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Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-border payments using regulated stablecoins. The post Circle Launches Stablecoin Payments Network for Cross-Border Settlements appeared first on Fintech Singapore.
Ripple, a provider of enterprise blockchain and crypto solutions, has launched its stablecoin, Ripple USD (RLUSD) , on global exchanges today. Brad Garlinghouse Early on, Ripple made a deliberate choice to launch our stablecoin under the NYDFS limited purpose trust company charter, widely regarded as the premier regulatory standard worldwide.
Our new partnership with Bloxcross makes this possible, unlocking instant, compliant access between fiat currencies and fully backed stablecoins. The Missing Link for Stablecoin Adoption Stablecoinslike Aryzes Branded Stablecoins (SaaS)offer a powerful foundation for faster, more transparent payments.
Circle Internet Group and world’s largest crypto exchange Binance have formed a strategic partnership to expand the use of USDC, a stablecoin pegged to the US dollar. The crypto exchange will also hold USDC as a significant asset in its corporate treasury. said Richard Teng, CEO of Binance.
Ripple announced it has added its US dollar-backed stablecoin, RLUSD, to its Ripple Payments platform to support enterprise cross-border transactions using the digital asset. Ripple said the stablecoin is aimed at improving the speed and reducing the cost of international payments processed through its network.
RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system. Access liquidity for remittance and treasury operations. “As the U.S.
In 2025, payments firms must prioritise compliance, open banking expansion, and stablecoin readiness to navigate regulatory shifts and drive growth. In 2025, three priorities stand out: safeguarding customer funds, expanding open banking, and preparing for stablecoin regulation.
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.
This collaboration aims to streamline the adoption of PYUSD, a USD-backed stablecoin issued by Paxos under PayPal’s banner. PYUSD is characterised as an open, programmable stablecoin, backed by dollar deposits, US treasuries, and cash equivalents.
PayPal USD (PYUSD), PayPal ‘s USD stablecoin, will now be available on the Solana blockchain. Reserves for PayPal USD are fully backed by US dollar deposits, US Treasuries and similar cash equivalents. The post PayPal Stablecoin (PYUSD) Made Available on Solana Blockchain appeared first on The Fintech Times.
The solution is supported by Thunes’ SmartX Treasury System, which provides real-time visibility into fund locations and enhances liquidity management. It also offers stablecoin USDC funding capabilities, enabling businesses to move funds in real time, around the clock.
Juicyway addresses this need by leveraging stablecoin technology to enable fast, affordable global money transfers with 24/7 execution and settlement. Stablecoin technology and our network model make this vision achievable by enabling fast and efficient money movement.
Cryptocurrency platform startup Circle has overhauled its network to advance mainstream trading, while its stablecoin USDC has surpassed three billion in circulation, growing by nearly 500 percent in 2020. “At He said the public blockchain will take digital dollar stablecoins mainstream.
BVNK , global stablecoin payment provider, announces the launch of a new product, Layer1. This self-hosted, self-custody digital asset infrastructure helps businesses launch stablecoin payments quickly and securely, while keeping full control and privacy over their digital assets.
As the first tokenized RWA integrated into the MTN, Ondo’s Short-Term US Government Treasuries Fund (OUSG) will allow participating businesses to earn daily yield via tokenized assets with 24/7 subscriptions and redemptions, without the need for stablecoins onramps or settlement windows.
Dubai, United Arab Emirates, March 6th, 2025, Chainwire Bybit , the worlds second-largest cryptocurrency exchange by trading volume, becomes the first platform to include USDtb , a blockchain-based USD stablecoin created and managed by Ethena Labs, on its Spot exchange. Treasury Bills, and other short-term U.S. government obligations.
This phase is crucial for ensuring that the stablecoin meets the highest standards of security, efficiency, and reliability before it becomes widely available and after receiving regulatory approval. Ripple appreciates your patience and enthusiasm as it works towards making RLUSD a robust and reliable stablecoin for everyone.
Amid rising fraud, emerging technologies like embedded finance, AI, and stablecoins, and intensifying global competition, the Financial Conduct Authority (FCA) faces mounting pressure to recalibrate its approach to regulationor risk holding back the very sector it aims to protect.
This first-of-its-kind integration enables businesses to adopt Bitcoin and stablecoins with full compliance, aligning with the SAB 121 repeal and stablecoin expansion on Lightning. At the same time, stablecoins are now live on the Lightning Network.
The UK has the opportunity to build a leading global centre for digital assets and digital money, developing the best regulatory regime in the world for stablecoin innovation and adoption and making the UK the go-to market for stablecoins.
