· DeFi & Stablecoins
Aviva Investors Launches Tokenized Share Class on XRP Ledger
Aviva Investors has launched a tokenized share class of its $29 billion Sterling Liquidity Fund on the XRP Ledger.
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DeFi & Stablecoins news
Trading, lending, stablecoins, tokenized assets, and onchain finance.
· DeFi & Stablecoins
Ripple and BNY Explore XRP Ledger Invoice Settlement
BNY added XRP and RLUSD to its custody platform while Ripple tests invoice settlement on the XRP Ledger.
· DeFi & Stablecoins
Central Banks of Malaysia and Thailand Join Singapore's Stablecoin Initiative
Malaysia and Thailand have joined Singapore's BLOOM project to test cross-border stablecoin and tokenized deposit settlements.
· DeFi & Stablecoins
Stablecoins Examined for Institutional Wealth Advisor Adoption
Industry analysis evaluates stablecoin readiness for wealth advisors and prime-time adoption.
· DeFi & Stablecoins
Phantom Integrates Kalshi Prediction Markets Funded with CASH Stablecoins
Phantom wallet users in the US can now access Kalshi prediction markets funded directly with CASH stablecoins.
· DeFi & Stablecoins
OCC Finalizes Stablecoin Rules Under GENIUS Act
The OCC finalized stablecoin rules establishing reserve and redemption standards for issuers ahead of January.
· DeFi & Stablecoins
ECB President Highlights Digital Euro Role in Retail Payment Innovation
According to ECB leadership, the upcoming digital euro aims to stimulate innovation and enhance competition within euro-area retail payments.
· DeFi & Stablecoins
EU Authority Classifies Circle's USDC as Significant Under MiCA
European regulators designated Circle's USDC stablecoin as a significant token under the MiCA regulatory framework.
· DeFi & Stablecoins
Kraken Owner Payward to Acquire Lithuania's Saldo Bank
Payward, the parent company of Kraken, agreed to acquire Saldo Bank in Lithuania as part of its European expansion.
· DeFi & Stablecoins
Tokenized Settlement Platform Multiliquid Secures $8 Million
Multiliquid raised $8 million in funding to build its settlement platform for tokenized financial assets.
· DeFi & Stablecoins
EU authority classifies Circle’s USDC as ‘significant’ under MiCA
European banking authority places Circle’s stablecoin under direct supervision under key MiCA framework guidelines.
· DeFi & Stablecoins
Kraken Owner Payward to Buy Lithuania’s Saldo Bank in EU Expansion Push
Payward plans to acquire Saldo Bank to broaden financial licensing across the European Union.
· DeFi & Stablecoins
Polymarket Overhauls Smart Contracts with Protocol V2 Rollout
Polymarket begins its Protocol V2 rollout ahead of a planned November transition for new prediction markets, while existing positions remain on the current system.
· DeFi & Stablecoins
Lloyds and Visa Settle $750,000 Using USDC in Cross-Border Pilot
Lloyds used USDC to settle $750,000 of payment obligations with Visa during a seven-day live cross-border pilot.
· DeFi & Stablecoins
Canada's Big Six Banks Explore Tokenized Canadian Dollar Deposits
Canada's six largest financial institutions are exploring tokenized Canadian dollar deposits to streamline interbank settlement.
· DeFi & Stablecoins
Coinbase Adds Fixed-Rate Bitcoin Loans via Morpho Midnight
Coinbase integrated Morpho Midnight to offer fixed-rate USDC loans backed by bitcoin collateral.
· DeFi & Stablecoins
U.S. Considers Promoting Dollar Stablecoins to Extend Currency Reach
Reports indicate U.S. policymakers are exploring support for dollar-pegged stablecoins overseas to preserve currency dominance.
· DeFi & Stablecoins
HIFI Raises $37M Series A to Expand Tokenized Settlement Infrastructure
Fintech platform HIFI closed a $37 million Series A round led by Left Lane Capital to scale capital markets infrastructure.
· DeFi & Stablecoins
Visa Study Finds Bank Protections Boost Stablecoin Adoption Intent
Consumer intent to use stablecoins rises from 36% to 56% if bank-level protections are provided, according to Visa research.
· DeFi & Stablecoins
Stablecoin Payments Firm dtcpay Closes $25M Round Backed by SBI
Singapore-based dtcpay completed a $25 million Series A round supported by SBI Group to expand merchant network and payment products.
· DeFi & Stablecoins
Circle Launches Arc Mainnet with Major Financial Institutions
Circle launched the Arc mainnet with participants such as BlackRock, DTCC, and Visa as validators.
· DeFi & Stablecoins
Stablecoin Payments Firm dtcpay Closes $25M Funding Round
Stablecoin payments firm dtcpay closed a $25 million funding round with SBI Group backing.
