Fintech News

SEPTEMBER 17, 2024

The partnership’s first phase includes the launch of the dtcpay Visa Infinite card, allowing users—particularly ultra-high-net-worth (UHNW) individuals—to convert digital currencies like stablecoins into fiat at real-time rates. Public registration for the dtcpay Visa Infinite card is expected in Q4 2024.

Digital Currency 116

Digital Currency Web 3.0 Payments Contactless Payments 116

Clearly Payments

OCTOBER 31, 2024

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Fintech News

OCTOBER 16, 2024

Siam Commercial Bank ( SCB ), alongside its venture arm SCB 10X and Lightnet , has launched Thailand’s first cross-border payment system utilising stablecoins, according to CoinGape. The use of stablecoins also streamlines currency conversion processes, facilitating easier transfers between digital and local currencies.

Cross-Border Payments 135

Cross-Border Payments Cross-Border Stablecoins Digital Currency 135

PYMNTS

DECEMBER 1, 2020

It’s been more than a year in the making — with no shortage of caution and criticism by lawmakers and regulators here in the states and in Europe — but Libra, the digital currency backed by Facebook and a revolving cast of other tech firms, could debut as early as next month. Morgan stablecoin, known as JPM Coin, geared toward B2B.

Digital Currency 117

Digital Currency Central Bank Stablecoins Cross-Border Payments 117

CoinRemitter

MARCH 28, 2025

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.

Stablecoins 52

Stablecoins Payment Gateways Gateways Cryptocurrency 52

Fintech News

JANUARY 14, 2025

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.

Cryptocurrency 115

Cryptocurrency Stablecoins Digital Currency Governance 115

The Fintech Times

MAY 29, 2024

The idea that digital assets are exclusively some form of currency has been slowly dispelled, as new use cases emerge and are rapidly adopted across the globe. But digital currencies are far from irrelevant. CBDC overview across the MEA region in 2024 But why are so many countries adopting CBDC initiatives?

Digital Currency 111

Digital Currency CBDC Cross-Border Payments Cross-Border 111

Fintech News

APRIL 10, 2024

The Bank for International Settlements (BIS) has released a report, “Stablecoins: Regulatory Responses to Their Promise of Stability,” analysing the regulatory environments for stablecoins across seven distinct jurisdictions.

Stablecoins 121

Stablecoins Regulations Digital Currency Risk Mitigation 121

The Fintech Times

MAY 30, 2024

PayPal USD (PYUSD), PayPal ‘s USD stablecoin, will now be available on the Solana blockchain. “Making PYUSD available on the Solana blockchain furthers our goal of enabling a digital currency with a stable value designed for commerce and payments.” per PayPal USD.

Stablecoins 119

Stablecoins PayPal Blockchain Venmo 119

PYMNTS

OCTOBER 9, 2020

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . The People’s Bank of China (PBOC) is already testing the renminbi, a digital currency it says will extend the yuan’s worldwide reach.

Digital Currency 104

Digital Currency Central Bank Fed Federal Reserve 104

Fintech News

MARCH 18, 2024

Southeast Asian ride-hailing super app Grab has teamed up with licensed crypto payments provider Triple-A to introduce a feature that allows its users to top up their GrabPay Wallets using Digital Payment Tokens. The supported stablecoins at this stage include StraitsX Singapore Dollar (XSGD), Tether (USDT), and USD Coin (USDC).

Stablecoins 125

Stablecoins Digital Currency Blockchain On-Demand 125

Payments Dive

DECEMBER 22, 2022

The outgoing senator said he wanted to shield stablecoin activity from the Fed, which is still debating whether to issue a central bank digital currency. Toomey noted the Fed’s “significant skepticism” of stablecoins.

Stablecoins 113

Stablecoins Fed Digital Currency Central Bank 113

Fintech Finance

AUGUST 27, 2024

the innovative, tech-driven payments bank, announces the launch of EURI, a bank-backed stablecoin, compliant with the Markets in Crypto Assets Regulation (MiCA). EURI is the first e-money token launched by Banking Circle and the first MiCA regulated stablecoin that is issued and backed by a bank in the EU. Banking Circle S.A.,

Stablecoins 116

Stablecoins Multi-Currency Regulations Risk Mitigation 116

PYMNTS

DECEMBER 9, 2020

Cryptocurrency platform startup Circle has overhauled its network to advance mainstream trading, while its stablecoin USDC has surpassed three billion in circulation, growing by nearly 500 percent in 2020. “At He said the public blockchain will take digital dollar stablecoins mainstream.

Stablecoins 103

Stablecoins Multi-Currency Digital Currency C2B 103

Finovate

JUNE 3, 2024

PayPal’s stablecoin, PayPal USD (PYUSD), was officially added to the Solana Blockchain last week. Now, PayPal stablecoin users can send PYUSD on Ethereum or Solana when transferring out to external wallets. Competition : The race to stablecoin dominance has quieted among most traditional financial services providers in the U.S.,

Stablecoins 111

Stablecoins PayPal Consumer Blockchain 111

Fintech News

APRIL 7, 2024

Ripple, a provider of enterprise blockchain and crypto solutions, plans to introduce a stablecoin tied directly to the US dollar (USD), pending regulatory approvals. With the stablecoin market currently valued at approximately US$150 billion and expected to soar to over US$2.8

Stablecoins 118

Stablecoins Use Case Blockchain Regulatory Compliance 118

Fintech News

JUNE 19, 2024

Stablecoins have been rising in conversation within the financial ecosystem of Singapore. As the name implies, stablecoins are digital assets designed to maintain a stable value relative to a reference asset, such as the US Dollar or gold.

