StanChart, HSBC execute first live transaction on Swift blockchain ledger
The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 crossborder payments.…
US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs
The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution…
TikTok code includes peer-to-peer payments over messaging: Bloomberg
The feature, which follows earlier moves into financial transactions, is not yet being tested anywhere, a spokesperson said. Source：CoinDesk
MoonPay adds Cash App Pay for crypto purchases by US customers
Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business. Source：Cointelegraph
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its crossborder payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.…
RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg
A spokesperson for the stablecoin payments company declined to comment on any IPO plans. Source：CoinDesk
Crypto payments barely register among euro area merchants, ECB finds
Crypto acceptance was just 0.2% online and remained below 1% at physical points of sale, while mobile payments gained ground. Source：Cointelegraph
Bank of England tests stablecoin, digital pound interoperability in cross-border payments
The Digital Pound Lab is testing a crossborder trade finance flow combining stablecoin payments with simulated digital pound settlement. Source：Cointelegraph
America doesn’t need a second-class payments system
If an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital's…
Ravencoin could roll back four days of transactions after critical block flaw
Two mining pools controlling most of Ravencoin’s hashpower are building a replacement chain from before Friday’s first invalid block, putting deposits,…
Payments platform Decta explores stablecoin-enabled treasury settlement
Decta will use USDC through OpenPayd’s infrastructure for international treasury settlement, seeking faster transfers and more efficient liquidity management.…
Bitwise's Rasmussen: Circle is mispriced as stablecoins head toward trillions
Bitwise's Ryan Rasmussen says investors are underestimating Circle as stablecoins expand and the company builds out its payments infrastructure. Source：CoinDesk