Stablecoin neobank Fasset reaches $1 billion valuation with SBI backing for payments expansion
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HSBC and Standard Chartered complete first live transaction on Swift’s 24/7 ledger as the payments network tests blockchain settlement against stablecoins and tokenized deposits
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HSBC and Standard Chartered complete first live transaction on Swift’s 24/7 ledger as the payments network tests blockchain settlement against stablecoins and tokenized deposits
Coindesk ·
Rain says stablecoin payments already reach 100,000+ merchants through Visa without merchants knowing, with same-day stablecoin settlement potentially replacing 3-day rails
The Block ·
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RedotPay reportedly puts $1B U.S. IPO plan on hold, as the stablecoin payments company declines to comment on its listing plans
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Rain explains how stablecoin settlement upgrades card payments by eliminating multi-day prefunding, reducing cross-border friction and enabling 24/7 global settlement
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