PayPal Puts Stablecoins and Agentic Payments in Q2 Strategy
PayPal identified stablecoins and agentic payments as expansion areas while Q2 payment volume reached $486.4 billion, up 10% year over year.
Author: Crypto Payments News Desk
Triple-A Says Treasury Wallets Breached, Client Funds Unaffected
Stablecoin payments provider Triple-A says unauthorized access affected company treasury wallets, while client funds remained segregated and services were restored.
Kakao and Circle Explore Won Stablecoin Payment Infrastructure
Kakao, Kakao Pay and KakaoBank signed an MOU with Circle to study won-linked digital assets, cross-border payments and merchant settlement.
BPI Plans Stablecoin Rail for Inbound Cross-Border Payments
BPI is preparing a stablecoin settlement pilot with Meridian for overseas payroll and other inbound payments to Philippine bank accounts.
EU Names HTX in Russia Sanctions With August Transaction-Ban Date
The EU has added HTX to a Russia-sanctions annex covering third-country crypto and payment providers, with the exchange’s listing dated to take effect August 23.
Bank of Korea Prepares September Return for Tokenized Deposit Pilot
Project Hangang’s second phase could restart real-value testing in September with nine banks, P2P transfers and programmable government payments.
BIS Researchers Find Stablecoin Flows Resist Capital Controls
A new BIS working paper finds stablecoin inflows respond to economic stress but show little measurable sensitivity to capital controls.
Hyundai Tests USDT for Cross-Border Treasury Settlement
Hyundai’s US and Mexican units completed a $20,000 USDT transfer pilot, testing stablecoin settlement within an established corporate treasury process.
AZ-COM Maruwa Plans JPYC Payments for 2,300 Logistics Partners
The Japanese logistics group plans to use yen-denominated JPYC for contractor payments, testing stablecoins in a high-volume business workflow.
US and UK Set Shared Direction for Cross-Border Stablecoin Rules
A joint policy statement backs one-to-one reserves, protected redemption rights and pathways for regulated stablecoins to reach both markets.
JCB and Circle to Explore USDC Treasury and Merchant Payments
The Japanese card network and Circle will study USDC-based internal fund transfers and merchant payments, but have not announced a commercial launch.
Fortris Accused of Processing Payments for Offshore Betting Sites Serving U.S. Customers
A source alleges that Fortris processes payment flows for offshore betting companies serving U.S. customers outside licensed state markets.