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PayPal USD Expands to Arbitrum, Bringing Layer 2 Efficiency to Multi-Chain Development Stack

PayPal

This deployment provides developers with their first Layer 2 option for PYUSD integration, combining the stablecoin's established reliability with Arbitrum's low-cost, high-throughput transaction processing. Redemption and Market Risk of Fiat-Backed Stablecoins: U.S. San Jose, Calif., dollar per token.

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GENIUS Act Clears the Way for Stablecoin-Powered Embedded Finance

Finextra

Location Joburg Followers 5 Opinions 23 Follow Unfollow For years, stablecoins existed in a regulatory grey zone – popular as “digital cash” but lacking official oversight. policymakers have sketched out the first federal framework for payment stablecoins. This means the “stable” in stablecoin is now legally enforceable.

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Highnote Expands Its Unified Product Platform with Instant Payments

Fintech Finance

Highnote , the unified platform for embedded finance and modern card issuance, today announced the launch of Instant Payments, a new capability that enables businesses to deliver near real-time payouts from Highnote-issued cards to eligible external debit and prepaid cards.

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Tokenized Deposits vs. Stablecoins: What’s the Difference and Why It Matters

Finovate

At this point, if you’ve been working in the financial services industry since January, you’ve likely heard of stablecoins, and you may have heard of tokenized deposits. Here’s a brief overview of where stablecoins and tokenized deposits intersect, where they are different, and where they may be most useful.

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OpenPayd and Circle to offer fiat–stablecoin payment network

The Paypers

The agreement brings together OpenPayd’s API-based payment and banking services with Circle’s infrastructure for USDC, a dollar-denominated stablecoin issued by regulated affiliates of Circle. They indicated that the collaboration aims to further expand the use of stablecoins like USDC in practical financial applications.

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Circle Goes Live with the Circle Payments Network

Finovate

Stablecoin issuer and infrastructure company Circle unveiled this week that the Circle Payments Network (CPN) mainnet is now live. With CPN, Circle is hoping to disrupt the $190 trillion cross-border market and bring stablecoins mainstream for cross-border payments. “We are just getting started. . per transaction.

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This Week in Fintech: TFT Bi-Weekly News Roundup 18/03

The Fintech Times

Partnerships Fintech Jack Henry has extended its collaboration with Mastercard to offer Mastercard Move, Mastercards portfolio of money transfer solutions, through Jack Henry Rapid Transfers, a cloud-native service that enables near-real time money movement.