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Asset manager Fidelity has issued a US dollar-denominated Stablecoin called Fidelity Digital Dollar (FIDD) onto the Ethereum blockchain The issuance follows the granting to Fidelity of a conditional trust bank licence by the Office of the Comptroller of the Currency (OCC) FIDD circumvents GENIUS Act restrictions on paying interest to Stablecoin holders by integrating FIDD with a tokenised money market fund Fidelity Investments has launched a US dollar-denominated Stablecoin,

Cross-border payments platform Payoneer has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter A federal banking licence will enable Payoneer customers to pay and get paid in Stablecoins and hold Stablecoin balances in digital wallets Payoneer plans to issue its own US dollar-denominated Stablecoin that its clients can use to settle cross-border payments and hold in digital wallets Payoneer , the cross-border payments technology p

Société Générale subsidiary SG-FORGE is making its EUR CoinVertible euro-denominated Stablecoin available on the Ripe-owned blockchain XPRL Société Générale hopes XPRL will increase use of the EUR CoinVertible, already available on the Ethereum and Solana blockchains, in trading activity Euro Stablecoins remain modest by comparison with US dollar equivalents but S&P predicts a €1.1 trillion markets by 2030 as Stablecoins are used in payments French universal bank Société Géné

A group of digital asset exchanges and one CSD have warned European institutions their blockchain reforms are too slow to compete with the US With reforms not scheduled for implementation until 2030, the group suggests a mini package of liberalising measures within the DLT Pilot Regime sandbox now The proposed “quick fix” reforms will allow DLT Pilot Regime licence holders to tokenise any asset and grow faster for longer before being fully regulated A group of digital asset e

Sony Bank, the online banking arm of Sony Corporation, is considering the issuance of a Sony-branded US dollar Stablecoin Sony Bank is working with Bastion, an NYDFS-licensed blockchain infrastructure provider, in the United States Stablecoins enable corporates to capture customer spending, offer micro-rewards, cut payment transaction costs and earn net interest margin Sony Bank Inc. , the online banking arm of the Sony Group Corporation, the Japanese electronics, video games

Circle has agreed to link its payments infrastructure with the cross-border payments platform provided to banks by technology vendor Finastra The link will enable banks to settle payments in the USDC Stablecoin without requiring customers to instruct in USDC The arrangement gives banks the option to settle payments without going via their traditional correspondent banks Payments technology vendor Finastra and Circle , issuer of the USDC Stablecoin, say they are working toget

Blockchain-based cross-border payments technology company Ripple has bought prime broker Hidden Road for US$1.25 billion The Ripple Stablecoin RLUSD will facilitate cross-margining between digital assets and traditional markets for Hidden Road customers Hidden Road will migrate its post-trade activity to the XRP Ledger (XRPL), the Ripple blockchain Ripple, the technology company that uses blockchain to speed up and lower the cost of cross-border payments, has acquired non-ban