Kbank Partners With Ripple for Blockchain Remittance
South Korean internet-only lender Kbank has partnered with Ripple to pilot blockchain-based cross-border payments amid shifting domestic digital asset regulations.
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They aim to combine the efficiency of blockchain transactions with the price stability of traditional money. Stablecoins are commonly used for trading, payments, and transferring value across crypto platforms. Some are backed by reserves, while others rely on algorithms or crypto collateral. Their growing use has made stablecoins a key bridge between traditional finance and the crypto economy.
South Korean internet-only lender Kbank has partnered with Ripple to pilot blockchain-based cross-border payments amid shifting domestic digital asset regulations.
Western Union CEO Devin McGranahan confirmed that the company’s Solana-based stablecoin, USDPT, is in its final preparation stages for a scheduled launch next month.
Negotiations on a landmark US crypto bill are nearing agreement on stablecoin rewards, though debates over ethics and financial crime continue to pose challenges.
DoorDash is integrating stablecoin payments via Tempo’s blockchain, bringing crypto-powered payouts to its global driver and merchant network.
Coinbase unveils Agentic.market, an app store-like platform built on x402 that allows AI agents to access and transact with digital services autonomously.
France is pushing European banks to expand euro-pegged stablecoins and tokenized deposits, aiming to strengthen regional digital finance and reduce dependence on dollar-based systems.
The UK Financial Conduct Authority is gathering industry feedback on crypto rules covering stablecoins, custody, trading, and staking as it prepares for a full regulatory regime in 2027.
eToro is acquiring Israeli self-custodial crypto wallet provider Zengo for approximately $70 million. The key goal behind this step is to enhance its blockchain capabilities and expand into decentralized trading and tokenized asset infrastructure.
Tether has introduced tether.wallet, a self-custodial app designed to simplify digital asset use and expand access to global financial infrastructure.
Visa has launched a validator node on the Tempo blockchain, deepening its role in stablecoin infrastructure and real-time payment settlement.