Stablecoin Payments Tracker

Tether-backed Oobit expands stablecoin payouts to local bank accounts for efficient payment settlements.

• Targets merchant use cases like local...

• Massive acquisition: Mastercard to buy BVNK for up to $1.8B (incl. $300M contingent), enhancing cross-border, remittances, and B2B payments via...

Card Network & PSP Acquisitions

• 🔥 Mastercard Acquires BVNK: Mastercard announced a definitive agreement to acquire BVNK, a stablecoin...

Strategic M&A wave: Mastercard acquires BVNK, stablecoin infrastructure leader, for up to $1.8B (incl. $300M); follows Stripe's $1.1B Bridge deal,...

Key FATF warnings on stablecoins:

• Becoming preferred method for illicit finance
• Issuers must enforce full KYC on all holders, including...

Stablecoins enable cross-border payment solutions through integrations with major card networks like Mastercard and PayPal.

U.S. regional banks are developing the Cari Network, a tokenized deposit platform on ZKsync for instant interbank transfers—keeping funds regulated...

Thunes has extended its Pay-to-Stablecoin-Wallets solution to 11,500 Swift-connected banks, enabling real-time stablecoin payouts to 500 million wallets.
Key leap for global merchant settlements via traditional rails.

Economic edge in high-cost corridors: Legacy FX hits 8% fees to Argentina/Nigeria, with 81% from banking infra—stablecoins bypass via atomic...

Strategic regulated entry: Ripple to apply for Brazil's Central Bank VASP license while launching integrated platform for banks/fintechs combining...

Key merchant breakthrough: xMoney partnered with Domino's Pizza for crypto payments, bridging Web3 to real-world retail amid $5T traditional payments...

Mastercard is making a $1.8 billion bet on stablecoins via acquisition of a stablecoin company—a massive card network push toward stablecoin integration into merchant payments.

Merchant Payment Launches

• 🔥 OKX Stablecoin Payments at GrabPay: OKX Singapore launched stablecoin payments allowing customers to pay at local...

PayPal scales PYUSD wallet access to 70 countries (adding 68 like Uganda, Colombia, Peru), from just U.S./U.K.

• Cross-border boost: Users...

Stablecoins as 24/7 B2B solution: Sul Payments connects local rails to global stablecoin liquidity for Latin America-Europe flows, fixing SWIFT's...

• Market surge: Stablecoins cross $300B, shifting to everyday finance with 1/3 user savings and 35% gig income held in them.
• User optimism: 75%...

dtcpay secures $10M Series A funding to scale its stablecoin payments business across licensed markets – strong signal for mid-market infrastructure growth in global merchant payments.

Key regulatory shift for stablecoin custody: FDIC plans to exclude stablecoins from pass-through deposit insurance.

• Chairman Hill cites Genius Act...

• Xflow leads India's B2B cross-border payments, raising $16.6M Series A at $85M valuation; founded 2021 by ex-Stripe India head Anand Balaji.
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Key developments in bank-led stablecoins:

• Eight major European banks now offer crypto services
• Consortium plans Qivalis, euro-backed stablecoin
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