Tokenised Money

C2FO plans to pay suppliers in seconds by settling Instant Pay financing in RLUSD on the XRP Ledger, while BNY and Ripple plan tokenised trade finance, starting with C2FO.

Thunes and Coinbase announced a collaboration on October 19 covering stablecoin infrastructure and international payouts. Coinbase will integrate Thunes’ Direct…

Bank Negara Malaysia and the Bank of Thailand have joined Singapore’s BLOOM initiative as policymaker members, the Monetary Authority of…

Fuze Finance has selected Modern Treasury for named US dollar accounts, domestic payment rails and stablecoin orchestration across more than 100 countries.

Cross River is integrating Ripple’s RLUSD stablecoin into its core banking system, giving fintech clients dollars, stablecoins, ACH, wires and real time payments through one API.

Visa Direct has moved USDC prefunding into commercial use, with Inyo Global the first enabler, letting eligible businesses fund cross-border payouts outside banking hours.

De Nederlandsche Bank has authorised Qivalis, backed by 37 European banks, as an electronic money institution. Issuance of its euro stablecoin is planned within the next months.

A7, set up with Russia’s PSB Bank, is due to unveil a service where importers pay foreign invoices in Tether and suppliers get paid via SWIFT.

Ant International has run pilot dirham and US dollar transfers in the UAE on HSBC’s Tokenised Deposit Service, the bank’s first Middle East client to do so.

The Solana Foundation has launched Solana DvP, an open source escrow program for atomic delivery versus payment settlement of tokenised assets, with input from J.P. Morgan.