Stablecoin stories
Stablecoin-led demand is helping some markets hold up, even as retail speculation has driven a near 40% drop in crypto app usage worldwide.
Users can earn a USDT coupon while waiting for tokenised US stocks to reach a chosen entry price, but could end up with rTokens instead.
Visa's stablecoin push highlights a payments split that could keep card networks central even as digital tokens gain ground in settlements.
Businesses using Thunes can now prefund euro transfers around the clock with EURC, easing treasury management when banks are closed.
The platform aims to cut costs and complexity for banks, fintechs and merchants moving funds across borders in fiat and stablecoins.
Backers including SC Ventures and Sony Innovation Fund are betting USD $40 million will help widen access to dollar-based payments in emerging markets.
The service lets remittance recipients hold dollar value in 37 markets, helping protect balances from local currency swings before spending via Visa.
Institutional investors may gain faster settlement and better collateral use as Ripple expands its XRP Ledger push beyond payments into fund infrastructure.
The pilot could speed cross-border settlements by letting banks move funds seven days a week, including weekends and public holidays.
Institutional clients in more than 100 countries can now trade an Australian dollar stablecoin as Macropod broadens AUDM beyond retail venues.
Travellers buying mobile data abroad can now check out with stablecoins, as Eskimo widens payment choices for its eSIM plans.
South Korean businesses could see faster overseas payments as Jeonbuk Bank adopts Ripple Payments, cutting delays and fees on remittances.
The pilot will test whether Korean won fund interests can be distributed overseas without breaching local rules or investor controls.
The trial points to a way foreign visitors could pay Korean merchants with USDC while shops still settle in won, easing cross-border spending.
Merchants can now take automated purchases and USDT, as Coinbase widens its business payments tools to more than 5,000 companies.
The hire is designed to strengthen Coinme's licensing and anti-money laundering controls as it expands regulated money movement beyond the US.
Smaller exporters could gain faster cashflow if the test proves digital pounds and stablecoins can settle trade finance in one flow.
Faster transfers are exposing a gap in Europe's payments systems, where firms still struggle to link money movement with data, controls and accountability.
Users in more than 100 countries can now spend USDT or USDC through a virtual Visa card as Cashi begins its public beta.
AI developers can now hook autonomous software into stablecoin rails, as OSL aims to solve settlement for machine-to-machine payments.
