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Mastercard Advances Stablecoin Use for Consumer Payments, Merchant Settlements

Fintech News

Mastercard has introduced new global capabilities to enable stablecoin transactions from wallets to checkouts, expanding its role in digital asset payments. The companys latest partnerships with OKX and Nuvei are part of a broader effort to create a seamless system where consumers can spend stablecoins and merchants can receive them.

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StraitsX Enables Stablecoin-Based Payments for Tourists at GrabPay Merchants

Fintech News

StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has partnered with Ant International and superapp Grab to launch a new blockchain-based cross-border payment system. The new system uses Purpose Bound Money (PBM), which specifies the conditions for using stablecoins, and the Avalanche blockchain.

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XWeave Secures US$3 Million Funding for Stablecoin Cross-Border Payments

Fintech News

XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-border settlement into their products. said Milind Sanghavi, Founder and CEO of XWeave.

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Ripple launches USD-denominated stablecoin with global partners and enhanced compliance

The Payments Association

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. RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments.

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Ozean Teams up With First Digital to Provide Stablecoin Solutions to Projects Tokenising RWAs

The Fintech Times

Ozean , a blockchain for Real-World Assets (RWA) yield launched by Clearpool , is joining forces with First Digital , a Hong Kong-based group offering global multi-asset custodial, trust, payments and stablecoin solutions, as part of WakeMaker, Ozean’s accelerator programme.

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Rain and Visa Partner to Accelerate Onchain Credit Cards

Fintech Finance

Rain , a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa. Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.

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Why More EU Companies Are Accepting Stablecoins Using CoinRemitter

CoinRemitter

The crypto payment adoption is growing rapidly across the European Union (EU), with stablecoins being widely used as a preferred cryptocurrency among businesses. The Rise of Stablecoins in Europe With the evolving global financial landscape, European businesses are aggressively turning to cryptocurrency payments for more efficiency.