Fintech Finance

JUNE 13, 2024

BVNK , the stablecoin payments provider, announced today that it has enabled Swift payments on its platform, so businesses can move easily between US dollars, Euros and stablecoins like USDT, USDC and PYUSD. BVNK offers the perfect pathway from our PSPs to our banks, saving us valuable time and money.

Stablecoins 99

Stablecoins SWIFT Settlement Digital Currency 99

PYMNTS

NOVEMBER 12, 2020

Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients, affiliates, suppliers, contractors and others with digital currency, according to a Thursday (Nov. 12) announcement.

Stablecoins 110

Stablecoins Bitcoin Digital Currency CBDC 110

Fintech Finance

MAY 28, 2025

Merge , a London-based fintech, has activated its Electronic Money Institution (EMI) licence and Virtual Asset Service Provider (VASP) registration. “By merging stablecoins with real-time payment rails, we’re enabling businesses to move funds instantly and cost-effectively, without the friction of legacy systems.

Stablecoins 81

Stablecoins Cross-Border Payments Multi-Currency Cross-Border 81

PYMNTS

DECEMBER 26, 2019

The Central Bank of the Bahamas is planning to start a rollout of its new digital currency on Friday (Dec. Called Project Sand Dollar, the name of the currency will also be the sand dollar, according to a press release. The intent is to start a fully-fledged central bank digital currency (CBDC). 27) in Exuma.

Digital Currency 83

Digital Currency Central Bank CBDC Stablecoins 83

PYMNTS

SEPTEMBER 22, 2020

The regulator of the nation’s banks has issued its first guidance on stablecoins , the cryptocurrency backed by traditional currency. . A letter by the Office of the Comptroller of the Currency (OCC) published on Monday (Sept. Allaire said this has been a long time coming.

Office of the Comptroller of the Currency 138

Office of the Comptroller of the Currency OCC Stablecoins Due Diligence 138

Fintech News

JANUARY 24, 2024

The Money-Changing License will enable businesses to conduct money-changing services; the Standard Payment Institution License allows them to conduct multiple payment services below specified thresholds, and the Major Payment Institution License allows businesses to conduct multiple payment services without any transaction volume or float limits.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Blockchain 98

The Fintech Times

AUGUST 28, 2024

the tech-driven payments bank, has launched its bank-backed stablecoin, EURI. The EURI stablecoin is the first MiCA-regulated digital asset that is issued and backed by a bank in the EU. Furthermore, it will enable us to launch stablecoins and tokenised money in the future, providing more choice and optionality for the market.”

Stablecoins 80

Stablecoins Multi-Currency Risk Mitigation Risk Assessment 80

The Payments Association

MAY 7, 2024

With the UK's financial watchdogs set to establish a regulatory regime for stablecoins, payment service providers must brace for stringent new standards in operations, redemptions, audits, and consumer protection. Read more

Stablecoins 88

Stablecoins Audit Consumer Protection Service Provider 88

Fintech News

FEBRUARY 27, 2024

2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon.

APACS 132

APACS Regulations Stablecoins Cryptocurrency 132

The Payments Association

MAY 3, 2025

Among these, the integration of blockchain and stablecoins in cross-border payments and treasury management emerged as a central theme. Four or five years ago, digital assets were mostly about speculation, she noted. Our clients are already transacting in stablecoins like USDC, USDT and RLUSD.

Payment APIs and Integration 88

Payment APIs and Integration Cross-Border Embedded Finance Payments 88

Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). Central Bank Digital Currencies must therefore be able to work together quickly, easily and securely across national borders.

CBDC 113

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 113

PYMNTS

JULY 10, 2020

Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. The FATF said it will review the implementation and impact of its standards by next summer and provide further guidance on stablecoins and virtual assets.

