Malaysia and Thailand join Singapore's BLOOM initiative for stablecoin and tokenized-deposit settlement. Ripple's earlier pilot shows what remains unproven.
Visa Direct moves USDC prefunding into commercial production with Inyo Global. Eligible payment firms can fund payouts around the clock; country limits remain.
DriveWealth will integrate Ripple's RLUSD on XRP Ledger for Europe-first settlement and funding. U.S. expansion is planned; launch dates and volumes remain undisclosed.
Samsung Wallet plans USDC transfers for eligible U.S. Galaxy users in late October, with bank payouts to 60-plus countries. Bank-transfer fees still apply.
Polygon adds TRON to Open Money Stack, connecting a $94B USDT market to U.S. payment rails. Custody, cash-out timing and access limits remain crucial.
StraitsX plans native XSGD and XUSD on Monad in early 2027. Its nearly $70B annualized transaction figure is company-wide; card services remain under review.
Lloyds and Visa completed a seven-day USDC pilot, moving $750,000 in obligations in under an hour, including weekends. Costs and rollout remain undisclosed.
Circle's $400 million Tazapay stock deal targets local payouts across 100-plus markets. The acquisition awaits regulatory approvals and a 2027 closing.
Russia's new crypto-market framework starts September 1, allowing regulated trading but limiting non-qualified investors to ₽300,000 a year per intermediary after a test.
Mento Protocol has launched a USDm/EURm liquidity pool on Polygon, bringing oracle-priced onchain foreign exchange to a network handling more than $11.1 billion in non-dollar stablecoin transfers.
KB Kookmin Bank plans to use JPMorgan's Kinexys blockchain network for corporate USD payments across 10 countries in August, putting a major South Korean lender on 24/7 institutional settlement rails.
Circle and JCB have signed an MOU to explore USDC settlement and merchant payments, putting a 72 million-merchant network at the center of the stablecoin adoption race.
Hyundai Card completed a live $20,000 USDT transfer between Hyundai Motor's U.S. and Mexico units on Avalanche, then set a European stablecoin pilot for July.
Swift's new blockchain ledger is ready for initial use, with 17 banks preparing tokenized-deposit pilots for 24/7 cross-border payments.
Chainlink joined Project Pangea with European and Korean bank groups to test T+0 EUR-KRW stablecoin FX settlement through Swift-compatible rails.
Ripple joined Flutterwave's Series E at a 3.2B valuation, putting RLUSD, XRP Ledger and Ripple Payments into African payment rails.
Brazil banned crypto and stablecoins inside regulated eFX cross-border payment rails, but the move shows stablecoin adoption is now too large for central banks to ignore.