Stablecoin cross-border flows surge 78%, defying crypto bear market
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U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain.
Citi, DBS complete first weekend tokenized cross-border deposit on Swift
Citi and DBS completed their first tokenized cross-border transfer over the weekend, using Swift’s blockchain-based ledger to circumvent the constraints of traditional banking hours.
Mirae Asset lays out crypto, stablecoin, tokenization plans
The South Korean financial group plans to build a $109 billion digital asset business spanning crypto, stablecoins and tokenized assets, according to The Korea Times.
Raiffeisen to offer crypto trading across 11 European markets via Bitpanda
Bitpanda will provide crypto infrastructure to Raiffeisen network banks, potentially extending digital asset access to about 18 million customers.
Circle to acquire Tazapay to expand USDC cross-border payments
Tazapay processes $25 billion in annualized volume and offers payout rails across 100-plus markets, extending Circle’s USDC payments reach.
Singapore weighs recognizing some foreign-issued stablecoins
Singapore is considering allowing jointly issued cross-border stablecoins into its regulatory regime, revisiting its earlier decision to restrict the framework to domestic issuance.