WTO Says Regulation and Fiat Rails Constrain Stablecoin Trade Payments
A new WTO report finds that stablecoins could ease selected cross-border payment frictions, but fragmented rules, fiat conversion and limited interoperability constrain adoption.
A new WTO report finds that stablecoins could ease selected cross-border payment frictions, but fragmented rules, fiat conversion and limited interoperability constrain adoption.
U.S. Bank completed an internal cross-border payment with its USBDC stablecoin on Stellar, testing bank controls alongside public-blockchain settlement.
BlackRock’s tokenized stablecoin reserve fund reported $50.1 million in net assets for August, with its portfolio invested entirely in US Treasury debt.
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 are integrating stablecoin acceptance, settlement and funding capabilities into payment systems serving community financial institutions.
MoneyGram has launched a virtual, stablecoin-backed Visa card in Colombia, linking an in-app dollar balance with merchant spending and cash pickup.
Nine Swiss financial companies are testing CHFD for programmable payments and tokenized settlement, with the pilot scheduled to run through 2026.
Visa is combining VisaNet settlement data with blockchain-based lending to support working-capital financing for stablecoin-linked card programs.
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.
Mastercard and Borderless.xyz are piloting reusable assurance signals for cross-border stablecoin payments, with three providers named as participants.
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.
Payward and SoFi have announced a partnership covering SoFiUSD on Kraken, real-time dollar settlement and Kraken Prime execution services.