The Fintech Times

JULY 15, 2024

In this article, Akshata Namjoshi, Kabir Kuma, and Ahlam Faouzi from KARM Legal Consultants , the emerging technologies-focused law firm, provide an in-depth analysis of the UAE’s regulatory landscape for stablecoins. Additionally, stablecoins are increasingly being explored for use in payments due to their stability and efficiency.

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Stablecoins Regulations Multi-Currency Issuers 96

The Fintech Times

FEBRUARY 12, 2024

The Cambridge Centre for Alternative Finance (CCAF) has launched a new tool providing real-time data and educational resources on digital money with an initial focus on stablecoins. The stablecoin market has surged from less than $3billion in 2019 to more than $130billion in 2024.

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Stablecoins Use Case Caps Research 64

Fintech News

SEPTEMBER 11, 2024

Initially, these will use fiat currencies, but Swift plans to eventually integrate tokenised forms of money such as central bank digital currencies (CBDCs) and stablecoins. This advancement could allow real-time exchanges of tokenised assets and payments on the Swift platform.

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SWIFT Multi-Currency CBDC Interoperability 145

The Paypers

JANUARY 5, 2021

The US Office of the Comptroller of the Currency has given the green light to national banks and federal savings institutions to use public blockchains and stablecoins for settlement.

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Payments Source

MARCH 29, 2021

said its payments network will use a stablecoin backed by the U.S. dollar to settle transactions, as blockchain technology gains more acceptance in the established financial system. ]].

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The Payments Association

NOVEMBER 18, 2024

At its core, De-Fi is characterised by its use of blockchain technology and smart contracts to facilitate financial transactions without needing intermediaries. Among the most prominent are stablecoins and the tokeni s ation of traditional financial instruments. As of June 2024, stablecoins accounted for 6.5%

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Stablecoins Distributed Ledger Technology (DLT) Digital Currency Caps 88

Finovate

NOVEMBER 7, 2024

Nium has partnered with Partior, a blockchain-based fintech for clearing and settlement. The move makes Nium the first payment service provider to join Partior’s blockchain-based network, enabling real-time cross-border payments, clearing, and settlement across 100+ markets.

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Real Time Payments Cross-Border Payments Payment APIs and Integration Cross-Border 52

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Bitcoin and other offerings have not yet evolved into real alternatives to sovereign monetary activities, but stablecoins present challenges. In a paper that debuted Tuesday (Nov.

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Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

Finovate

NOVEMBER 6, 2024

The Singapore-based fintech announced this week that it is planning to expand its crypto offerings in 2025 to include both a stablecoin and an exchange-traded fund (ETF) product. “Blockchain payment adoption is growing because it offers an easy way to send and receive payments on a global scale,” Pair said.

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Blockchain Cryptocurrency SWIFT Regulatory Compliance 64

CB Insights

SEPTEMBER 7, 2021

Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.

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Blockchain NFTs Distributed Ledger Technology (DLT) Multi-Currency 101

Payments Source

JANUARY 2, 2020

Stablecoins, with their instant settlement and high liquidity, averts the issues that have long plagued cross-border transactions.

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Stablecoins Cross-Border Settlement Transactions 81

PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. The new banking options are largely built around blockchain technologies.

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Fintech News

NOVEMBER 5, 2024

In parallel, Singapore remains an active participants in Project Nexus , an initiative spearheaded by the Bank for International Settlements (BIS) to enhance global payments network connectivity. 2024 also saw stablecoin adoption pick up pace, following regulatory updates in late 2023. of all fintech companies operating in the country.

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Continuity FinTech Cross-Border Payments Cross-Border 95

CB Insights

OCTOBER 29, 2020

This massive market, which includes a broad range of financial “plumbing” services, could be poised for a blockchain shake-up. But a growing number of companies want to employ distributed ledger technology (DLT) — which uses tech like blockchain to offer a simpler, streamlined way to verify transactions — to upend this status quo.

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Real Time Gross Settlement (RTGS) Blockchain Distributed Ledger Technology (DLT) Money Laundering 101

Fintech News

OCTOBER 23, 2024

Australia’s digital money work plan will kickstart with the public launch of Project Acacia, an initiative focusing on assessing the feasibility of new forms of digital money and settlement infrastructure to improve the efficiency, transparency and resilience of wholesale markets.

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The Paypers

SEPTEMBER 5, 2023

Visa has decided to expand its stablecoin settlement capabilities to the Solana blockchain and is engaging in partnerships with Nuvei and Worldpay.

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Cross-Border Payments Cross-Border Stablecoins Settlement 45

Fintech Finance

MARCH 27, 2024

From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people across Australia and the Philippines, all powered by stablecoins. Stables and its Founders have an unwavering belief in stablecoins to offer users speed, low-cost settlement, security and reliability for its users.

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Stablecoins FinTech Cross-Border Cross-Border Payments 52

CB Insights

NOVEMBER 5, 2020

Distributed ledger technology (DLT) — which uses tech like blockchain to verify transactions without the need for a centralized authority — is gaining traction as a way to revamp capital markets infrastructure by making it more streamlined, improving transparency, and reducing associated fees. Submit your application here before November 25.

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Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Blockchain Money Laundering 98

PYMNTS

JULY 6, 2018

MakerDAO, which has a stablecoin called Dai, said the token is being tested with the Tradeshift Cash solution, CoinDesk reported. With the effort, a small business could have the opportunity to change an invoice into the Dai stablecoin. The coin would be offered at a discount, and a crypto investor could purchase the token.

