Shinhan Financial Group is moving before South Korea’s stablecoin rulebook gets comfortable. The Seoul-based financial holding company is testing stablecoin issuance, remittance, …
Settlement
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Visa is working with Nium to explore seven-day stablecoin settlement through Singapore’s BLOOM initiative, as the payments giant tests faster and more …
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Finance
ANZ bank stablecoin joins RBA’s push for real-time settlement in Australia
by shayaanby shayaanAustralia’s banking sector just took a notable step into digital assets. ANZ has launched one of the first bank-issued stablecoins in the …
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Lynq CEO Jerald David has said institutional finance needs interoperable settlement systems capable of moving cash and collateral 24/7 as firms adopt …
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Mining
Trump-linked Bitcoin firm reaches $2.5M settlement with DOJ over pandemic loan
by shayaanby shayaanAmerican Bitcoin, a mining company with ties to the Trump family, has agreed to pay $2.5 million to resolve U.S. Department of …
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Markets
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
by shayaanby shayaanPayments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface. www.coindesk.com
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Markets
Kraken Launches Spending Upgrades Enabling Direct Account Balance Card Settlement
by shayaanby shayaanCrypto does not move on one kind of catalyst. Some days it is price, some days it is policy, and some days …
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Finance
‘Demand for dollar settlement is a wages story’ – $7M Pact Labs investment proves it
by shayaanby shayaanTether is shifting stablecoin adoption from crypto markets toward everyday financial infrastructure. By leading Pact Labs’ $7 million Series A, the company …
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Markets
Kraken Adds Arbitrum Stablecoins As Exchanges Keep Chasing Cheaper Settlement Rails
by shayaanby shayaanStablecoin listings can look routine until you pay attention to the chain. Kraken adding USDT0 and USDC.e support on Arbitrum is really …
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Adoption
Hyundai Motor Tests USDT Transfers On Avalanche, Reduces Settlement From Hours To 7 Minutes
by shayaanby shayaanA $20,000 treasury transfer between a US entity and its Mexico operations would normally crawl through correspondent banking rails for several hours. …