· DeFi & Stablecoins
Tether and Fasanara Launch $400M Stablecoin Private Credit Fund
Tether and Fasanara are launching a $400 million fund to deploy through Fasanara's global fintech lending network.
· DeFi & Stablecoins
Visa Integrates VisaNet Settlement Data With Blockchain Lending
Visa is combining VisaNet settlement data with blockchain lending alongside growth in stablecoin payment volume.
· DeFi & Stablecoins
DBS and Citi Complete Weekend Payment via Swift Digital Ledger
DBS and Citi completed a live weekend USD payment using tokenized deposits on Swift's Digital Ledger.
· DeFi & Stablecoins
Visa Brings Onchain Credit to Growing Stablecoin Business
Visa is integrating VisaNet settlement data with blockchain lending as stablecoin payment volume expands.
· DeFi & Stablecoins
DBS and Citi Complete Weekend USD Payment via Swift Digital Ledger
DBS and Citi executed a live weekend cross-border payment using tokenized deposits on Swift's Digital Ledger.
· DeFi & Stablecoins
PONS Token Surge Drives Record Fees on Robinhood Chain
PONS reached a new all-time high valuation, driving increased fee activity across the network.
· DeFi & Stablecoins
Revolut and OpenReserve Secure Preliminary US Bank Approval
Revolut and OpenReserve have obtained preliminary approval from the OCC to charter US national banks with crypto and stablecoin integration.
· DeFi & Stablecoins
South Korea Plans Three-Stage Securities Tokenization Starting 2027
South Korea targets phased tokenization across all security types beginning in 2027, incorporating onchain settlement.
· DeFi & Stablecoins
Mantle Adopts Paxos USDG Stablecoin and Joins Global Dollar Network
Mantle Network integrated Paxos-issued USDG as a native stablecoin while becoming part of the Global Dollar Network.
· DeFi & Stablecoins
21 Major Financial Institutions Plan Joint Stablecoin Launch
Bank of America, Citi, and Goldman Sachs are among 21 institutions planning a stablecoin launch focusing initially on a US dollar stablecoin.
· DeFi & Stablecoins
Goldman Sachs, BofA, and Citi Join 21-Institution Stablecoin Consortium
Major financial institutions are planning a joint stablecoin launch focused initially on a U.S. dollar token before expanding to G7 currencies.
· DeFi & Stablecoins
Visa Partners With Upbit Operator Dunamu on Stablecoin Payments in South Korea
Visa is expanding its stablecoin payments push in South Korea through a partnership with Dunamu, building on a previous agreement with Shinhan Financial.
· DeFi & Stablecoins
UK Plans New Bank of England Statutory Objective for Stablecoins
Britain plans to give the Bank of England a dedicated stablecoin objective while keeping financial stability as its primary mandate.
· DeFi & Stablecoins
Revolut Begins Rollout of EURR Euro Stablecoin in Three European Countries
Revolut started rolling out its EURR euro-denominated stablecoin to select customers across Denmark, Poland, and Portugal.
· DeFi & Stablecoins
Mirae Asset Outlines $109 Billion Digital Asset Initiative With Digital X
South Korea's Mirae Asset detailed plans to build a $109 billion digital asset operation around Digital X by 2027.
· DeFi & Stablecoins
Revolut Begins Rollout of EURR Euro Stablecoin in Select European Markets
Revolut has started rolling out its EURR euro stablecoin to customers in Denmark, Poland, and Portugal.
· DeFi & Stablecoins
Franklin Templeton and HashKey Launch Tokenized US Money Fund in Asia
Franklin Templeton and HashKey are rolling out a tokenized U.S. money market fund product in Asia.
· DeFi & Stablecoins
Mirae Asset Outlines $109 Billion Digital Asset Push via Digital X
Mirae Asset mapped out a $109 billion digital asset initiative through Digital X targeting profitability by 2027.
· DeFi & Stablecoins
Arcus DEX Launches pTokens to Convert Perpetual Positions into ERC-20s
Robinhood Chain DEX Arcus introduced pTokens to make perpetual exchange positions tradeable as ERC-20 tokens.
· DeFi & Stablecoins
Franklin Templeton and HashKey roll out U.S. tokenized money fund in Asia
Franklin Templeton and HashKey announced the Asian rollout of tokenized U.S. treasury and money market funds.
· DeFi & Stablecoins
Euro stablecoins get a mainstream push as Revolut begins rolling out EURR in Europe
Revolut initiated the rollout of its EURR euro stablecoin to a select customer cohort in Denmark, Poland, and Portugal.
· DeFi & Stablecoins
Standard Chartered becomes first bank distributor of HKD stablecoin
Standard Chartered became a bank distributor for HKD stablecoin, targeting tokenized money market fund settlements in Q4.
