U.S. Bank Tests USBDC in Cross-Border Stellar Payment
U.S. Bank completed an internal cross-border payment with its USBDC stablecoin on Stellar, testing bank controls alongside public-blockchain settlement.
Author: Crypto Payments News Desk
BlackRock Stablecoin Reserve Fund Reports $50 Million First-Month Portfolio
BlackRock’s tokenized stablecoin reserve fund reported $50.1 million in net assets for August, with its portfolio invested entirely in US Treasury debt.
UK Lords Add Digital Assets Strategy Requirement to Finance Bill
A House of Lords amendment would require the Treasury to consult on a UK digital assets strategy, including access to banking, payment and settlement services.
Coinbase and Moov Link Stablecoin Services to Community-Bank Payment Stacks
Coinbase and Moov are integrating stablecoin acceptance, settlement and funding capabilities into payment systems serving community financial institutions.
MoneyGram Launches Stablecoin-Backed Visa Card in Colombia
MoneyGram has launched a virtual, stablecoin-backed Visa card in Colombia, linking an in-app dollar balance with merchant spending and cash pickup.
Swiss CHFD Stablecoin Sandbox Starts Testing With SIX and TWINT
Nine Swiss financial companies are testing CHFD for programmable payments and tokenized settlement, with the pilot scheduled to run through 2026.
Visa Links Settlement Data to Onchain Credit for Stablecoin Card Programs
Visa is combining VisaNet settlement data with blockchain-based lending to support working-capital financing for stablecoin-linked card programs.
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.
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.