Visa has launched a pilot allowing banks and financial institutions to pre-find cross-border payments using Stablecoins. Announced in Sibos 2025, the Direct Direct Stablecoin driver allows certain partners to use the pre -funded assets of Circle de Circle (USDC) and EURC (EURC) to facilitate almost instantaneous payments, according to an announcement on Tuesday. “Trans -border … Read more
The CEO of Coinbase, Brian Armstrong, said that the most ambitious vision of his business was to replace traditional banks by transforming Coinbase into a full service cryptography of “Super Application”. Speaking during a recent interview with Fox Business, Armstrong confirmed the company’s plans to offer a full suite of financial services, from credit card … Read more
US banks are expected to give better awards to attract and keep customers instead of seizing the threat that stables represent their profits, explains Bitwise investment chief Matt Hougan. “If local banks are concerned about competition from Stablecoins, they should pay more interest in deposits,” wrote Hougan on X Tuesday. He added that banks are … Read more
Traditional financial institutions are increasingly shaping the stories of the cryptography sector and are about to benefit from the most current trends, according to Arthur Azizov, founder of B2 Ventures, a private “alliance” of cryptographic services and financial technology companies. Azizov told Cintelegraph that this market cycle was dominated by institutional investors, investment vehicles such … Read more