Yellow Card , Africa’s leading stablecoin on/off ramp, has announced that it is integrating digital asset infrastructure provider Fireblocks to improve cross-border transactions for both businesses and individuals.
RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with both crypto and traditional finance. Access liquidity for remittance and treasury operations. Seamlessly integrate with decentralised finance (DeFi) protocols.
Vilnius, Lithuania, March 5th, 2025, FinanceWire Deus X Pay , a regulated stablecoin payment provider, announced the launch of NeXus , enabling instantaneous transfers at zero cost across the Deus X Pay ecosystem. With this innovative solution, businesses can enhance their financial operations and treasury management.
This collaboration will see Standard Chartered providing essential services such as cash management, trading and custody, aimed at bolstering the infrastructure that supports these stablecoins. The post Paxos and Standard Chartered Form Strategic Alliance to Manage Stablecoin Reserves appeared first on The Fintech Times.
Deus X Pay , a regulated stablecoin payment provider, announced the launch of NeXus , enabling instantaneous transfers at zero cost across the Deus X Pay ecosystem. With this innovative solution, businesses can enhance their financial operations and treasury management.
Bitcoin for Corporations: An Organization Dedicated to Advancing Institutional Adoption Bitcoin for Corporations serves as a key organization for businesses seeking to incorporate Bitcoin into their balance sheets and treasury strategies. billion as of March 2025. billion as of March 2025. million as of March 2025. million as of March 2025.
This move will enable clients to accept PYUSD as a payment method and facilitate cross-border transactions using the stablecoin. PYUSD, a US dollar-denominated stablecoin, is fully backed by US dollar deposits, US treasuries, and similar cash equivalents.
By collaborating with Rain, BitGo, and Visa, Nuvei delivers a seamless and secure blockchain payment experience that empowers LATAM merchants to use their physical or virtual card supported by Visa to make payments using stablecoins from a digital asset wallet anywhere Visa is accepted.
The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. Ehrlich said stablecoins, including the U.S. This in the wake of the OCC’s Sept.
Ripple , the provider of enterprise blockchain and crypto solutions, plans to launch a stablecoin, pegged 1:1 to the US dollar (USD). Ripple’s stablecoin will be 100 per cent backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. The Ripple stablecoin will be issued on the XRP Ledger.
Treasury bills. Crypto / DeFi Nigeria-based, cross-border stablecoin company Juicyway locks in $3 million in pre-seed funding. Jiko raises $29 million in Series C funding to power its platform that gives investors access to U.S. B2B wealthtech platform Allfunds unveils its AI-powered navigation assistant, ANA.
” To stablecoin… or not to stablecoin “From our vantage point, it feels like every week or so, we get inquiries asking if we want to use stablecoins to power our remittance business,” said El Saadi. However, there’s still a cloud of uncertainty around the use of stablecoins.”
The Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) jointly issued today (17 July) the consultation conclusions on the legislative proposal to implement a regulatory regime for fiat-referenced stablecoin (FRS) issuers in Hong Kong.
As innovation continues in the virtual asset space, regulatory authorities in Hong Kong have proposed new regulatory rules for stablecoin issuers. Under the proposed regime, issuers would require a license from the HKMA to issue stablecoins that reference the value of one or more fiat currencies in Hong Kong.
Stablecoin payments provider MANSA has secured $10 million in funding. Stablecoin-based payments solutions company MANSA has raised $10 million to help payment companies alleviate global liquidity challenges. MANSA will use the funds to expand into Latin America and Southeast Asia.
He joins Moneyhub from Broadridge, where as general manager he was responsible for strategy, execution and leadership across a multi-disciplinary team serving financial services firms and corporate treasury operations. Samantha Seaton stepped down as CEO in December with Anne de Kerckhove stepping in as executive chair during the transition.
These events will be designed to foster dialogue with the industry and academia on CBDC matters, helping the RBA and the Department of the Treasury better understand the different monetary policy issues related to digital money, he said.
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA), are set to finalise plans for a new licensing regime for fiat-referenced stablecoins (FRS), to combat associated financial stability risks.
The proposed regulatory framework would create substantive obligations on issuers of fiat-referencing stablecoins to safeguard the public. The HKMA followed with its own press release announcing a future sandbox arrangement for stablecoin issuers.
This is where a stablecoin can step in. Stablecoins are digital assets pegged to another asset – often government-issued fiat money. As such, stablecoins have the capability of utilising crypto payment avenues (which are often quick and have less fees) without running the risk of a volatile value.
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