Revolut has begun rolling out EURR, its first euro-pegged stablecoin, issued via Stripe-owned Bridge, starting in Denmark, Poland and Portugal.
Unified financial infrastructure platform, Payward, which also operates the Kraken crypto exchange, has agreed to acquire Reap Technologies, the company announced Thursday. Reap is a stablecoin-native card issuance and payments infrastructure company. Payward will pay up to $600 million in a mix of cash and stock, in a transaction that values Payward's equity at $20 …
Stripe has partnered with Amazon Web Services to provide wallet infrastructure and payment rails for AgentCore payments, the company announced on Thursday. The move will see a new set of features within Amazon Bedrock AgentCore that enable artificial intelligence agents to autonomously access and pay for digital resources. It allows AI agents to instantly pay …
On Monday, Western Union announced USDPT, a US dollar-denominated payment stablecoin built on the Solana blockchain. The payments giant believes the move marks a significant step towards regulated, digital-first financial infrastructure. The stablecoin, backed by US dollars and issued by Anchorage Digital Bank, the first federally regulated crypto bank in the United States, is designed …
The Hong Kong Monetary Authority has granted stablecoin issuer licences to Anchorpoint Financial Limited and The Hongkong and Shanghai Banking Corporation Limited, marking the first licences issued under the city's Stablecoins Ordinance. The move is seen as a milestone in Hong Kong's development as a regulated digital asset hub. The licences took effect on 10 …
Seven major Swiss financial institutions have joined forces to launch a sandbox environment for testing a Swiss franc stablecoin. UBS, PostFinance, Sygnum, Raiffeisen, Zürcher Kantonalbank, Banque Cantonale Vaudoise and Swiss …
