Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments
The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first largescale corporate stablecoin rollout.…
South Korea eyes September launch for second phase of CBDC pilot: Report
The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits…
Japanese logistics company eyes JPYC stablecoin to pay drivers
The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly. Source:Cointelegraph
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
Washington views Brazil’s promotion of nondollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollarbased trade,…
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure…
Stablecoin growth will erode bank deposits, says ECB’s Cipollone
ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments. Source:Cointelegraph
ESMA Adds 14 New CASPs to MiCA Register as Licensing Slows
ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294. Source:Cointelegraph
Polygon CEO announces job cuts amid Coinme acquisition
The round of layoffs was part of Polygon transitioning operations to payments following a $250 million deal to acquire Coinme and Sequence in January.…
BitPay secures Dutch licensing under MiCA, plans to expand stablecoin payments
The Dutch Authority for the Financial Markets approved BitPay’s application as a cryptoasset service provider under the Markets in CryptoAssets requirements.…
Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments
If Stripe acquires PayPal, the real prize could be consumer wallets, stablecoin issuance or the infrastructure powering the next generation of digital…
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network. Source:CoinDesk
A $53 billion lifeline? Stripe and Advent reportedly team up to bid for battered PayPal.
PayPal, the struggling payments processor, rallied in premarket trade on Wednesday on a report that rival Stripe is teaming up with privateequity group Advent…