Stablecoin stories
The hire is designed to strengthen Coinme's licensing and anti-money laundering controls as it expands regulated money movement beyond the US.
Select banks and fintechs can now test stablecoin transfers in a Visa-managed environment built for treasury and settlement work.
The approval puts Circle's custody business under federal oversight and could later support reserve management for its USDC stablecoin.
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 connector should help finance teams reconcile stablecoin transfers and AI-driven payments as blockchain settlement strains older back-office systems.
Growing demand in Asia and other emerging markets has driven OwlPay Harbor's business payments above USD $600 million by June.
Institutions using Fireblocks can now tap OpenPayd's sterling and euro rails without extra integration, widening access to stablecoin payment flows.
Users could soon spend digital dollar balances at shops as the firms seek to make stablecoins usable on existing card networks.
The new capital will fund Flex's overseas expansion after annualised revenue tripled and its valuation more than doubled to USD $1.2 billion.
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.
Australia-based users can now spend USDG balances on Mastercard's network without a physical card, via Apple Pay or Google Pay.
Cross-border transfers and everyday checkout payments could become quicker and cheaper if digital records of assets are widely adopted.
The London-based startup will use the new capital to expand banking and payments links as firms test stablecoins for faster settlement.
Finance teams in the UK and US can now manage stablecoin transfers inside existing cash and payment workflows, with near real-time settlement in some cases.