· DeFi & Stablecoins
Robinhood Chain DEX Arcus launches pTokens to turn perp accounts into transferable ERC-20s
Arcus launched pTokens on Robinhood Chain, enabling perpetual accounts to be tokenized into transferable ERC-20 positions.
· DeFi & Stablecoins
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
Fasset reached a $1 billion valuation after raising $68 million in funding backed by SBI Holdings to support expanding stablecoin payments and settlements.
· DeFi & Stablecoins
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
CoinDesk reported that stablecoin neobank Fasset achieved a $1 billion valuation following investment from SBI Holdings and raised $68 million as revenue grew six-fold.
· DeFi & Stablecoins
Korean bank taps Ripple for payments while Pakistan opens crypto licensing
CoinTelegraph reported that Korea's Jeonbuk Bank tapped Ripple for cross-border payments while Pakistan initiated crypto licensing frameworks.
· DeFi & Stablecoins
StanChart and HSBC execute first live transaction on Swift blockchain ledger
Standard Chartered and HSBC executed a live transaction connecting separate tokenized deposit systems across Swift's blockchain ledger.
· DeFi & Stablecoins
Ethena diversifies USDe backing with $1 billion FalconX facility
Ethena established a $1 billion facility with FalconX to back USDe with institutional overcollateralized loans and diversify beyond crypto funding rates.
· DeFi & Stablecoins
Laser Digital wins Japan crypto liquidity approval
Nomura-backed Laser Digital secured approval in Japan to offer crypto liquidity services to domestic providers.
· DeFi & Stablecoins
Jeonbuk Bank Adopts Ripple Payments for Cross-Border Remittances
South Korea's Jeonbuk Bank adopted Ripple Payments for 24/7 cross-border business remittances as reported by Cointelegraph.
· DeFi & Stablecoins
Standard Chartered and HSBC Execute Live Transaction on Swift Blockchain Ledger
Standard Chartered and HSBC executed a live transaction connecting tokenized deposit systems via Swift's blockchain ledger as reported by Cointelegraph.
· DeFi & Stablecoins
South Korean Jeonbuk Bank Adopts Ripple Payments Service
Jeonbuk Bank is adopting Ripple Payments for 24/7 cross-border business remittances, according to reports.
· DeFi & Stablecoins
Visa Searches for New Stablecoin Settlement Partner Following BVNK Sale
Visa is seeking a new stablecoin settlement partner after BVNK was acquired by Mastercard.
· DeFi & Stablecoins
Standard Chartered-Backed Anchorpoint Begins HKDAP Stablecoin Rollout
Anchorpoint, supported by Standard Chartered, initiated an institutional rollout of its Hong Kong dollar stablecoin HKDAP following regulatory approval.
· DeFi & Stablecoins
Bank of England Tests Stablecoin and Digital Pound Interoperability
The Digital Pound Lab tested cross-border trade finance settlement combining stablecoin payments with simulated digital pound settlement.
· DeFi & Stablecoins
Standard Chartered Analyst Projects LINK Target of $200 by 2030
Standard Chartered analyst Geoffrey Kendrick projected that Chainlink's LINK token could reach $200 by the end of 2030, driven by tokenized asset growth.
· DeFi & Stablecoins
Mastercard Completes $1.8 Billion BVNK Acquisition for Stablecoin Infrastructure
Mastercard announced the acquisition of crypto infrastructure provider BVNK for $1.8 billion to enhance its stablecoin payments and settlement capabilities.
Based on primary company announcement; integration timelines and volume metrics were not disclosed.
· DeFi & Stablecoins
Visa Partners With Zero Hash to Integrate Stablecoin Capabilities on Visa Direct
Visa expanded its stablecoin infrastructure by collaborating with Zero Hash to integrate stablecoin capabilities into Visa Direct.
Based on product partnership announcement; processing volume metrics were not detailed.
· DeFi & Stablecoins
MoonPay introduces PayBox AI vault for ChatGPT and Claude transactions
MoonPay launched PayBox, an AI payment vault enabling ChatGPT and Claude users to authorize crypto purchases, token swaps, and cross-chain transactions while maintaining self-custody.
· DeFi & Stablecoins
MoonPay vault enables ChatGPT and Claude users to authorize crypto transactions
MoonPay’s PayBox vault lets ChatGPT and Claude users authorize crypto purchases, token swaps and crosschain transactions while retaining custody of their assets.
Applies only to MoonPay's PayBox software feature release as announced by the project; does not measure usage or external adoption.
· DeFi & Stablecoins
Visa CEO sidesteps labeling Open USD a challenger to Tether and USDC: ‘Our role is not to pick winners’
The payment giant will "remain multi-coin, multi-chain" and "not to pick winners" as stablecoins are poised to proliferate.
Based on comments by Visa CEO Ryan McInerney regarding Visa's multicoin strategy; does not reflect a change in network settlement volume or new stablecoin issuance.