PYMNTS

SEPTEMBER 8, 2020

The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. Roberto Campos Neto, president of Brazil’s central bank, said his country’s new digital currency will work in concert with its new instant-payments system. “To

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Digital Currency Central Bank CBDC Instant Payments 87

Fintech News

APRIL 21, 2025

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.

Cross-Border Settlement 99

Cross-Border Settlement Cross-Border Settlement Payment Networks 99

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The Rewards.

Digital Currency 87

Digital Currency CBDC Retail Payments Central Bank 87

PYMNTS

OCTOBER 9, 2020

In terms of collaboration, as noted in this space, the Federal Reserve is working in collaboration with seven other central banks and the Bank for International Settlements (BIS) to bring together a framework that would smooth the path to digital currency issuance. The Federal Reserve Bank has been exploring a digital currency.

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Digital Currency Central Bank CBDC Federal Reserve 70

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.

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Stablecoins Digital Currency Use Case Accounts 140

The Payments Association

JUNE 3, 2025

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

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CBDC Cross-Border Central Bank Cross-Border Payments 88

Fintech News

JANUARY 20, 2025

Singapore embraces digital currencies, combining cutting-edge innovation with solid regulations to ensure a safe trading environment. Cryptocurrency is a digital currency form that uses cryptographic technology to secure transactions and control the creation of new units. Youre in the right place.

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Cryptocurrency Credit Cards Verification Blockchain 113

PYMNTS

MAY 23, 2017

The Euro Banking Association (EBA) announced Monday (May 22) that it issued a new information paper looking at benefits and uses cases of digital currencies for international payments and correspondent banking practices.

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Use Case Digital Currency International Payments Correspondent Bank 40

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. China Touts Proprietary Digital Currency.

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Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

Finextra

SEPTEMBER 26, 2024

R3, the financial markets digital solutions firm and Ownera, a leading provider of tokenization interoperability routers based on the open FinP2P protocol, have partnered to enable interoperability across the largest number of live production-grade use cases and networks for digital assets and digital currencies.

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Interoperability Digital Currency Use Case Product 111

PYMNTS

MARCH 3, 2020

The blockchain for the Marshallese sovereign (SOV) digital currency will be developed with Algorand technology, according to an announcement. In other news, more than 7,000 digital currency ATMs now exist throughout the world, Cointelegraph reported.

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Digital Currency ATM Bitcoin Blockchain 67

Tearsheet

FEBRUARY 27, 2025

In late 2020, PayPal took its first crypto leap, letting users buy, sell, and hold select digital currencies within their accounts. We take a closer look at PayPals crypto evolution, its applications, and the trade-offs that come with digital currency transactions. PYUSD is now on both Ethereum and Solana.

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PayPal Payments Privacy Digital Currency 72

PYMNTS

JANUARY 21, 2020

And now, for digital currencies, it’s a group effort — among central banks, that is. Up until now, the explorations and considerations of digital currencies — as would be, potentially, issued by central banking systems to bring fiat into digital form — has been done on a country-by-country basis.

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Central Bank Digital Currency CBDC Federal Reserve 57

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

The Payments Association

MARCH 26, 2024

Conversations around a digital pound are growing louder as the weeks roll by. With use cases popping up around the globe, is it time Britain followed suit? Read more

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Digital Currency Use Case Consumer Payments 100

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. Treasurer Chancellor Rishi Sunak said in a press release. Sunak announced the measures while outlining other proposals for the U.K.’s

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PYMNTS

MAY 27, 2020

The movement toward digital currencies may be a bit of an arms race of sorts, for now. As noted in this space last week, about 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) are working on central bank digital currencies (CBDC).

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Central Bank Digital Currency CBDC Settlement 57

PYMNTS

FEBRUARY 5, 2020

The United States Federal Reserve is examining the possibilities and issues surrounding cryptocurrencies and digital payments, which include whether there would be a benefit to the agency issuing a digital currency , according to a report by Reuters.

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Digital Currency Fed Federal Reserve CBDC 52

Fintech News

JANUARY 21, 2025

Additionally, central bank digital currencies (CBDCs) are now a key trend, with initiatives such as Project Orchid in Singapore, the Digital Rupiah in Indonesia, and a retail CBDC project being piloted in Thailand.

Payment APIs and Integration 109

Payment APIs and Integration Finance Cross-Border API 109

PYMNTS

DECEMBER 4, 2019

4), with separate reports noting that the collaboration aims to deploy a digital currency for B2B payments. Citing The Japan News, reports said MUFG and Recruit are working together to develop a digital currency that would first be tested for smartphone consumer payments, with plans to expand the technology into B2B payments use cases.

