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Visa expand Merchant Acquirers stablecoin settlement capabilities
Visa is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain and is working with merchant acquirers Worldpay and Nuvei, modernising cross-border money movement. Through live pilots with issuers... read more
The post Visa expand Merchant Acquirers stablecoin settlement capabilities appeared first on Payments Cards & Mobile.
ABA: Stablecoin issuers should be regulated like banks
Stablecoin issuance is a monetary exercise comparable to what regulated banks do and should be supervised accordingly to ensure financial stability and consumer protection. This is according to the American... read more
The post ABA: Stablecoin issuers should be regulated like banks appeared first on Payments Cards & Mobile.
NAB gets competitive with AUDN stablecoin pilot
National Australia Bank (NAB) appears to be going head to head with its own Central Bank in a race to launch its own stablecoin AUDN. Earlier this month, Payments Cards... read more
The post NAB gets competitive with AUDN stablecoin pilot appeared first on Payments Cards & Mobile.
Russia and Iran consider stablecoin for cross-border trade settlement
Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more
The post Russia and Iran consider stablecoin for cross-border trade settlement appeared first on Payments Cards & Mobile.
The Universal Digital Payments Network launches at WEF
An interesting announcement relating to the payments industry has materialised from the World Economic Forum by the name of The Universal Digital Payments Network (UDPN). The UDPN was launched to... read more
The post The Universal Digital Payments Network launches at WEF appeared first on Payments Cards & Mobile.
