Fintech News

DECEMBER 11, 2024

Circle Internet Group and world’s largest crypto exchange Binance have formed a strategic partnership to expand the use of USDC, a stablecoin pegged to the US dollar. We will also work closely with Circle to drive innovation and utility for stablecoins globally. said Richard Teng, CEO of Binance.

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Fintech News

NOVEMBER 5, 2024

The new system uses Purpose Bound Money (PBM), which specifies the conditions for using stablecoins, and the Avalanche blockchain. Payments will be settled instantly in Singapore dollars via a regulated stablecoin, providing merchants with immediate local currency settlements.

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Stablecoins Cross-Border Payments Cross-Border Blockchain 107

Fintech News

DECEMBER 11, 2024

KAST, a fintech platform focused on stablecoins, has raised US$10 million in a seed funding round led by HSG (HongShan Capital Group) and Peak XV Partners. By leveraging stablecoins, KAST aims to address challenges in traditional banking systems, particularly in regions with volatile currencies. We are building KAST to change this.”

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Stablecoins Cross-Border SWIFT Volume 120

The Fintech Times

FEBRUARY 17, 2025

Stablecoins have a huge impact on the financial market as we know it, but more can still be done. Looking to take stablecoin usage to the next level in Hong Kong, Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands , and HKT have announced a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin.

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Fintech Finance

FEBRUARY 28, 2025

dtcpay , a leading stablecoin payments solution in Singapore, is thrilled to announce a groundbreaking partnership with Metro, one of Singapores most iconic and trusted department stores. This collaboration marks a bold step into the future of retail, empowering Metro customers to shop seamlessly using stablecoins.

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Fintech Finance

JANUARY 22, 2025

Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.

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Fintech News

MARCH 9, 2025

The Thai Securities and Exchange Commission (SEC) has announced the addition of USD Coin (USDC) and Tether (USDT) stablecoins to its approved list of cryptocurrencies. Featured image credit: Edited from Freepik The post Thai SEC Adds USDC, USDT Stablecoins to Approved Crypto List appeared first on Fintech Singapore.

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The Payments Association

DECEMBER 17, 2024

RLUSD is an enterprise-grade, USD-denominated stablecoin created with trust, utility, and compliance at its core, backed by Ripples years of experience working with crypto and the existing financial system. “As the U.S.

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Stablecoins Compliance Federal Reserve Cross-Border Payments 88

Fintech News

NOVEMBER 25, 2024

Singapore Gulf Bank is reportedly planning to acquire a stablecoin payments provider and is seeking investments to fund this move, Bloomberg reports. The pursuit of a stablecoin payments company underscores the bank’s focus on leveraging the growing prominence of these digital assets.

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The Fintech Times

MARCH 28, 2025

Looking to bridge the world of fiat and digital currencies, Fipto , a blockchain-based payment infrastructure, is looking to make it easier for firms to integrate stablecoins and optimise existing global payment flows using blockchain. The firm is also a licensed Virtual Asset Service Provider (VASP) in Luxembourg.

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Bank Automation

MARCH 25, 2025

Amid a push toward the use of cross-border payments, the financial services industry is holding back on stablecoin payments as it awaits consumer adoption and regulation. Stablecoin is cryptocurrency that aims to keep a stable value relative to a specified asset like government-issued currency or gold.

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The Fintech Times

DECEMBER 3, 2024

dtcpay , the licensed payment service provider, has announced that it will no longer be supporting Bitcoin (BTC) and Ethereum (ETH) in the new year as it transitions to only support stablecoins for its Digital Payment Token (DPT) payment services. This will enable stablecoin-to-fiat transactions through a unified QR code across the island.

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Payments Dive

MARCH 14, 2025

The Merchants Payments Coalition and the Payment Choice Coalition locked arms to advance stablecoins as the Senate Banking Committee passed a stablecoin bill.

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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.

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The Fintech Times

FEBRUARY 6, 2025

Its upcoming launch hopes to disrupt the $200billion stablecoin market and create a bridge between traditional finance and cryptocurrencies. Telcoin Bank plans to offer fully regulated, bank-issued ‘Digital Cash’ stablecoins, alongside a suite of blockchain banking products and services.

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Finovate

DECEMBER 17, 2024

based stablecoin infrastructure provider BVNK secured a $50 million Series B round, boosting its valuation to $750 million. As living proof that the stablecoin revolution is underway, stablecoin infrastructure provider BVNK has raised $50 million. Stablecoins have exceptional potential for cross-border payments and remittances.

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The Fintech Times

FEBRUARY 19, 2025

Singapore-based digital payment infrastructure provider and stablecoin issuer, StraitsX , is teaming up with Standard Chartered to enhance the reserve management of its stablecoins. The post Standard Chartered Set to Support Reserve Management of StraitsX Stablecoins in Singapore and US appeared first on The Fintech Times.

