Bank of Korea Opens 24-Hour Won Settlement Pilot
The Bank of Korea has started a four-bank pilot that extends won settlement across global business hours ahead of planned full operation in January 2027.
Tag: payment infrastructure
dtcpay Closes $25M Series A With SBI Backing
Singapore-based dtcpay has completed a $25 million Series A and plans to expand its stablecoin payment products and merchant network.
Circle Agrees $400 Million Tazapay Deal to Extend USDC Payment Reach
Circle has agreed to acquire Tazapay in an all-stock deal, adding local payout connections across more than 100 markets to its USDC payments strategy.
Circle Launches Arc Mainnet With USDC-Paid Network Fees
Circle’s Arc mainnet is live with network fees paid in USDC, more than 20 fiat stablecoins and interoperability with over 20 blockchains.
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.
MoneyGram Extends Cash-to-Crypto Ramps to Solana
MoneyGram has made its cash-to-crypto and crypto-to-cash infrastructure available to Solana wallets and developers, with Rift as the first integration.
Bank of Italy Study Finds Fiat Rails Drive Stablecoin Remittance Costs
A Bank of Italy research paper finds that stablecoin remittance costs and speed depend more on exchanges, conversion and domestic payment rails than on blockchain fees.
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.
Rain Adds Integrated Loyalty to Stablecoin Card Platform
Rain opened its native rewards layer to eligible card-program partners, bringing loyalty configuration, onchain points and redemption into its issuing stack.