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Digital Currency B2B Funds Transfer Settlement 52

PYMNTS

OCTOBER 2, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. European Central Bank Outlines Use Cases for Digital Euro. Plus, Walmart is partnering with Clover Health for its new health centers.

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Use Case Credit Cards Central Bank Push-to-Card 77

The Payments Association

DECEMBER 17, 2024

RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments. RLUSD is available on both the XRP Ledger and Ethereum blockchains, offering flexibility and scalability for various financial use cases. Access liquidity for remittance and treasury operations.

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Stablecoins Compliance Federal Reserve Cross-Border Payments 88

PYMNTS

OCTOBER 15, 2020

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” But he pointed to a use case that might be a bit under the radar. So that is certainly an aspiration.

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Real Time Payments NACHA SWIFT TCH 125

PYMNTS

JANUARY 3, 2020

Digital currencies, yes – but with limits. According to a paper that debuted this week from the European Central Bank (ECB), central bank currencies in digital form have their uses, but individuals should be dissuaded from holding too much of a hypothetical digital euro.

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Digital Currency CBDC Central Bank Retail Payments 52

The Fintech Times

AUGUST 28, 2024

Looking to harness this potential, the Hong Kong Monetary Authority (HKMA) launched ‘Project Ensemble’ in March earlier this year, a wholesale central bank digital currency (wCBDC) project, to support the development of the tokenisation market in the region.

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Interbank Settlement CBDC Settlement Use Case 134

PYMNTS

OCTOBER 9, 2020

In today’s top news, the Federal Reserve and seven central banks are collaborating on a framework for digital currency, and Amazon India prepares for its festive season with a $95.5 Fed, Central Banks Frame Criteria For Digital Currency. million boost. Plus, Affirm files for an IPO. Amazon India Gets $95.5M

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Digital Currency Central Bank Federal Reserve P2P 56

The Payments Association

JUNE 3, 2025

This enables rapid scaling of new payment use cases, without duplicating risk exposure. This enables payment systems to manage both on-chain and off-chain identity events, supporting high-assurance use cases such as digital ID-linked payments or KYC-compliant wallet onboarding.

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Security Payment APIs and Integration Payment Security Credential 88

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. It was a contactless payment on POS using a card issued by Eurasian Bank JSC on the Way4 digital payments software system.

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CBDC Transactions Payment APIs and Integration Cross-Border 131

The Fintech Times

MAY 30, 2024

.” As the most used blockchain for stablecoin transfers, according to data from blockchain analytics platform Artemis , Solana has emerged as the leading blockchain to run tokenised transactions and is ideal for PYUSD as it continues to be used for payment use cases.

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PayPal Stablecoins Blockchain Venmo 119

PYMNTS

SEPTEMBER 15, 2020

Central bank digital coins on the Continent – but plenty of room for cash. To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability.

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CBDC Risk Central Bank Digital Currency 91

PYMNTS

AUGUST 21, 2020

And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

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The Paypers

SEPTEMBER 9, 2020

Mastercard has launched a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDCs) use cases.

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Digital Currency Central Bank Visa Use Case 41

Fintech News

APRIL 7, 2024

With the stablecoin market currently valued at approximately US$150 billion and expected to soar to over US$2.8 trillion by 2028, Ripple aims to cater to the increasing demand for stable and reliable digital currencies. Ripple’s venture into the stablecoin arena promises several benefits.

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Stablecoins Use Case Blockchain Regulatory Compliance 122

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. Stablecoins also “have the potential to serve as a digital monetary instrument to embed in DLT applications, including for programmable money or smart contracts,” the paper added.

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Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

PYMNTS

DECEMBER 24, 2020

If one measures success for digital currencies in buzz — and in price appreciation for many of the marquee names — then 2020 stands out as a banner year. Building The (Retail) Use Cases. Part of the enthusiasm from investors comes as use cases have proliferated. Dollars Done Digitally.

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Federal Reserve Bitcoin Cryptocurrency Office of the Comptroller of the Currency 103

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

Fintech News

OCTOBER 6, 2024

Swift will interlink various digital asset networks, blockchains, and central bank digital currencies (CBDCs), enabling seamless transactions between traditional and emerging forms of value. Key use cases for these trials include payments, foreign exchange (FX), and securities transactions.

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SWIFT Transactions Settlement Use Case 113