HIFI raises $37M to expand stablecoin payments, tokenized markets
Related
Circle Plans Push Into 40 Emerging Markets as Stablecoins Go Mainstream, CEO Says
Circle CEO Jeremy Allaire told Reuters the USDC issuer plans to enter about 40 emerging and developing markets, citing rising demand in Southeast Asia, Latin America, Africa and the Middle East.
Injective, BDACS plan Korean won stablecoin settlement for tokenized assets
Injective and BDACS plan to bring won-backed stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency stablecoins.
OKX eyes emerging markets with yield-offering stablecoin savings and payments app
OKX Money lets users hold, send and spend dollar-backed stablecoins, with qualifying USDG balances earning up to 10% APY.
Uber’s UK banking partner Griffin raises $20M for stablecoin services
The Series B valued Griffin at more than $100 million and will help fund stablecoin reserve services and onchain cross-border payments.
Hong Kong takes tokenized settlement to 24/7, plans stablecoin trials
The HKMA plans to bring regulated stablecoins into tokenized government debt trials, while HSBC says its RedCoin stablecoin has reached 50,000 users.
HSBC launches Hong Kong dollar stablecoin for retail payments
HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses.