ECB’s Schnabel Backs On-Chain Central Bank Money as Pontes Nears Launch
Isabel Schnabel argued that central bank reserves should become native programmable assets as the Eurosystem prepares to launch Pontes in September.
Author: Crypto Payments News Desk
The Sandbox Retires SAND Bridge After Exploit, Plans 1:1 Compensation
The Sandbox will compensate eligible SAND holders after a bridge exploit and permanently retire the affected Base and BNB Smart Chain contracts.
Visa and Dunamu Explore Stablecoin Payments and Remittances
Visa and Upbit operator Dunamu have agreed to explore stablecoin payments, remittances and AI commerce, but have not announced a live service.
Mirae Sets 150 Trillion Won Digital X Growth Target
Mirae Asset has set a 150 trillion won target for its Digital X digital-asset business, with stablecoins and tokenization among four planned areas.
UK Proposes Bank of England Payments Innovation Objective
The UK plans a secondary Bank of England objective for innovation in systemic payment systems, including those using stablecoins.
Better Opens Bitcoin-Backed Mortgage Program With Coinbase Custody
Better Mortgage has opened applications for a two-loan home-finance structure that uses Bitcoin as down-payment collateral held through Coinbase Prime.
Operation Lighthouse Flags 7,700 Accounts in Crypto Abuse Probe
A Chainalysis-led intelligence sprint generated 14,300 investigative leads across 11 crypto exchanges and payment services.
Revolut Begins EURR Stablecoin Rollout in Three European Markets
Revolut has started a phased rollout of Bridge-issued EURR to selected customers in Denmark, Poland and Portugal, with external-wallet support planned to widen as liquidity develops.
BankChain Alliance Targets 2027 Launch for US Bank Blockchain Network
Thirty-nine state banking associations have formed BankChain Alliance, but its technology, bank participants and operating model remain unsettled.
Standard Chartered Joins HKDAP as First Bank Distributor
Standard Chartered’s Hong Kong bank has become HKDAP’s first bank distributor, adding a regulated institutional channel to the stablecoin’s phased rollout.
USD1 Goes Live Natively on Canton for Tokenized-Asset Settlement
World Liberty Financial’s USD1 is now natively available on Canton, moving a previously planned integration into production availability for institutional settlement.
Report: India Plans Tokenized Bond Pilot With Wholesale CBDC
India is reportedly preparing a September pilot in which REC would issue tokenized corporate bonds and investors would settle purchases with wholesale CBDC.