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Fintech Review

APRIL 10, 2025

These advancements support the platforms mission to provide a globally interconnected stablecoin payment ecosystem. where payment companies, fintechs, and businesses are already seeing significant advantages from using stablecoins. Capas market-leading liquidity and competitive FX rates make them an ideal partner for us in the region.

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Payments Dive

AUGUST 8, 2023

PayPal is planting a flag in the stablecoin space despite the slow uptake of digital assets in consumer payments and the lingering crypto chill.

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Stablecoins PayPal Consumer Payments 146

Finextra

MAY 18, 2024

On 4 April, Ripple announced its plan to launch its own stablecoin, next to XRP, pegged 1:1 to the.

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The Fintech Times

MARCH 6, 2025

Unifying global fiat and stablecoin payments, stablecoin payments infrastructure provider BVNK has announced a new embedded wallet. They have existed in today’s market for some time but have had limited capabilities to manage stablecoin, crypto and fiat payments in one place. Why stablecoins?

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Fintech Review

APRIL 3, 2025

The new partnership aims to improve liquidity, reduce transaction costs, and increase reliability, offering more options for counterparties while addressing the growing demand for stablecoin adoption in Brazil. BRLA is a leader in payments in the region and the only issuer of an independently audited BRL stablecoin.

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Fintech Review

APRIL 17, 2025

New York, New York, April 17th, 2025, FinanceWire Borderless.xyz , a global payments infrastructure company that enables transactions using stablecoins and real-world assets (RWAs), is pleased to welcome Trace Finance , a leading provider of digital asset infrastructure in Brazil, to its growing network.

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The Payments Association

FEBRUARY 14, 2025

In 2025, payments firms must prioritise compliance, open banking expansion, and stablecoin readiness to navigate regulatory shifts and drive growth. In 2025, three priorities stand out: safeguarding customer funds, expanding open banking, and preparing for stablecoin regulation.

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Stablecoins Payment APIs and Integration Regulatory Compliance Compliance 88

The Fintech Times

MARCH 5, 2025

Ozean , a blockchain for Real-World Assets (RWA) yield launched by Clearpool , is joining forces with First Digital , a Hong Kong-based group offering global multi-asset custodial, trust, payments and stablecoin solutions, as part of WakeMaker, Ozean’s accelerator programme.

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Fintech News

SEPTEMBER 11, 2024

Both companies have integrated cryptocurrencies such as Bitcoin, Ether, Singapore’s XSGD stablecoin, and USDT into their payment options, allowing customers to use these assets for everyday transactions like e-wallet top-ups. A key part of this growth is the rise of XSGD, the Singapore dollar-backed stablecoin issued by StraitsX.

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Payments Dive

JANUARY 12, 2024

Circle, which issues the USDC stablecoin, has filed confidential paperwork with the Securities and Exchange Commission — one day after the SEC's approval of 11 spot bitcoin exchange-traded funds.

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Finextra

APRIL 25, 2024

After a six year hiatus, Stripe is returning to crypto, allowing merchants to accept stablecoins for online payments.

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Payments Dive

FEBRUARY 20, 2025

“Dollar-based stablecoins such as USDT and USDC are traded all over the world at any time of the day, regardless of holidays, time zones, and whether markets are open or closed,” writes the CEO of an embedded finance company.

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The Fintech Times

APRIL 14, 2025

Stablecoins are proving to be popular among the unbanked in Mexico. Chipi Pay has secured a major distribution deal, partnering with a CPG distributor to place stablecoin gift cards across 270,000+ mom & pop shops in Mexico. Six months post-launch, the average ticket size on the app grew from $1.5

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Finextra

OCTOBER 6, 2024

PayPal has for the first time used its proprietary PYUSD stablecoin to pay and invoice.

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Stablecoins PayPal 126

Finextra

MARCH 3, 2025

Bank of America will look to launch its own dollar-backed stablecoin if US lawmakers make it legal to do so, says CEO Brian Moynihan.

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Finextra

NOVEMBER 14, 2024

SG-Forge, the digital asset division of French bank Societe Generale is deploying its Euro-based stablecoin on the XRP Ledger (XRPL).

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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.

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The Fintech Times

JANUARY 26, 2025

BVNK , a stablecoin payment infrastructure provider, is joining forces with First Digital , the group behind First Digital USD, in a move to bolster the adoption of the USD-backed stablecoin within the crypto ecosystem.

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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.,

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Fintech Review

MARCH 12, 2025

As the stablecoin market expands rapidly, many vendors are still emerging companies. Enterprises looking to leverage stablecoin technology face increased counterparty risk when partnering with these younger vendors. Reduced Counterparty Risk : Many stablecoin solution providers are startups without a long track record.

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