Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
Following a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea's largest exchange.…
Visa works with Upbit parent on stablecoin payments, AI commerce
Visa and Dunamu will explore stablecoin payments and remittances, with Open Standard’s proposed OUSD among several projects under review. Source:Cointelegraph
Bank of England set for new innovation mandate covering stablecoins
The UK plans to expand the Bank of England’s remit to support digital payments innovation, including stablecoins, while keeping financial stability first.…
2 charts show why beaten-down Treasury bonds may be due for an epic rebound rally
The mounting U.S. debt is an intractable problem. A quick look at the numbers shows how interest payments are set to snowball, but shortterm relief could be…
The ugly math on interest expenses, yields and the $40 trillion U.S. national debt
“The interest payments are starting to snowball,” said Joe Boyle at Hartford Funds. Source:MarketWatch
US banking groups plan nationwide blockchain network for 2027
BankChain joins a growing field of bankled networks building shared infrastructure for tokenized deposits and onchain payments. Source:Cointelegraph
U.S. state banking associations plan to launch their own nationwide blockchain network
The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system's regulatory…
India plans first tokenized bonds using wholesale CBDC: Report
India plans to test tokenized corporate bonds in a September pilot, with statecontrolled REC issuing the debt and select investors using wholesale CBDC…
US targets Iran’s crypto sector, cites over $100M in oil-linked payments
The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAEbased broker processed over $100 million in crypto for oil sales.…
Korean bank taps Ripple for payments, Pakistan opens crypto licensing: Asia Express
Asia’s biggest crypto hubs are locked in a taxcut arms race, while Ripple will help Korea’s Jeonbuk Bank move money across borders. Source:Cointelegraph
Japan’s SBI leads $68M Fasset round at $1B valuation
Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and to expand stablecoin payments.…
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown sixfold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.…