Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the Londonbased payments infrastructure firm at $200 million, CEO Eric Queathem said.…
When people with student debt try to save for retirement, they fall behind early and never catch up
If all employers matched debt payments, workers would save more than $10 billion. Source:MarketWatch
XRP Ledger is one vote away from starting its next big payments upgrade
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change. Source:CoinDesk
Fragmented regulations limit stablecoin adoption in international finance: WTO head
Stablecoins may reduce trade finance friction, fragmented regulatory regimes limit their adoption to just 3% of global payments, according to the World Trade…
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
Payments and capital markets are driving growth for Ripple's $2.4 billion digital dollar as it looks to bring RLUSD to Europe under MiCA, the firm's Jack…
MoneyGram launches Visa stablecoin card as remittance rivals expand
MoneyGram is following rival Western Union’s lead, rolling out a Visa stablecoin debit card as it expands blockchainbased payments. Source:Cointelegraph
Threatened with arrest online? Recognizing a law enforcement impersonation scam
Socalled digital arrest scams use false claims of authority to pressure victims virtually into making rapid digital payments, including cryptocurrency…
U.S. Bank takes next step towards launching its stablecoin with cross-border payment test
The fifthlargest U.S. commercial bank said it is exploring USBDC stablecoin for treasury payments, liquidity management and collateral after completing a live…
Circle agrees to buy cross-border payments firm Tazapay for $400 million
The deal could grant Circle vital, regulated "lastmile" infrastructure, bridging the gap between stablecoins and traditional local banking systems.…
Circle to acquire Tazapay to expand USDC cross-border payments
Tazapay processes $25 billion in annualized volume and offers payout rails across 100plus markets, extending Circle’s USDC payments reach. Source:Cointelegraph
Uzbekistan begins government bond-backed stablecoin payment pilot
Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank. Source:Cointelegraph
DBS and Citi complete weekend USD payment via Swift’s Digital Ledger using tokenized deposits
The transaction is the second confirmed live use of Swift's blockchain ledger, coming as the network races to prove it can compete with digital payment rails…