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French Regulators Approve Merge for Fiat and Stablecoin Payment Services

The Fintech Times

Merge, a London-based fintech, has received approval from French regulators to operate as both an electronic money institution (EMI) and a virtual asset service provider (VASP). This dual licensing enables the company to offer cross-border payment services that integrate traditional fiat currencies with blockchain-based stablecoin transfers.

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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. Additional investors include White Star Capital, Fabric Ventures, Digital Currency Group (DCG), The Venture Dept., and several angel investors. said Milind Sanghavi, Founder and CEO of XWeave.

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Circle Launches Stablecoin Payments Network for Cross-Border Settlements

Fintech News

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.

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StraitsX Teams Up With Ripple to Launch XSGD Stablecoin on XRP Ledger

Fintech News

StraitsX has launched its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), marking a new phase in its collaboration with Ripple to support real-time digital payments across Asia. Its a marker of where financial infrastructure is heading. said Liu Tianwei, Co-Founder and Deputy CEO at StraitsX.

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Going on a Joint Venture: SCBHK, Animoca Brands and HKT Go on a Stablecoin Journey in Hong Kong

The Fintech Times

Stablecoins have a huge impact on the financial market as we know it, but more can still be done. Looking to take stablecoin usage to the next level in Hong Kong, Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands , and HKT have announced a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin.

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Fipto Secures Second Stablecoin Regulatory Licence in France to Improve Payments Cycle

The Fintech Times

Looking to bridge the world of fiat and digital currencies, Fipto , a blockchain-based payment infrastructure, is looking to make it easier for firms to integrate stablecoins and optimise existing global payment flows using blockchain.

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Former Thai PM Thaksin Calls on SEC to Support Crypto Adoption

Fintech News

Securities and Exchange Commission as indicative of the growing acceptance of digital assets globally. Thaksin suggested that Thailands Securities and Exchange Commission (SEC) adopt regulatory frameworks to support the trade of stablecoins, digital currencies backed by assets.