Philippine banks collaborate to launch PHPX stablecoin on Hedera
Philippine banks are collaborating to launch the PHPX stablecoin for real-time remittances, leveraging Hedera’s DLT network and cross-border payment solutions. Go to Source
cross-border payments
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India preparing for a CBDC-driven economy — Central bank governor
Outgoing Reserve Bank of India Governor Shaktikanta Das envisions the digital rupee revolutionizing India’s economy, emphasizing gradual CBDC adoption. Go to Source
Circle, Binance join forces for global stablecoin expansion
Binance will make USDC more available across its platform, while Circle will provide liquidity and technology and help Binance build new relationships. Go to Source
Nuvei, Visa partner on stablecoin payments for Latam merchants
Latin America continues to be a center of blockchain integration with Nuvei and partners’ new e-commerce solution for merchants. Go to Source
Central banks favor legacy instant payment systems over CBDCs
TradFi looks safe on the international payments market for the foreseeable future, despite advances in blockchain solutions. Go to Source
Mastercard, JPMorgan integrate blockchain payment solutions
Mastercard Multi-Token Network is connecting with JPMorgan’s ambitious Kinexys Digital Payments for faster settlement. Go to Source
Norway supports MiCA, considers CBDC for financial stability
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway. Go to Source
Singapore bolsters fintech hub with Global Finance Technology Network
The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing. Go to Source
HKMA Project Ensemble partners with Brazil, Thailand for tokenization
The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating. Go to Source
Paxos debuts new stablecoin payment platform with Stripe
Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said. Go to Source
