Key Highlights BVNK integrated the Stellar blockchain on September 22, 2026, enabling corporate clients in over 130 countries to access high-volume, sub-penny cross-border payments via a single API. The Stellar network processed $55.6 billion across 3.6 billion transactions in 2025 with 5-second average settlement and 99.99% uptime, offering a cost-efficient alternative to traditional banking rails. ...
Key Highlights SoFi becomes the first nationally chartered U.S. bank to settle debit and credit card transactions via blockchain on Mastercard’s global network, processing an estimated $25 billion annually through its SoFiUSD stablecoin. SoFiUSD is backed primarily by cash reserves, redeemable 1:1 for U.S. dollars, and overseen by the Office of the Comptroller of the ...
Key Highlights Stablecoin payments infrastructure firm dtcpay has formally closed a $25 million Series A round with strategic participation from Japan’s SBI Group. The round was initially anchored by Vertex Ventures Southeast Asia & India, with SBI entering via SBI Ventures Asset and the SBI-NTU-Kyobo Digital Innovation Fund. Dtcpay holds a Major Payment Institution license ...
Mastercard’s engagement with Cardano signals potential collaboration rather than direct integration of the blockchain into the payments giant’s core platform. The development opens avenues for future use cases, though it stops short of an established institutional relationship. Should discussions progress into live payment applications, Cardano would gain a notable level of institutional recognition. Cardano’s Stablecoin ...
U.S. Bank Completes Live Cross-Border Payment Pilot With USBDC Stablecoin on Stellar Network U.S. Bank has successfully executed a live cross-border payment pilot using USBDC, its proprietary U.S. dollar-backed stablecoin. The test, announced on September 9, demonstrated the bank’s ability to move its own token between internal entities on the Stellar public blockchain while maintaining ...
Escalating tensions between the United States and Iran have renewed interest in an Iran-backed study examining Ripple’s XRP for cross-border payments. The research has resurfaced as financial sanctions and disruptions to international money transfers dominate headlines, drawing fresh scrutiny to the digital asset’s potential utility in restricted financial corridors. Sanctions Pressure Highlights Alternative Payment Rails ...
Circle Agrees to Acquire Tazapay for $400 Million in All-Stock Deal Circle has agreed to acquire Singapore-based payments company Tazapay for $400 million in an all-stock transaction, according to a September 8 announcement and accompanying U.S. regulatory filing. The acquisition is expected to close in 2027, subject to customary conditions and regulatory approvals, including clearance ...
For a thousand years, the financial industry has sought ways to move wealth virtually. Yet each time innovators develop a faster or more secure method…
Blockchain technology could reshape the infrastructure underpinning cross-border payments, according to Debo Sen, head of digital assets at Citi. Swift’s extensive global network could position…
Ripple Highlights User Humanitarian Engagement as 80% Report Donating or Volunteering Ripple is generating industry discussion this week not through a product launch or regulatory…