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Thunes and Circle to Facilitate Faster Cross-Border Payments with USDC Stablecoin

Fintech News

Global payments network Thunes has announced a collaboration with Circle , the issuer of regulated stablecoins USDC and EURC. This partnership aims to enhance stablecoin liquidity management in cross-border payments. By utilising USDC, Thunes aims to reduce capital costs and improve liquidity for its network participants.

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RT2: A strategic transformation for UK payment providers

The Payments Association

RT2 is substantially expanding direct participation. A critical limitation of the previous RTGS was its technical ceiling on participant numbers. This proportional approach makes direct participation viable for a broader range of organisations. Expanded access fundamentally changes competitive dynamics.

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Bridging Traditional and Blockchain Finance: Clear Junction Launches Stablecoin Transfer Service

The Fintech Times

Clear Junction , a specialist in global payments and banking infrastructure for regulated financial institutions, has launched a new on-chain stablecoin transfer service. Stablecoin use cases are also emerging in treasury operations, and crypto-fiat liquidity management.

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Navigating legal uncertainty: How the Digital Assets Bill could impact PSPs

The Payments Association

Most of these centre on how firms handle digital assets, particularly stablecoins, as well as the operational and legal adjustment needed to navigate the changing landscape. Stablecoins, as a subset of digital assets, have been a focal point of both the Bill and the FCAs regulatory discussions.

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Project Guardian: Interoperability From Tokenised Bank Liabilities Could Save Firms $50bn in FX Fees

The Fintech Times

As a Project Guardian participant, Ant International also leveraged its blockchain-based Whale platform to develop a global treasury management use case for real-time multi-currency clearing and settlement. Together with members of Project Guardian, we look forward to advancing efforts towards more efficient global financial markets.”

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Decoding the FCA’s Safeguarding reforms: Practical steps for payments and E-money firms

The Payments Association

These rigidities could significantly affect firms cash flow and liquidity management. Firms should actively participate in ongoing consultations and stay informed about developments related to the safeguarding reforms. The first being to engage with the regulatory process.

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Ondo Finance Joins the Mastercard Multi-Token Network (MTN) as the First Real-World Asset (RWA) Provider

Fintech Finance

As the first tokenized RWA integrated into the MTN, Ondo’s Short-Term US Government Treasuries Fund (OUSG) will allow participating businesses to earn daily yield via tokenized assets with 24/7 subscriptions and redemptions, without the need for stablecoins onramps or settlement windows.