Fintech News

JUNE 19, 2024

Stablecoins have been rising in conversation within the financial ecosystem of Singapore. As the name implies, stablecoins are digital assets designed to maintain a stable value relative to a reference asset, such as the US Dollar or gold.

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The Fintech Times

APRIL 4, 2025

As a result, the USD-denominated stablecoin is now being integrated into Ripple ‘s flagship payments solution, Ripple Payments, as the digital asset infrastructure provider looks to drive RLUSD’s utility and demand. Access liquidity for remittance and treasury operations.

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The Payments Association

MARCH 19, 2025

Notably, the rise of cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) are transforming the digital payments landscape. These innovations offer businesses and consumers a way to move money faster, cheaper, and more securely.

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The Payments Association

JANUARY 21, 2025

Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions. and Brazil.

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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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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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Tearsheet

FEBRUARY 27, 2025

Several years ago, we began testing cryptocurrency transfers to better understand the technology as it relates to payments and immediately saw the value it could provide, says May Zabaneh, VP of Product at PayPal. By 2024, its stablecoin PYUSD initially launched on Ethereum expanded to Solana for faster, lower-cost transactions.

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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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Finovate

NOVEMBER 6, 2024

The partnership will enable users of Ingenico’s platform globally to accept payments in cryptocurrency. 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.

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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 Fintech Times

AUGUST 28, 2024

the tech-driven payments bank, has launched its bank-backed stablecoin, EURI. The EURI stablecoin is the first MiCA-regulated digital asset that is issued and backed by a bank in the EU. Furthermore, it will enable us to launch stablecoins and tokenised money in the future, providing more choice and optionality for the market.”

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Finovate

DECEMBER 11, 2024

Stablecoins This technically fits into the crypto category, but it deserves a highlight all on its own because of the potential. Stablecoins are a type of cryptocurrency pegged to a fiat currency or a commodity, such as gold. Also, stay informed about regulatory changes, as they are sure to change as crypto continues to evolve.

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PYMNTS

JUNE 30, 2020

Charles Cascarilla, CEO and co-founder of stablecoin company Paxos, said stablecoins and digital central-bank currencies are “critical” for financial infrastructure. But the rise of Facebook’s Libra cryptocurrency and other stablecoins have shown some concerns over risks to the financial system’s stability.

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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

DECEMBER 4, 2023

Australian cryptocurrency exchange Independent Reserve has forged a new partnership with RelayPay, a digital currency payments platform. This collaboration aims to facilitate cryptocurrency transactions for Independent Reserve’s business clients in Australia and New Zealand.

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PYMNTS

FEBRUARY 28, 2020

The BoE has warned about Facebook’s proposed cryptocurrency Libra , as well as other digital coins, and how they must be carefully considered before being approved. Many central banks around the globe are wrestling with the implications of digital currencies and how they will affect a country’s financial health.

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PYMNTS

SEPTEMBER 21, 2020

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep “reserves” for clients who are issuers of stablecoins in some cases, according to a Monday (Sept. 21) press release. Acting Comptroller of the Currency Brian P.

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PYMNTS

SEPTEMBER 16, 2019

Global central bank officials met with leaders from both Facebook’s Libra Association and JPMorgan to discuss policies and regulation around new cryptocurrencies, the Bank for International Settlements (BIS) said in a press release on Monday (Sept. The BIS is an umbrella organization for the world’s largest central banks.

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Fintech Finance

MARCH 26, 2025

Along with this announcement, Juno is launching MXNB token on Arbitrum, a stablecoin pegged to the value of the Mexican peso, which is fully fiat-backed on a one-to-one basis against reserves.

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BitPay

APRIL 25, 2023

We’re excited to announce that BitPay now supports Etheruem and ERC-20 Stablecoin payments for our payroll and payouts solution, BitPay Send. Additionally, organizations may still pay out in non-Ethereum cryptocurrencies like Bitcoin (BTC), Litecoin (LTC), Dogecoin (DOGE) and Bitcoin Cash (BCH). It is that easy.

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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. Digital cash, whether in the form of cryptocurrencies or central bank digital currencies (CBDCs) , promises to redefine the future of money.

