Digital currency stories

Banks and multinationals trial tokens to slash cross-border settlement times, as clearer rules and backing bolster wider business use.

Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.

Linux Foundation takes control of Coinbase's x402 protocol as Amazon, Visa and Mastercard back open payments standard for AI-driven web transactions.

Nium unveils a stablecoin card issuance platform that lets businesses spend digital dollar balances via Visa and Mastercard through one API.

Deloitte Canada and Stablecorp team up on QCAD stablecoin infrastructure for banks as Canada readies a clearer rulebook on digital payments.

PayPal widens access to its PYUSD stablecoin, rolling it out to accounts in 70 markets to speed up and cut the cost of cross-border payments.

Mastercard to acquire stablecoin platform BVNK in a deal worth up to USD $1.8 billion, deepening its push into on-chain payments.

Finteum hits USD $1bn in weekly intraday FX swaps as Goldman Sachs joins its liquidity platform and NatWest Group, UBS ramp up trading.

Experts say the Stablecoin Act may be the right chance for Canada to catch up in the evolution of Web3 infrastructure.

Visa partners with Nium to pilot stablecoin settlement, enabling near-real-time cross-border payments and reducing traditional delays and costs.

Mastercard partners with Thunes to enable near-instant payouts to stablecoin wallets via Mastercard Move, enhancing global digital payment options.

By 2026, AI agents will streamline one-third of B2B payments, while stablecoins and biometrics reshape global payment security and standards.

Equals Money x Railsr teams up with BVNK to enable businesses to accept USDC stablecoin payments, settled in USD within 30 seconds, simplifying crypto transactions.

Loon will develop a Canadian-dollar stablecoin to offer a domestic alternative to US-dollar stablecoins dominating Canada's digital market.

Political leaders remain unaware and sceptical amid calls for clearer regulation and support as stablecoin rises amongst Canadian investors.

Cloudflare launches NET Dollar, a US dollar-backed stablecoin, to enable fast, secure payments for AI-driven services on the emerging agentic web.

RYT will host a TOKEN2049 event in Singapore, highlighting blockchain's shift from pilot projects to core national systems like digital ID and payments.

While global banking leaders embrace stablecoins for innovation, Canada remains cautious, delaying adoption amidst evolving digital currency trends.

Akamai unveiled a tool that disrupts cryptominer botnets, slashing malicious operators' earnings by USD $38,000 through innovative bad share tactics.

The Orlando Magic and SAS are revolutionising fandom by using data and AI to personalise experiences, boost ticket sales, and deepen fan engagement.