Stablecoins 110

Stablecoins Cross-Border Cross-Border Payments Blockchain 110

The Fintech Times

MAY 13, 2025

Cryptocurrency payment processor BitPay has launched a new payment option, dubbed HODL Pay, as part of a move to offer more Web3 payment accessibility as digital currency adoption grows. BitPay also says that consumers can stay invested while instantly accessing liquidity in stablecoins to meet immediate spending needs.

Stablecoins 45

Stablecoins Cryptocurrency Payments Digital Currency 45

Fintech News

MARCH 18, 2024

This initiative aims to offer users more convenience by enabling the conversion of digital currencies into spendable funds within their GrabPay Wallets. This top-up method went live on 12 March 2024. experiences among its users in Singapore. experiences among its users in Singapore.

Stablecoins 110

Stablecoins Digital Currency Non-Bank Blockchain 110

Fintech News

DECEMBER 13, 2024

The growing adoption of stablecoins across Asia marks a significant shift in the regions financial landscape. dollar-pegged stablecoins like USDT and USDC primarily dominate the cryptocurrency topography. Tether (CNHt) Tether CNHt is a stablecoin that is pegged to the offshore Chinese Yuan (CNY). Traditionally, U.S.

Stablecoins 106

Stablecoins Cross-Border Cross-Border Payments Caps 106

The Payments Association

JANUARY 21, 2025

Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Bitcoin and other offerings have not yet evolved into real alternatives to sovereign monetary activities, but stablecoins present challenges. In a paper that debuted Tuesday (Nov.

Stablecoins 92

Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

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. By bringing together bank and blockchain payment rails and currencies in a single platform, we enable this for our customers.

Stablecoins 99

Stablecoins SWIFT Settlement Digital Currency 99

CB Insights

FEBRUARY 16, 2021

While this can be exciting to witness, it also shows bitcoin’s massively unreliable nature — especially as a currency for goods and services. This is where stablecoins come into play. Stablecoins are much more fixed than normal cryptocurrencies. without the extreme volatility that comes with most other types of digital coins.

Stablecoins 101

Stablecoins Multi-Currency Cryptocurrency Bitcoin 101

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

The Payments Association

JULY 24, 2024

BVNK and The Centre for Economics & Business Research (Cebr) have released new analysis on the market impact of stablecoins on the 10th anniversary of this digital currency.

Stablecoins 88

Stablecoins Research Digital Currency 88

PYMNTS

DECEMBER 2, 2020

Visa will provide a credit card that allows companies to make and get payments with the digital currency via the card once Circle graduates from Visa’s Fast Track initiative. As it stands, the payment firm has onboarded 25 digital currency wallet companies with its Fast Track program such as Cred and Fold. “We

Digital Currency 81

Digital Currency Wire Transfer Credit Cards Wire 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

MAY 1, 2020

In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. .” That doesn’t mean digital currencies aren’t in the cards, however.

Digital Currency 68

Digital Currency Accounts Cross-Border Stablecoins 68

Fintech News

APRIL 7, 2024

customers to utilise PayPal USD (PYUSD) , a stablecoin pegged to the U.S. To make use of PYUSD for funding transactions, users must have a sufficient balance of the stablecoin in their PayPal Cryptocurrency Hub. Xoom, a subsidiary of PayPal specialising in cross-border money transfers, has enabled U.S. Enabling U.S.

Cross-Border 110

Cross-Border Stablecoins PayPal Cryptocurrency 110

Payments Source

MARCH 24, 2020

government to offer a central bank digital currency, public mobile wallets and postal banking—controversial ideas that are hard to pull off, but exist outside the U.S. and could dent interchange fees and private stablecoin projects like Facebook’s Libra. The coronavirus stimulus package has resurrected calls for the U.S.

Stablecoins 142

Stablecoins Digital Currency Central Bank Governance 142

Payments Source

AUGUST 2, 2019

Walmart has filed a patent application for a digital currency that, like Facebook's Libra, would be a stablecoin backed by traditional currencies. And it envisions a very specific use case where its coin could stand in for cash — or even for a bank account.

Stablecoins 140

Stablecoins Digital Currency Use Case Accounts 140

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

Payments Dive

APRIL 8, 2022

The Republican senator's draft bill would preserve state-registered money transmitter status for most existing stablecoin issuers and would clarify that insured depository institutions are permitted to issue the digital currency.

Stablecoins 78

Stablecoins Digital Currency Issuers Payments 78

Fintech News

SEPTEMBER 18, 2024

In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. Total spending in the region for digital wallets amounted to almost US$10 trillion in 2023, led mostly by China.

APACS 116

APACS Alternative Payment Methods Stablecoins BNPL 116

Payments Source

JANUARY 28, 2021

The company wants to join in on the rush to develop stablecoins and central bank digital currencies, in part to show that it can still be a player in cutting-edge technologies after its merger deal with Plaid fell through.

Stablecoins 130

Stablecoins Digital Currency Central Bank Technology 130

PYMNTS

JUNE 29, 2020

The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s While some cryptocurrencies, such as security tokens, are regulated by European law, most stablecoins, are not, CoinDesk reported. s proposed Libra, CoinDesk reported.

Stablecoins 88

Stablecoins Cryptocurrency Central Bank Money Laundering 88