Money Laundering 56

Money Laundering Stablecoins Cryptocurrency Digital Currency 56

Fintech News

FEBRUARY 28, 2024

Rather, the introduction of new rules in 2023, aimed at curbing the promotion of Digital Payment Token (DPT) services and tightening licensing requirements , seems to have underscored the importance of a regulated and secure environment for digital asset exchanges and service providers. trillion by December 2023.

Cryptocurrency 124

Cryptocurrency Stablecoins Digital Currency Regulations 124

Global Fintech & Digital Assets

JANUARY 8, 2024

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.

Stablecoins 59

Stablecoins Consulting Issuers Non-Bank 59

PYMNTS

SEPTEMBER 15, 2020

Mastercard Leads Central Bank Digital Currency Test. Mastercard is one of them: Last week, the company announced the development of a virtual testing platform built for central bank digital currencies (CBDCs), as more governments around the world have announced plans to explore state-backed crypto.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

The Fintech Times

FEBRUARY 27, 2024

Having looked at some of the biggest technologies to impact the payments world, like buy now pay later (BNPL) and central bank digital currencies (CBDCs) , we now look to the future and what the next trend may be. “There is, however, a competition emerging between CBDCs and stablecoins.

Consumer Protection 69

Consumer Protection Payments Trends Stablecoins Consumer 69

PYMNTS

APRIL 27, 2020

Global blockchain firm Binance and blockchain payment service provider BitPay are teaming to increase adoption of the BUSD Binance stablecoin, according to an announcement. dollar,” BitPay CEO Stephen Pair said in the announcement. BitPay merchants and companies can buy BUSD via the Binance Exchange and exchanges that list it.

Stablecoins 56

Stablecoins Blockchain Cross-Border Bitcoin 56

PYMNTS

DECEMBER 26, 2019

The Bank of Russia has been testing stablecoins that are attached to real assets, according to reports. We are testing stablecoins in our regulatory ‘sandbox,’” said Elvira Nabiullina. “We The bank is also looking into the potential to issue its own central bank digital currency, which will be called the digital ruble.

Central Bank 52

Central Bank Stablecoins Rules Bitcoin 52

PYMNTS

NOVEMBER 10, 2020

Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. Areas like those involving digital asset service providers are complex, as multiple regulatory authorities are involved in oversight.

CBDC 67

CBDC Use Case Privacy Cryptocurrency 67

CoinRemitter

JANUARY 17, 2024

There are about 9000 cryptocurrencies in the world, and over 150 of them are stablecoins, which acquire 0.08% of the cryptocurrency market. This number clearly shows the potential of stablecoins. Whenever we discuss stablecoins, we all think about USDT. But stablecoins aren’t just about Tether.

Stablecoins 45

Stablecoins Cryptocurrency Payment Gateways Payments 45

PYMNTS

APRIL 16, 2020

With a revised version of the planned digital currency, Facebook ‘s Libra will be supervised by worldwide watchdogs and connected to individual country currencies. Libra will now provide stablecoins based on a roster of separate currencies to be determined. The potential of the 2.5

Multi-Currency 64

Multi-Currency Stablecoins Money Laundering Central Bank 64

Fintech News

NOVEMBER 12, 2024

On asset tokenisation, Chia highlighted the introduction of a stablecoin regulatory framework. This initiative aims to create a multilateral framework, enabling a country’s instant payment system to seamlessly connect with those of other nations through a single, streamlined integration.

FinTech 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

PYMNTS

JULY 17, 2019

“The issuance of a currency does not belong in the hands of a private company because this is a core element of state sovereignty,” Scholz said, according to Reuters. ” In other news, stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin before immediately destroying them.

Stablecoins 43

Stablecoins Bitcoin Finance Cryptocurrency 43

PYMNTS

NOVEMBER 20, 2019

The world seems to be divided into two camps, at least when speaking generally: Those who think bitcoin and other digital currencies provide the promise of transactional efficiency in the coming year, and those who view cryptocurrency as mainly a way for drug dealers, terrorists, fraudsters and others to operate in the shadows.

