A 2024 law legalized mining and created an experimental regime for crypto-based cross-border settlements.The Bank of Russia also widened access in 2025 by allowing qualified investors to buy crypto-linked financial products.
Web3 payments
Stablecoins, onchain settlement, programmable money, treasury, and convergence with traditional payment rails.
The chain built to put equities onchain has tripled in size since mid-July, and a dozen tokenized stocks are now each clearing $500,000 a day. Real-world assets are growing fast, though memecoins and stablecoins still dominate the chain.
Smartphones, FinTech platforms and regional institutions could put stablecoins in front of millions of users, but consumer awareness remains low and the industry has yet to demonstrate a compelling everyday advantage over cards and bank payments. Stablecoins spent years waiting for regulatory legitimacy.
Financial institutions, fintech companies, payment providers, and governments continue exploring stablecoins for retail payments, remittances, and international commerce. Samsung’s decision comes as digital asset regulations become clearer across several major markets.
The transaction builds on China’s push to strengthen digital yuan payment infrastructure alongside ongoing cross border CBDC and stablecoin initiatives. According to Mobile Payment Network, the transaction was jointly completed by the Shanghai branch of the Industrial and Commercial Bank of China (ICBC) and ICBC Singapore, becoming the first China-Singapore cross-border payment to run through the Digital Currency Express (CBETS) comprehensive settlement platform.
Mirae Asset, the $1 trillion South Korean financial giant, says its plans for newly acquired Korbit go far beyond capturing crypto market share — it wants to build an intelligent investment platform seamlessly connecting real-world assets, stablecoins and digital assets Updated Jul 24, 2026, 9:30 a.m.
(X)The incident came as Robinhood's newly launched blockchain has become a hotbed of speculative trading.Since debuting earlier this month, the network has attracted more than $700 million in assets across stablecoins, tokenized stocks and memecoins, according to a Dune dashboard created by Entropy Advisors.
The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves.
The Goldman Sachs CEO said the crypto market structure bill would create a more stable regulatory framework, breaking with other major bank leaders who oppose key stablecoin provisions.
In surveys, 95% of Nigerian respondents said they would prefer to receive international payments in stablecoins rather than naira. That preference is understandable.
South Korea's Kbank has partnered with BPMG and HashKey Group to develop stablecoin-based cross-border remittance services across Asia.
Treasuries by 2027, following a successful after-hours test with stablecoin issuers.The bank will begin testing tokenized Treasuries on a private blockchain by year-end and expand its settlement network to cover more international trading hours.The test used stablecoin reserves from Ripple (RLUSD) and OpenEden (USDO), demonstrating that Treasury activity can continue after U.S. market hours close.BNY, the world’s largest custody bank, plans to support round-the-clock settlement of conventional and tokenized U.S.
The last year has seen digital assets, and in particular stablecoins and tokenised assets, become an unprecedented focus for the cross-border payments world. But one area that often sees less focus is how policymakers globally are engaging with the topic.
Security firms said the attacker used enough hot-validator signatures to approve a 24.15 million USDC withdrawal, while Arbitrum said its native bridge was not affected.
That creates room for stablecoin versions of familiar card economics, including merchant incentives, payment rebates, cross-border discounts, subscription benefits and loyalty rewards. The legislation goes further.
Accelerate your bank's integration of real-time payment rails like FedNow and RTP to compete with the instant settlement speeds of chartered crypto/fintech networks. Conduct stress testing on your deposit base to identify what percentage of your total deposits are tied directly to fintech partners or sweep accounts.
Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the publication of a new report from the FPC Cross-Border Payments Work Group titled, Stablecoins as a Cross-Border Payment Method.
debt.Progress is constrained by the absence of standardized onchain payment methods, robust sterling stablecoins and regulatory clarity.The success of Britain’s planned tokenized sovereign debt market relies entirely on resolving onchain cash settlement, an issue that has stalled institutional adoption of digital bonds for nearly seven years, industry experts told CoinDesk.While the U.K.
unveil joint roadmap for tokenized finance: The two governments released a 10-point plan covering tokenized securities, cross-border stablecoins and digital-money infrastructure.
Zero Hash Holdings LLC said early Wednesday it will work with Marqeta, a card-issuing platform, to allow Marqeta clients to issue cards with stablecoin-based payment capability built in. The arrangement will enable stablecoin users to spend balances in digital dollars at a merchant base amounting to tens of millions around the world, the companies say.
“What surprises people when they start looking at remittances or cross-border [transfers] is that all the complexities that you have in payments in one market are now multiplied for every market that you’re trying to go into,” said Chidambaram.
