INFINIOS to Integrate Circle Stablecoins for Middle East Payments
Bahrain-based INFINIOS will integrate Circle’s USDC, EURC and onchain payment tools for cross-border payments, treasury and merchant settlement.
Category: Stablecoins
BIS Sets Two-Track Agenda for Stablecoin Risks and Tokenised Money
The Bank for International Settlements has called for coordinated stablecoin safeguards alongside development of tokenised central and commercial bank money.
Bank of England Replaces Stablecoin Holding Limits With £40bn Issuance Guardrail
The Bank of England dropped proposed individual and business holding limits for systemic stablecoins, replacing them with a temporary £40 billion issuance guardrail per product.
msUSD Loses Dollar Peg After Accountable Ends Verification Agreement
Main Street Finance’s msUSD fell sharply below $1 after verification provider Accountable terminated its agreement with the protocol, exposing the payment and liquidity risks of verifier-dependent stablecoin designs.
US Agencies Propose Bank-Style Customer Checks for Stablecoin Issuers
Five US financial regulators have proposed customer identification requirements for permitted payment stablecoin issuers, bringing issuer onboarding closer to bank standards.
Trace Finance Raises $32M to Expand Cross-Border Settlement Infrastructure
Trace Finance has raised a $32 million Series A led by CoinFund to expand its regulated cross-border payments, FX and settlement infrastructure.
StraitsX Adds Samsung Pay Support for Stablecoin Card Programs
StraitsX has added Samsung Pay to its card-issuing stack, completing support for the three major mobile wallets used by its stablecoin-backed card programs.
State Street Targets Stablecoin Reserves With New Money Market Fund
State Street has introduced a government money market fund for stablecoin reserve managers, with Anchorage Digital and State Street Bank among its initial investors.
Flutterwave Plans RLUSD Payment-Rail Integration After Ripple Investment
Ripple joined Flutterwave’s Series E as the companies outlined plans to add RLUSD settlement and XRP Ledger clearing to African payment flows.
UFC Pays $250,000 in USD1 Stablecoin Bonuses at White House Event
Two UFC fighters received $125,000 each in USD1 as part of their performance awards, putting stablecoin payouts into a high-profile compensation package.