Travel Rule 49

Travel Rule Rules Digital Currency Cryptocurrency 49

PYMNTS

AUGUST 3, 2020

regulatory landscape as a financial service provider is not easy, with laws that vary state by state and federal rules that are constantly evolving. Morgan’s initiatives in cryptocurrency and stablecoin technology have ramped up in recent months, for instance. Navigating the U.S.

Real Time Payments 117

Real Time Payments Office of the Comptroller of the Currency Treasury Settlement 117

Fintech News

OCTOBER 28, 2024

Finally, the solution integrates the use of stablecoins for instant settlement by enabling real-time, secure payments through stablecoins once escrow conditions in the smart contract are met. Additionally, smart contracts are utilised to automate trade processes and ensure compliance with predefined conditions.

FinTech 117

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 117

CoinRemitter

FEBRUARY 7, 2024

Stablecoin Dominance Some individuals have been skeptical of volatility in cryptocurrency prices. But stablecoins like USDT and USDC don’t have much volatility usually. Also read: The Role of Stablecoins in Crypto Payments in 2024 ] 4. This has always encouraged individuals to lean towards them.

Stablecoins 40

Stablecoins Payment Gateways Cryptocurrency Cross-Border 40

Clearly Payments

FEBRUARY 14, 2024

Whether it’s the fierce competition among acquirers for merchant accounts, the disruptive impact of emerging fintech startups, or the transformative potential of cryptocurrency and stablecoins, the competitive landscape is constantly evolving. It will allow the development of new software applications for consumers.

Payments 104

Payments Value Added Service BNPL Payment Gateways 104

The Fintech Times

MAY 22, 2024

In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted.

Cryptocurrency 78

Cryptocurrency Innovation Bitcoin Blockchain 78

Fintech News

NOVEMBER 20, 2024

A micro-financial services provider in the Philippines, Cebuana Lhuillier brings an extensive network of 3,500 branches and 25,000 partner agents to the partnership. Yellow Card, Africa’s largest licensed stablecoin on/off-ramp fintech, will also leverage PYUSD to facilitate transactions.

Cross-Border 130

Cross-Border Cross-Border Payments PayPal Financial Inclusion 130

The Payments Association

MARCH 20, 2025

How people pay for things is changingcash usage is declining, and digital transactions are becoming the norm in many sectors. Innovation in retail payments depends on foundational infrastructure that enables payment service providers to develop new solutions.

Digital Currency 88

Digital Currency Retail Payments Privacy Stablecoins 88

The Payments Association

MAY 19, 2025

Qualifying stablecoins: A subset that references fiat currency and aims to maintain a stable value through asset backing. Lead the market in developing regulated stablecoin-based payment solutions or tokenised financial products. Stablecoin issuers often operate in legal grey zones unless they are federally chartered.

Compliance 88

Compliance Stablecoins Regulations Payments 88

The Payments Association

APRIL 14, 2025

Immediate focus areas include fraud prevention, ISO 20022 readiness, and stablecoin regulationbut longer-term success depends on active engagement with consultations, operational resilience, and global alignment. Under the forthcoming framework, stablecoins used for payments will fall squarely under the FCAs regulatory perimeter.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

The Fintech Times

MARCH 11, 2025

His recent work also includes the launch of the RLUSD stablecoin with Ripple and introducing Topper, a platform supporting over 230 cryptocurrencies to facilitate easier and cost-efficient currency conversions. The big recent breakthrough in the UK was the launch of our staking service. How did you get into the fintech industry?

Cross-Border 64

Cross-Border Stablecoins Payment APIs and Integration Blockchain 64

The Fintech Times

FEBRUARY 15, 2025

While central banks across the globe have begun researching the possibility of introducing a central bank digital currency (CBDC), only three countries have officially launched one, and we still await one from a genuine world leader – aside from China piloting the digital Yuan with questionable levels of adoption.

CBDC 90

CBDC Central Bank Stablecoins Digital Currency 90