Visa’s Stablecoin Settlement Run Rate Tops $25B, Up Tenfold
Visa says its stablecoin settlement pace has exceeded $25 billion annualized, up tenfold year on year, as blockchain support and card programs expand.
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Mastercard and BVNK Launch Global Money Platform for Fiat and Stablecoins
Mastercard and BVNK’s new Global Money Platform combines fiat accounts, stablecoins, cards and bank payouts, with Nuvei and Marqeta among early integrators.
Ether.fi Introduces USD Stablecoin Powered by Ethena
Ether.fi USD will use Ethena Whitelabel for reserves, minting and redemption, building on more than $300 million in existing stablecoin balances.
Fiserv Launches Roughrider Coin on Solana for North Dakota Banks
Bank of North Dakota’s Roughrider Coin is the first live deployment on Fiserv’s digital asset platform, with VersaBank handling issuance and reserves.
Open USD Launches With 200+ Partners, Including Visa, Mastercard and Stripe
Visa, Mastercard and Stripe are among more than 200 Open Standard partners backing OUSD, whose model shares reserve income with participating businesses.
Circle Launches cirBTC on Ethereum to Unlock Institutional Bitcoin in DeFi
cirBTC aims to capture the massive pool of dormant Bitcoin liquidity currently sidelined from decentralized finance.
Paxos
Paxos is a privately held regulated blockchain and stablecoin infrastructure company focused on regulated stablecoin, tokenization, custody, and settlement infrastructure for global enterprises.