Stablecoin stories
Customer concerns over fraud and regulation are shaping a cautious rollout, with the bank planning to start on its own digital channels in Hong Kong.
Users on Monad could gain access to the first native Singapore dollar stablecoin, while StraitsX expands into payments and settlement use cases.
More than 600 delegates are expected in Singapore as stablecoin regulation remains unsettled and institutions push deeper into onchain finance.
South Korea's banks and payments firms are testing stablecoin rails, with Kakao Pay and Kakao Bank assessing local rules before any wider rollout.
The enlarged pilot lets up to 20,000 users spend and swap THBT inside TrueMoney, testing blockchain payments for everyday use.
The pilot aims to let shopping bots prove user eligibility for discounts and benefits while keeping personal data hidden from merchants.
The seed round will fund a New York office and expansion across 150 markets as businesses shift to stablecoin-based cross-border payments.
The hire comes as payments firms race to tap Asia Pacific's fast-growing crypto market, where CoinPayments is betting on stablecoin transfers.
The seven-day test suggests stablecoins could cut cross-border settlement delays, with funds reaching Visa in under an hour, even over a weekend.
Clients could soon move and settle funds across card, fiat and stablecoin rails through a single Thredd platform, reducing prefunding needs.
Investors in a beta rollout can earn lease income from silver without handling the metal, as Theo backs thSLVR with more than USD $40 million in leases.
Visa-backed investors have lifted Velocity's Series A to USD $48 million as stablecoin payments gain traction with institutions.
Consumers across Asia Pacific are willing to wait longer for transfers if it reduces scam losses, Visa's survey of 45,000 people found.
Governance concerns are slowing corporate AI adoption, as the updated platform puts humans in control of treasury decisions and keeps actions auditable.
The move could widen USDC use among Samsung Wallet's 82 million US Galaxy users as the stablecoin becomes the app's default dollar option.
More than 90 North Dakota banks and credit unions could soon use a dollar-backed coin to speed interbank transfers through existing online banking channels.
Banks will be able to test dollar-pegged stablecoin settlement inside existing payment systems, reducing the need for separate digital asset infrastructure.
Merchants and businesses in the US can now accept and settle stablecoin payments more easily as Citi and Coinbase link banking rails and crypto wallets.
Institutions wary of public onchain positions now have access to 16 private vaults spanning USDC, USDT, AUSD and tGBP on Morpho.
Merchants could see faster access to funds as SoFi shifts its whole card programme, worth more than USD $25 billion a year, onchain.