledger (XRPL).
Polygon Open Money Stack now supports world’s largest network for USDT (TRC-20)
Arbitrum holds roughly $4 billion in stablecoins. Until now, the network has not shared in the economics of that money. But a new partnership with the stablecoin network behind USDG changes that.
Fipto is adding a new layer to its stablecoin treasury offering that could make idle payment balances more useful for businesses. The company is partnering with investment firm Spiko to let corporate treasurers invest unused EUR, EURC and USDC balances without first moving the money to a separate bank or asset manager.
Visa says payments on stablecoin-linked cards have nearly tripled in a span of one year. A growing share of that activity now comes from business users.
L2 blockchain network Morph has joined the Mastercard Crypto Partner Program. The blockchain company looks to simplify stablecoin payments for Web3 businesses, agencies and creators working with clients across borders.
The race to win stablecoins is aimed at consumers. The customer that matters most is a machine. By Gracy Chen, CEO of Bitget
Kakao Pay and Kakao Bank have signed a memorandum of understanding (MOU) with digital asset infrastructure provider Fireblocks to explore opportunities for digital assets, mainly stablecoins, in South Korea.
Circle has launched Layer 1 blockchain Arc for stablecoin payments and other financial transactions. More than hundred institutions are already testing the new network.
UK stablecoin infrastructure startup Velocity has raised $10 million in an extension of its Series A funding round, bringing the total value of the round to $48 million.
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