FinTech News

Crypto exchange Bitget has introduced a new investment product, BGUSD, a yield-generating stable asset tied to real-world financial instruments like U.S. Treasury bills and top-tier money market funds.

A growing number of banks are quietly integrating Ripple’s blockchain infrastructure to improve cross-border transactions, opting for a hybrid model that doesn’t require replacing their legacy systems.

Several of America’s largest banks—including entities tied to JPMorgan, Bank of America, Citigroup, and Wells Fargo—are exploring the creation of a shared stablecoin, according to sources familiar with the discussions.

Sean Neville, co-founder of Circle and current CEO of Catena Labs, has launched a bold new venture aimed at building a financial system built specifically for the age of artificial intelligence.

Ripple is accelerating its regional ambitions with a fresh push into the UAE, forming alliances with Zand Bank and fintech startup Mamo to expand its blockchain-powered payment network.

A growing wave of financial institutions is turning to stablecoins, not just for cost-cutting—but as a cornerstone of future growth.

Mastercard is deepening its involvement in the crypto space with a new global initiative that will allow users to spend stablecoins as easily as fiat.

South Korea just became the newest stop in RedotPay’s global crypto payment rollout.

Healthcare logistics firm Wellgistics is taking a major step into crypto by integrating XRP as both a treasury reserve and a foundation for real-time payments.

Bhutan is taking a bold step in merging tourism and digital finance by enabling crypto payments for visitors across the country.

Tether, best known for powering the USDT stablecoin, is stepping beyond finance and into artificial intelligence.

Europe’s central bank has kicked off a major experiment to see how a digital euro might work in real life.

In a move to reshape how money moves across Africa, Circle is teaming up with Onafriq to introduce USDC as a low-cost, digital alternative for cross-border payments.

Bunq, one of Europe’s leading digital banks, has launched in-app crypto trading in partnership with Kraken, allowing users to buy and sell over 300 digital assets directly from their banking app.

Mastercard is making a major move to bridge the gap between traditional finance and digital currencies.

Stripe is officially making its move into the stablecoin space, signaling a new chapter for the global payment giant.

Payments giant Stripe is preparing to launch a stablecoin-based payment product, according to several social media updates.

Binance is making significant strides in bridging the gap between traditional finance and the evolving cryptocurrency market.

Belarus is laying the groundwork for a digital version of its national currency, with full deployment expected by late 2026.

Avalanche is quietly emerging as a powerful contender in the evolution of financial infrastructure, with its potential extending far beyond crypto-native applications.

The United Arab Emirates is set to launch its digital dirham, a central bank digital currency (CBDC), by the fourth quarter of 2025.

Ripple has secured a strategic partnership with Chipper Cash to enhance cross-border payments across Africa, utilizing Ripple’s blockchain and XRP for fast, cost-effective transactions.

Custodia Bank, a notable player in the crypto space, has partnered with Vantage Bank to introduce a groundbreaking stablecoin, marking a first for the U.S. banking sector.

World Network, formerly known as Worldcoin, is reportedly in advanced discussions with Visa to launch a new stablecoin wallet that would seamlessly integrate crypto-native features into Visa’s vast global customer base.

The European Central Bank (ECB) is accelerating its digital euro plans, aiming to reduce reliance on U.S. payment giants and foreign stablecoins.

While the U.S. grapples with crypto regulations, Europe has quietly taken the lead in integrating digital assets into its banking sector.

Doubts over the European Central Bank’s (ECB) ability to manage a digital euro have intensified after a payment system failure disrupted transactions for nearly a day.

Russia’s central bank has put the nationwide rollout of its digital ruble on hold, opting to extend the pilot phase indefinitely.

PayPal is making significant strides with its PYUSD stablecoin, integrating it into multiple platforms to simplify business and consumer transactions.

A major player in Germany’s financial sector, DekaBank, has taken a significant step into the crypto industry by launching trading and custody services for institutional investors.

Societe Generale’s SG-FORGE has taken a significant step by launching its euro-backed stablecoin, EUR CoinVertible (EURCV), on the Stellar blockchain.

