Lloyds and Visa Settle $750,000 Using USDC in Cross-Border Pilot
Lloyds Banking Group and Visa have completed a live trial using USDC to handle cross-border payments, with funds moving between institutions in under an hour even on weekends
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Latest updates, press releases, and insights from the volatile world of digital assets.
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MoonPay Opens Seoul Hub With Major Korean Banks for Won Stablecoin Expansion
Payments firm launches Korean subsidiary on Sept. 29 to support regulated KRW stablecoins, faster remittances and cross-border settlements across Asia-Pacific
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Binance Pay Opens USDT Spending at PayPay Merchants Across Japan for Overseas Visitors
Eligible travelers can now pay with USDT and other digital assets at millions of PayPay locations starting September 30, with merchants settling in yen via the HIVEX network
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Oracle Connects Banks to SWIFT Blockchain Ledger for Tokenized Payments
Oracle has integrated its Blockchain Platform with SWIFT’s shared ledger, allowing financial institutions to link existing payment systems and tokenized deposits to cross-border flows while retaining full control over their infrastructure
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Strategy Adds 1,665 Bitcoin for $142.7 Million, Setting New Holdings Record at 847,666 BTC
The firm funded the latest purchase and preferred stock buybacks through common share sales, pushing its treasury past prior peaks
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Citi and Coinbase Form Partnership to Let Corporate Clients Accept Stablecoin Payments
Citi and Coinbase have partnered to give institutional clients the ability to receive stablecoin payments through the bank’s existing merchant services, with automatic conversion to fiat handled by Citi and blockchain technology supplied by Coinbase
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RedotPay Completes Pre-IPO Audit and Targets $5 Billion Valuation
Stablecoin payments firm RedotPay has finalized a required financial audit and confirmed its ongoing preparations for a U.S. listing, while seeking a valuation above $5 billion
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Binance Wallet Lets Users Pay Gas Fees in USDT Across Four Networks
Users can now settle blockchain transaction costs with the popular stablecoin on BNB Smart Chain, Ethereum, Solana and Tron, easing a long-standing barrier for on-chain activity
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Circle Foundation Grants Back UN Stablecoin Trials for Faster Aid Delivery
Two United Nations agencies will test regulated payment stablecoins to cut costs and speed fund transfers in development and humanitarian work
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Whitehat Secures 3,832 NFTs After Suspected Magic Eden Protocol Flaw
A protective transfer of thousands of NFTs from hundreds of wallets followed discovery of a vulnerability in an older trading protocol once used by the marketplace
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