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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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BitPay

APRIL 25, 2023

Stablecoins help bridge the gap between fiat currency and crypto. Ahead we’ll take a closer look at what makes stablecoins a leading option for cross-border crypto payments. Ahead we’ll take a closer look at what makes stablecoins a leading option for cross-border crypto payments. These reserves, typically held in U.S.

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Fintech News

JANUARY 21, 2025

With reduced transaction costs and faster settlement times, these currencies have the potential to revolutionise international commerce. Stablecoins Gain Traction in Singapore Stablecoins across Asia are gradually reducing their dependence on the U.S. Paxos adds further momentum to stablecoin adoption.

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CB Insights

SEPTEMBER 7, 2021

For example, online exchanges are making cryptocurrency trading and investing more accessible to consumers. For example, Paxos (over $500M in total funding) offers a crypto asset custodial service, brokerage, exchange, and equities settlement for institutions. Helium Systems developed the People’s Network and the HNT cryptocurrency.

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Fintech Review

OCTOBER 7, 2024

Unlocking Global Cross-Border Payment Flows Stablecoins like XSGD are rapidly emerging as the preferred solution for on-chain cross-border payments, providing a secure and efficient alternative to traditional financial systems. XSGD will be available via Bitstamp globally, except in US and EU countries.

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CB Insights

OCTOBER 29, 2020

Pioneers in this space aim to create streamlined and more transparent capital markets infrastructure by developing services like asset tokenization (using DLT to prove ownership of securities), settlement services, compliance solutions, and more. One such company is Paxos, which offers custody, payment, and clearing & settlement services.

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CoinRemitter

JANUARY 17, 2024

There are about 9000 cryptocurrencies in the world, and over 150 of them are stablecoins, which acquire 0.08% of the cryptocurrency market. This number clearly shows the potential of stablecoins. Whenever we discuss stablecoins, we all think about USDT. But stablecoins aren’t just about Tether.

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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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PYMNTS

AUGUST 3, 2020

Morgan’s initiatives in cryptocurrency and stablecoin technology have ramped up in recent months, for instance. One of the biggest disruptions of the payments ecosystem as a result of the growing traction of digital assets and the ubiquity of real-time settlement will be felt by corporate treasurers, Long predicted.

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Fintech News

JANUARY 24, 2024

On January 14, 2019, the Singapore Parliament passed its comprehensive Payment Services Act (PS Act), replacing the former Payment Systems Oversight Act and Money-Changing and Remittance Businesses Act to broaden the scope of regulated payment activities to include emerging trends and industries like digital assets and cryptocurrencies.

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The Fintech Times

FEBRUARY 27, 2024

For businesses, A2A payments promise higher conversion rates, reduced transaction costs, and real-time settlement. Looking at stablecoins and CBDCs, he says: “The next big trends in payments will be the growing, global use of USDT, USDC, and other stablecoins. Payment choice is driving innovation and efficiencies.”

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PYMNTS

FEBRUARY 15, 2019

Named the JPM Coin, the blockchain-based cryptocurrency is designed to enable “the instantaneous transfer of payments between institutional accounts,” according to the company’s blog post. dollars, reducing the typical settlement time,” the blog explained. The JPM Coin, as mentioned, is not the only stablecoin on the market.

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CB Insights

NOVEMBER 5, 2020

Payments: This category includes companies working on tech like payment currencies, stablecoins (cryptocurrency pegged to the value of a non-volatile asset like the dollar), and real-time gross settlement (RTGS) systems that can enable transactions within a DLT-based capital markets framework.

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

CB Insights

JANUARY 25, 2019

We’ve seen stories on everything from price volatility surrounding cryptocurrencies to increased adoption of blockchain tech by some of the world’s largest corporations. Fiat-crypto” exchanges allow investors to trade fiat currencies like the US dollar or Euro for cryptocurrencies. Stablecoins. Fiat-crypto exchanges.

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PYMNTS

OCTOBER 9, 2020

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . Central banks started aggressively stepping up plans for an electronic currency after Facebook announced plans in 2019 for the stablecoin libra.

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PYMNTS

MAY 22, 2020

The OMFIF seeks to create connections between the traditional banking and cryptocurrency spaces. The group, which has been releasing detailed central bank digital currencies (CBDC) and cryptocurrency reports as of 2018, is geared toward CBDCs and retail and wholesale payments. .

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