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.
Category: Payment Infrastructure
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.
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.
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.
Banks Test Post-Quantum Wallets in Cross-Regional Pilot
Bison Bank and DK Bank will test post-quantum wallet creation and transfers while three financial regulators initially participate as observers.
MoonPay Adds Cash App Pay to US Crypto Checkout
Eligible US customers can now fund digital-asset purchases through MoonPay using Cash App Pay, including at a group of partner wallets and apps.
HSBC, Standard Chartered Complete First Live Transaction on Swift Ledger
The banks used Swift’s blockchain ledger to coordinate tokenized-deposit obligations before final settlement through existing payment systems.
Toyota Finance Opens Tokenized Bond Sales Through Toyota Wallet
Toyota Finance has opened applications for a ¥1 billion security-token bond sold directly to retail investors through the Toyota Wallet ecosystem.
MUFG Starts Onchain Japanese Government Bond Repo Test
MUFG companies are testing onchain JGB repo settlement on Canton, with tokenized deposits or stablecoins among the digital-money options under review.
Dubai’s Nol Account-Based Ticketing Upgrade Reaches 72%
Dubai’s RTA says its Nol account-based ticketing overhaul is 72% complete, with QR tickets, bank cards and digital-wallet acceptance planned.
Philippine Cost-Based Electronic Transfer Fee Rules Take Effect
New Philippine rules tie person-to-person electronic transfer fees to documented costs and require recipients to receive the full amount sent.
India and Seychelles Sign UPI Deployment Agreement
India and Seychelles signed an agreement to deploy UPI infrastructure, opening a new implementation track for account-based digital payments.