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The Fintech Times

OCTOBER 11, 2024

Bridging the worlds of fiat currencies and blockchain, Visa , the digital payments firm, has launched its new Visa Tokenized Asset Platform (VTAP). The new Visa product is designed to help financial institutions issue and manage fiat-backed tokens on blockchain networks.

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PYMNTS

SEPTEMBER 24, 2020

Between the Office of the Comptroller of the Currency clearing the way for financial institutions (FIs) to embrace stablecoin, and The Clearing House's latest real-time payments (RTP) push, new payment rails continue to gain traction. OCC Clears Banks For Stablecoin. Apifiny Finds Tester For Instant Settlement Network.

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The Paypers

SEPTEMBER 18, 2019

(The Paypers) Wells Fargo , US-based financial corporation, has been developing a US dollar-linked stablecoin that will run on the company’s first blockchain platform.

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Stablecoins Settlement Blockchain 28

The Fintech Times

MAY 16, 2024

” Blockchain driving growth Glendy Kam, chief product officer at Tassat Group The past year has been all about blockchain technology according to Glendy Kam , chief product officer at Tassat Group , a blockchain-based solution provider. “The biggest digital asset innovations in the past year have been twofold. .

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PYMNTS

OCTOBER 22, 2020

And the Solana blockchain has become an official chain for USDC, which continues the growth of USDC as an open standard and protocol for fiat cryptocurrency on blockchains, according to an announcement from Centre. USDC for Solana is currently available on the Solana Mainnet.

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Fintech News

NOVEMBER 12, 2024

To address these issues, countries part of the Association of Southeast Asian Nations (ASEAN) joined hand with the Bank for International Settlements (BIS) Innovation Hub to collaborate on Project Nexus. On asset tokenisation, Chia highlighted the introduction of a stablecoin regulatory framework.

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FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 73

CB Insights

MAY 3, 2021

Paxos , which offers regulated blockchain solutions, has raised a $300M Series D. New York-based Paxos is a blockchain infrastructure platform that provides cryptocurrency services, like crypto trading and settlement or custody, to enterprises. How’s the company performing? Want the full post?

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Office of the Comptroller of the Currency PayPal Blockchain OCC 37

Clearly Payments

AUGUST 24, 2024

According to the Bank for International Settlements (BIS), 114 central banks, representing over 95% of global GDP, were engaged in some form of CBDC research or development by the end of 2023. The adoption of blockchain technology has further revolutionized cross-border P2P transfers.

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CoinRemitter

JULY 9, 2024

From efforts to boost oversight of stablecoin arrangements, to focus on the DeFi space, 2024 promises to be a year of crypto regulatory developments. Stablecoins will take Center Stage Stablecoins are gaining traction among financial institutions worldwide, attracting the attention of regulators also in 2024.

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Fintech News

JANUARY 24, 2024

Digital Treasures Center (DTC) is an enterprise solutions provider offering merchants online services for accepting digital payment solutions, including payment settlement, debit cards, digital wallets, and cryptocurrencies. Paxos is a New York-headquartered financial institution and technology company specialising in blockchain technology.

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Service Provider Cryptocurrency Payments Institute Stablecoins 98

Fintech News

DECEMBER 11, 2023

The first being the indirect model, where commercial banks manage CBDC wallets and settlements directly on the UDPN, while the central bank handles wholesale settlement between commercial banks and keeps all transaction records. The PoC explored two models. Globally, over 130 countries are exploring, developing, or have launched CBDCs.

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CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 97

PYMNTS

JULY 11, 2019

There has been, seemingly, a parade of announcements geared toward bringing B2B payments into the digital age, bringing about the end of paper, speeding the time for settlement of transactions and making payments across borders cheaper and more transparent. The settlement timeframe of a single day means, too, that there is no chargeback risk.

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Fintech Review

NOVEMBER 13, 2024

The report discusses how TradFi institutions could leverage DeFi innovations in areas like automated liquidity provision, smart contract-driven settlements, and tokenized real-world assets. About IntoTheBlock IntoTheBlock is a Miami-based blockchain analytics company specializing in on-chain data and DeFi analytics.

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Risk Management Risk Stablecoins Compliance 52

PYMNTS

AUGUST 3, 2020

’ ongoing development of a faster payments ecosystem has created space for digital assets and blockchain to play an increasingly important role in the landscape. Morgan’s initiatives in cryptocurrency and stablecoin technology have ramped up in recent months, for instance. ” Coexisting Systems.

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Real Time Payments Office of the Comptroller of the Currency Settlement Treasury 117

PYMNTS

NOVEMBER 7, 2019

The Financial Stability Board, which is basically the G20’s financial regulatory arm, concluded last year that, although blockchain ‘currencies’ such as Bitcoin were problematic from an investor protection angle, they did not yet pose any significant financial stability risks,” he said.

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The Fintech Times

OCTOBER 12, 2024

” Integrating blockchain and digital assets Tom Kiddle, co-founder of Palisade Some challenger banks are exploring blockchain and Web3 technology to cater to the growing demand for digital assets. “Many are also investing in innovative technologies like AI and blockchain to differentiate themselves from traditional banks.

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PYMNTS

FEBRUARY 15, 2019

He said he regretted calling bitcoin a fraud, and that the blockchain was a genuinely interesting technology with potential. However Dimon feels about bitcoin these days, JPMC apparently isn’t feeling quite as dimly about the future of blockchain and crypto as its CEO once did. Yesterday (Feb. 14), it became the first major U.S.

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PYMNTS

MARCH 19, 2019

The company had been planning to sell its flagship eCommerce business by the end of February, using the funds from the sale towards its blockchain projects. We have received interest on the heels of JPM Coin,” Jesse Lund, IBM’s vice president of blockchain, said in a phone interview, according to Bloomberg.

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