Uzbekistan Starts Government Bond-Backed HUMO Payment Pilot
Uzbek regulators have started a controlled pilot for HUMO, a soum-pegged token backed by government securities, with more than 20 merchants prepared to participate.
Author: Crypto Payments News Desk
QuFi Launches Post-Quantum Verification Layer With Bitcoin Testnet Demo
QuFi launched an external verification layer and a Bitcoin Testnet4 proof of concept, but has not disclosed a production deployment or independent audit.
OCC Gives Revolut and OpenReserve Preliminary Bank Approvals
The OCC granted preliminary conditional approval for proposed national banks from Revolut and OpenReserve, both with planned digital-asset payment services.
Fed Study: US Noncash Payments Hit 236.6 Billion in 2024
The Federal Reserve’s first results from its 2025 payments study show cards drove transaction growth while ACH handled 74% of noncash value in 2024.
Mastercard and Borderless Test Shared Compliance Signals for Stablecoin Payments
Mastercard and Borderless.xyz are piloting reusable assurance signals for cross-border stablecoin payments, with three providers named as participants.
Mantle Adds Native USDG and Joins Global Dollar Network
Paxos-issued USDG is now natively minted on Mantle, adding a regulated dollar settlement asset and bringing the network into GDN’s reward-sharing model.
Bybit Pay Joins Mesh Network for Direct Crypto Payments
Bybit Pay is now available through Mesh, letting supported platforms add payments funded directly from users’ Bybit balances.
Payward and SoFi Link Stablecoin, Banking and 24/7 Settlement Services
Payward and SoFi have announced a partnership covering SoFiUSD on Kraken, real-time dollar settlement and Kraken Prime execution services.
ECB Draws Digital Euro Privacy Boundary Around Banks
The ECB says it would not be able to identify digital euro payers or recipients, while banks would retain the data needed for anti-money-laundering checks.
Thailand Travel Rule Adds Self-Hosted Wallet Checks
Thailand’s crypto Travel Rule will require digital asset operators to verify control of self-hosted wallets and retain transfer records for five years.
21 Financial Institutions Commit to 2027 Dollar Stablecoin Plan
A group spanning banks and asset managers plans to form a new company in 2026 and target a US dollar stablecoin launch in the first half of 2027.
Ethena Pay Opens Limited USDe Payments Beta on Avalanche
Ethena Pay has opened a limited iOS beta built on Avalanche, combining USDe balances, card spending, bank transfers and fiat on-ramps.