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.”

Stablecoins 80

Stablecoins Multi-Currency Risk Mitigation Risk Assessment 80

Fintech Finance

JUNE 13, 2024

BVNK , the stablecoin payments provider, announced today that it has enabled Swift payments on its platform, so businesses can move easily between US dollars, Euros and stablecoins like USDT, USDC and PYUSD. With the increasing demand for fast and convenient transactions, settlement from our PSPs in stablecoins has become essential.

Stablecoins 74

Stablecoins SWIFT Settlement Digital Currency 74

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.

Stablecoins 93

Stablecoins Cross-Border Cross-Border Payments Blockchain 93

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.

Stablecoins 96

Stablecoins Regulations Multi-Currency Issuers 96

Fintech News

MARCH 18, 2024

The five supported digital currencies at this stage include Bitcoin (BTC), Ether (ETH) as well as stablecoins such as StraitsX Singapore Dollar (XSGD), Tether (USDT), and USD Coin (USDC). experiences among its users in Singapore.

Stablecoins 102

Stablecoins Digital Currency Non-Bank Blockchain 102

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.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Stablecoins Financial Inclusion 52

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.

Stablecoins 64

Stablecoins Use Case Caps Research 64

Fintech News

OCTOBER 7, 2024

XSGD is a stablecoin pegged to the Singapore dollar, issued by StraitsX. This listing increases the accessibility of XSGD for international transactions, potentially leading to faster settlement times and lower costs for users. The post StraitsX’s XSGD Expands Reach with Bitstamp Listing appeared first on Fintech Singapore.

Cross-Border Payments 93

Cross-Border Payments Stablecoins Cross-Border APACS 93

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.

Stablecoins 45

Stablecoins Cryptocurrency Payment Gateways Payments 45

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.

Stablecoins 92

Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

Payments Source

JANUARY 2, 2020

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

Stablecoins 81

Stablecoins Cross-Border Settlement Transactions 81

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. ]].

Settlement 88

Settlement Stablecoins Payment Networks Blockchain 88

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. In addition to the usual benefits that come with crypto payouts, ERC-20 stablecoins like USDC, EUROC, USDP and GUSD provide the stability of being backed by reserves and pegged 1:1 to traditional fiat.

Stablecoins 52

Stablecoins Cryptocurrency Payroll Cross-Border Payments 52

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.

Stablecoins 52

Stablecoins Cross-Border Cross-Border Payments Payroll 52

The Paypers

JULY 11, 2022

Luxembourg-based Banking Circle has added USDC stablecoins to its payment rails for payment acceptance, processing, and settlement, moving into the virtual assets market.

Stablecoins 56

Stablecoins Settlement Payments Process 56

Fintech News

NOVEMBER 6, 2024

On asset tokenisation, Chia detailed MAS’ three-layer approach, focusing on token standards, high-quality settlement assets like stablecoins, and interoperable infrastructure. MAS has also introduced a stablecoin regulatory framework and partnered with global banks to overcome barriers to scaling.

FinTech 90

FinTech Interoperability Cross-Border Payments Stablecoins 90

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.

Office of the Comptroller of the Currency 41

Office of the Comptroller of the Currency Stablecoins Settlement Blockchain 41

The Paypers

SEPTEMBER 14, 2023

Open Banking payment provider Noda has chosen B2B payments platform BVNK to bring stablecoin settlements to the former’s customers across the UK and Europe.

Stablecoins 41

Stablecoins Settlement B2B Payments 41

The Paypers

FEBRUARY 2, 2022

Solana has unveiled a set of decentralised payment standards and protocols via its new product Solana Pay, to simplify the acceptance and settlement of dollar-pegged stablecoins.

Stablecoins 57

Stablecoins Payment Solutions Settlement Payments 57

The Payments Association

OCTOBER 31, 2023

The UK government has taken a significant step towards clarifying its stance on the regulation of cryptoassets, digital settlement asset firms, and fiat-backed stablecoins by publishing key documents outlining their responses to recent consultations. Read more

Consulting 88

Consulting Governance Government Regulations 88

The Payments Association

NOVEMBER 18, 2024

Understanding use cases: From stablecoins to tokenisation While De-Fi discussions often focus on theoretical concepts, several tangible use cases illustrate its practical applications in the payments industry. Among the most prominent are stablecoins and the tokeni s ation of traditional financial instruments. billion in May 2022.

Stablecoins 88

Stablecoins Distributed Ledger Technology (DLT) Digital Currency Caps 88

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. A key focus of these developments is testing multi-ledger Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) transactions.

SWIFT 145

SWIFT Multi-Currency CBDC Interoperability 145

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.

Settlement 61

Settlement Stablecoins OCC Cryptocurrency 61

Fintech News

NOVEMBER 10, 2024

The company plans to offer spot trading for stablecoins and major digital tokens, backed by comprehensive on/off ramping services, 24/7 support, and same-day settlements through local banking partners.

Regulations 71

Regulations Payment APIs and Integration Settlement Stablecoins 71

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.”

Consumer Protection 69

Consumer Protection Stablecoins Payments Trends Consumer 69

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.

Central Bank 104

Central Bank CBDC Settlement Treasury 104

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.

Office of the Comptroller of the Currency 68

Office of the Comptroller of the Currency Stablecoins Fraud Prevention OCC 68

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.

Stablecoins 50

Stablecoins Central Bank Federal Reserve Cryptocurrency 50

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.

Real Time Payments 52

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

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.

Stablecoins 52

Stablecoins FinTech Cross-Border Cross-Border Payments 52

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.

Continuity 94

Continuity FinTech Cross-Border Payments Cross-Border 94

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.

Stablecoins 53

Stablecoins Small Business Blockchain Digital Currency 53

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.

Stablecoins 28

Stablecoins Settlement Blockchain 28

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.

CBDC 96

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 96

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.

Cross-Border Payments 45

Cross-Border Payments Cross-Border Stablecoins Settlement 45

Fintech News

DECEMBER 4, 2023

Bitcoin and stablecoin volumes outpaced both Mastercard and Paypal last year. All while leveraging crypto payment tech benefits that eliminate merchant pain points like chargebacks, unauthorised payments, unexpected fees and slow settlements.” We’ve removed the obstacles for businesses to quickly get started.

Digital Currency 92

Digital Currency Cryptocurrency Stablecoins Bitcoin 92

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.

Office of the Comptroller of the Currency 75

Office of the Comptroller of the Currency B2B OCC RTP 75