Here, the real-time mobility of tMMF units – unrestricted by traditional settlement cycles – supports around-the-clock global business operations, while continuing to optimise yield on underlying balances.” Payments Treasurers are increasingly harnessing digital payments solutions such as stablecoin or tokenised deposits. These can be used for cross-border intercompany payments, or to make or take payments to or from clients.
Sixty-four percent of internationally active SMBs used traditional banks for cross-border supplier payments in 2025, and 69% expect to use them in 2026. That projected increase shows that FinTech growth does not require a wholesale migration away from established institutions.
The mBridge project seeks to reshape cross-border payments by using blockchain technology to enable faster settlement through CBDCs. Unlike traditional international payment channels, which rely on chains of intermediary banks, incurring high fees and settlement delays, mBridge enables direct, peer-to-peer settlement.
Digital payments platform Zelle has started minting its US dollar-backed stablecoin, moving it one step further in an effort by Wall Street to compete globally with established crypto firms.
Then stablecoins become a byproduct of a better payment experience rather than a decision or conscious choice.” One use case that is already viable is cross-border transfers. The survey found that roughly one-fifth of U.S.
One Ramp beta customer found that stablecoin payments made up roughly 10% of their vendor payments but consumed half of their accounts payable time — because those payments lived outside the system that handled everything else. The result is that stablecoin adoption inside most companies is either blocked by operations or happening without controls.
28% of millennials express strong interest in stablecoin payments, only 3 percentage points below their interest in crypto. 94% of baby boomers and seniors report little or no interest in stablecoin payments, compared with 92% for cryptocurrency.
For most of their short life, stablecoins have been pitched as cheaper remittance rails, faster payment instruments, a replacement for bank deposits, the plumbing for an entirely new financial system. Sell something as the fix for everything, and it starts to sound like the fix for nothing.
Visa’s new stablecoin platform now in beta, gives financial institutions, FinTechs and crypto firms a managed environment for stablecoins. Stablecoins were supposed to make payment networks less necessary.
AZ-COM Maruwa works with thousands of contractors and partners who receive recurring payments, and using stablecoins could help reduce transfer fees, shorten settlement times, and automate parts of the payout process. A Practical Use Case While much of the discussion around stablecoins has focused on cross-border payments, payouts are emerging as another compelling enterprise use case.
The European Central Bank is warning that widespread adoption of stablecoins could pull retail deposits out of traditional banks. ECB Executive Board member Piero Cipollone said banks have already lost ground to mobile apps and other digital payment providers, which can capture transaction fees and valuable customer data, Decrypt reported Friday (July 17).
Capital Layer expands into Japan with Green Monster Inc (TSE: 157A) and demonstrates a cross-border stablecoin settlement with O-Bank, building a Japan–Taiwan corridor. At WebX Tokyo (July 13–14), one of Asia’s largest Web3 conferences, Capital Layer, a digital asset orchestration layer for Asia, set out its vision for a cross-border stablecoin settlement corridor across Asia.
OSL, a global stablecoin payment and trading platform, announces circulating supply of USDGO, a compliant enterprise-grade stablecoin operated and distributed by OSL, has surpassed US$1 billion. Hong Kong, July 20, 2026 – OSL Group (HKEX:863) (OSL), a global stablecoin payment and trading platform, today announced that the circulating supply of USDGO, a compliant enterprise-grade stablecoin operated and distributed by OSL, has surpassed US$1 billion.
BitPay received MiCA authorisation as a crypto-asset service provider from the Dutch AFM. The licence lets it passport regulated crypto-payment and stablecoin services across the EU under one framework, while expanding its European compliance and operating presence.
AZ-COM Maruwa will adopt yen stablecoin JPYC to pay 2,300 business partners and truck drivers. The move aims to speed up cash flow amid Japan’s logistics labor shortages.
Cyclops raised a $20 million Series A to expand payments-specific stablecoin infrastructure. Its platform combines settlement, pay-ins, payouts, compliance, and treasury operations so payment companies can add stablecoin capabilities in weeks rather than assemble multiple systems over months.
The Treasury and four US regulators missed the GENIUS Act's July 18 deadline for final stablecoin rules while several comment periods remain open. The accessible preview says the January 18, 2027 effective date has not changed, compressing the industry's implementation window.
Visa Stablecoin Platform launches with Open USD (OUSD) and enterprise controls, now in beta with select clients. Banks and fintechs eye on-chain settlement pilots. Visa just put more weight behind stablecoins — and it’s not a minor tweak.
Finance leaders managing over $4 billion in decentralized vaults predict younger consumers will treat the internet as their primary financial ledger.