Ripple has teamed up with Brazil’s Braza Group to introduce a new stablecoin, BBRL, on the XRP Ledger.

The European Central Bank (ECB) has unveiled a strategy to modernize financial transactions by enabling settlements in central bank money.

MANSA, a cross-border payments company, has secured $10 million in funding, with Tether leading the investment.

Deutsche Börse CEO Stephan Leithner is pushing for a permanent digital euro to strengthen the EU’s financial autonomy.

MasterCard’s Raj Dhamodharan, head of the crypto division, has shared insights suggesting a shift in the approach of central banks toward digital currencies.

Piero Cipollone, a member of the European Central Bank (ECB) board, recently voiced concerns about the growing influence of U.S.-backed stablecoins, suggesting that the euro zone must develop its own digital currency to maintain its competitiveness.

Ethena Labs, the team behind the initiative, plans to develop a savings and payment app that leverages the platform’s massive user base, positioning it as a key player in a $50 billion market opportunity for its synthetic dollar, USDe.

Morgan Stanley, one of the largest asset managers globally, is reportedly considering adding cryptocurrency trading to its E-Trade platform, according to The Information.

KuCoin has unveiled a new point-of-sale (PoS) system, allowing users to pay businesses directly with their crypto balances.

The Monetary Authority of Singapore (MAS) has expressed confidence in the growing potential of stablecoins as a future payment method.

Traditional banks are venturing into the stablecoin market as Tether discontinues its euro-pegged EURt token.

Russia’s largest bank, Sberbank, has officially joined the digital ruble pilot program alongside TBank and Tochka Bank, as confirmed by the Central Bank of Russia (CBR) and reported by Interfax on December 28.

A regulatory review of Klarna’s practices between April 2021 and March 2022 uncovered multiple breaches of key anti-money laundering (AML) rules.

As Shaktikanta Das concluded his tenure as the Reserve Bank of India’s (RBI) governor on December 10, he took the opportunity to highlight his lasting vision for India’s economy, particularly emphasizing the role of digital innovation.

The UAE has officially approved its first stablecoin backed by the UAE Dirham, marking a pivotal moment in the nation’s cryptocurrency landscape.

Cryptocurrency adoption continues to expand with innovative payment solutions bridging the gap between digital assets and everyday transactions.

Russia is embracing the digital era with the introduction of the digital ruble, a central bank digital currency (CBDC) set to revolutionize its financial system.

Phantom Wallet, a rapidly growing name in the crypto space, has joined forces with Transak to revolutionize how users access digital assets.

Crypto.com has announced an exciting partnership with Mastercard, allowing its customers to use their cards at over 150 million merchants globally, both in-store and online.

Coinbase has fully integrated Apple Pay into its Onramp service, allowing users to conduct transactions directly through the app starting December 2.

The European Central Bank (ECB) recently shared an update on the development of its digital euro, marking a key milestone in the ongoing preparation phase.

The stablecoin market is rapidly growing, reaching a record $190 billion in market capitalization.

Iran is preparing to introduce its own central bank digital currency (CBDC), according to Mohammad Reza Farzin, the governor of the Central Bank of Iran (CBI).

Digital asset manager Nexo has unveiled Personal USD Accounts, a groundbreaking service allowing users in over 150 countries to manage USD bank transfers directly in their own names.

India, a prominent member of the BRICS coalition, is making significant strides in expanding its cross-border mobile payments infrastructure by teaming up with several nations to advance Central Bank Digital Currencies (CBDCs).

Mastercard and JPMorgan’s new B2B cross-border payment solution marks a significant step in the integration of blockchain-based tools with traditional banking infrastructure.

A new initiative from Informal Systems, a blockchain infrastructure firm with roots in the Cosmos Network, is set to challenge traditional financial systems by enabling direct peer-to-peer debt clearing.

Ripple Labs is intensifying its efforts to support entrepreneurs and small businesses in emerging markets through its expanded partnership with Mercy Corps and the launch of the “Unlocking Opportunity” program.

The Central Bank of Brazil (BCB) has partnered with leading tech companies like Chainlink, Microsoft, and Banco Inter to further develop DREX, the country’s central bank digital currency (CBDC).