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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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The Stablecoin Revolution in Remittances

Finextra

Fast settlement: Typical wire transfers take 3–5 days; stablecoins settle in minutes or less. FX Stability Pegged to USD, stablecoins offer protection from currency depreciation (e.g., Key Facts & Statistics Transaction volume : In 2024, stablecoin volume hit $27.6 in Sri Lanka or Myanmar). in Feb 2024 to $4.1T

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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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StraitsX Unveils Refreshed Brand, Plans New Features for Stablecoin Settlement

Fintech News

Singapore-based stablecoin infrastructure provider StraitsX has unveiled a refreshed brand identity as it expands its role in enabling compliant, real-time payment settlements. Its stablecoins, XSGD and XUSD, are among the first to be recognised under MAS forthcoming Single-Currency Stablecoin framework.

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Anchorage Digital to Acquire Stablecoin Issuer Mountain Protocol

Fintech News

Anchorage Digital has entered into a definitive agreement to acquire Mountain Protocol, the Bermuda-based issuer of the USDM stablecoin. The move comes as Anchorage Digital looks to expand its stablecoin offering amid growing institutional demand and evolving U.S. The companys USDM stablecoin is fully backed by U.S.

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Fiserv Launches Stablecoin for Banks

Finovate

Fiserv is leveraging Paxos, Circle, and Solana to launch FIUSD , a new stablecoin integrated into its global banking and payments infrastructure. In a move that signals growing mainstream adoption of digital assets, payments giant Fiserv has unveiled plans to launch its own stablecoin, FIUSD.

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Big Brands Are Issuing Their Own Stablecoins– Is Yours Next?

Finovate

Stablecoins are blowing up the financial ecosystem. As proof, we saw news last week that major retailers Walmart and Amazon are exploring developing their own stablecoins. If retailers are jumping onto the stablecoin bandwagon, should your firm or fintech be considering doing so, too? Should you issue your own stablecoin?