Visa has launched a pilot allowing banks and financial institutions to pre-fund cross-border payments using stablecoins. Announced at SIBOS 2025, the Visa Direct stablecoin pilot enables select partners to use Circle’s USDC and EURC as pre-funded assets to facilitate near-instant payouts, according to a Tuesday announcement. “Cross-border payments have been stuck in outdated systems for far…
Blockchain oracle provider Chainlink announced one of the first products from a pilot with UBS Asset Management and Swift, the global financial messaging network, designed to let banks trigger onchain transactions using their existing infrastructure. According to a Tuesday announcement, Chainlink integrated its execution layer, the Chainlink Runtime Environment (CRE), with Swift messaging. The move enables banks…
dYdX and Pocket Pro Bot have launched a social-first integration that lets users create wallets and trade perpetuals with their friends directly inside Telegram group chats. From the earliest Bitcoin forums to today’s group chats, crypto has always thrived in online communities, and Telegram, nearing a billion users worldwide, has become one of the busiest meeting grounds. Conversations there…
The US Securities and Exchange Commission has signalled that it won’t take enforcement action against tokens tied to blockchain-based Decentralized Physical Infrastructure Networks (DePIN). In a no-action letter on Monday, SEC Division of Corporation Finance chief counsel Michael Seaman said he “will not recommend enforcement action” to the SEC for the planned token launch of the DePIN project DoubleZero….
Qatar National Bank Group (QNB), one of the Middle East’s largest banks, has adopted JPMorgan’s blockchain platform, Kinexys, to process corporate payments in Qatar, according to a Monday Bloomberg report. The switch marks a departure from the constraints of traditional banking infrastructure, where cross-border payments are limited to weekdays and can take days to complete….
The crypto industry could be set for a flood of new crypto exchange-traded funds in October, with the US Securities and Exchange Commission set to make their final decisions on 16 crypto ETFs next month. The ETFs are connected to a variety of major altcoins, including Solana, XRP, Litecoin and memecoin Dogecoin, which have final deadlines…
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