Impact Vector: Crypto Infrastructure

Alutus LLC

Daily news about crypto infrastructure.

  1. 12h ago

    Stablecoin Regulation: France’s 31% Tax Plan Explained - OneSafe — 2026-10-15

    ## Short Segments Qivalis secures a Dutch EMI license, paving the way for a euro stablecoin launch. Circle’s USDC becomes the EU’s first significant e-money token under MiCA. Ledger unveils Atom, an Android device with Solana Mobile integration. And coming up, France’s proposed 31% tax on stablecoin trades could reshape the crypto landscape. Qivalis secures a Dutch EMI license to launch a bank-backed euro stablecoin. Qivalis, supported by major European banks like BBVA, BNP Paribas, and ING, has received authorization from De Nederlandsche Bank to issue euro-denominated electronic money tokens. This regulatory approval allows Qivalis to offer on-chain euro settlement infrastructure, marking a significant step in stablecoin adoption within the EU. With this license, Qivalis is set to begin issuing its euro stablecoin in the coming months, providing a regulated and secure option for euro transactions on the blockchain. This development highlights the growing trend of traditional financial institutions embracing blockchain technology to enhance cross-border payments and settlements. Circle’s USDC is designated as the EU’s first significant e-money token under MiCA. The European Banking Authority has classified USDC as a significant e-money token, transferring oversight from France’s ACPR to the EBA starting November 12, 2026. This classification places USDC under stricter regulatory scrutiny, ensuring compliance with the EU’s Markets in Crypto-Assets framework. For global businesses and decentralized autonomous organizations using USDC, this means enhanced regulatory oversight of reserves, capital, and liquidity, potentially increasing trust and stability in the stablecoin market. This move underscores the EU’s commitment to integrating stablecoins into its financial system while maintaining robust regulatory standards. Ledger unveils Atom, an Android device with Solana Mobile integration and new tamper protections. At Ledger Op3n 2026, Ledger introduced Atom, a security and privacy device designed to protect digital assets with advanced hardware-tampering protections. The device integrates with Solana Mobile, offering users a seamless experience with the Solana dApp Store and wallet through the Seeker app. This partnership marks Solana Mobile’s first hardware expansion, enhancing the security and usability of blockchain applications on mobile devices. With AI-agent controls and a secure operating system, Ledger Atom aims to provide a robust solution for managing digital assets securely on the go. This development reflects the increasing demand for secure and user-friendly blockchain solutions in the mobile space. ## Feature Story France’s proposed 31% tax on stablecoin trades could drive crypto traders offshore. French legislators have proposed extending the country’s 31.4% capital gains tax to include trades involving EU-regulated stablecoins, such as USDC, starting January 1, 2027. This proposal, part of France’s 2027 budget debate, has sparked intense discussions among crypto treasury teams, payroll managers, and payment operators who rely on stablecoins for fiat-equivalent transfers. The tax aims to treat swaps from cryptocurrencies into MiCA-regulated stablecoins as taxable sales, potentially impacting the financial strategies of entrepreneurs and investors. Critics, including Chainalysis’ regional sales director in France, warn that this tax could push traders toward unmonitored offshore channels, undermining regulatory efforts. The proposal also includes an amendment allowing investors to carry crypto losses forward for 10 years, offering some relief amid the tax changes. As the National Assembly debates the budget, the outcome could significantly influence the crypto investment landscape in France and beyond. If enacted, the tax could reshape how businesses and individuals engage with stablecoins, potentially driving innovation in tax-efficient crypto solutions or prompting a shift to jurisdictions with more favorable tax regimes. As the debate unfolds, stakeholders will be closely watching for any amendments or compromises that might mitigate the impact on the burgeoning crypto sector. This development highlights the ongoing tension between regulatory frameworks and the dynamic nature of the crypto industry, as governments seek to balance innovation with oversight.

  2. 1d ago

    Wells Fargo Joins 20-Bank Stablecoin Consortium Targeting 2027 Launch - KuCoin — 2026-10-14

    ## Short Segments Wells Fargo is making waves by joining a 20-bank stablecoin consortium aiming for a 2027 launch. We'll explore the implications of this move later in the episode. But first, WasabiCard and Lotus Tech are pushing the boundaries of enterprise-driven stablecoin payments, BNY and Citadel Securities complete a groundbreaking tokenized Treasury repo, and DriveWealth partners with Ripple for stablecoin settlement. Plus, Metrika is tapped by the OCC for a stablecoin supervisory framework, Qivalis secures a Dutch e-money license for a euro stablecoin, and Tether invests in Latin American stablecoin infrastructure. WasabiCard and Lotus Tech explore enterprise-driven stablecoin payment use cases at TOKEN2049 Singapore. At the TOKEN2049 event in Singapore, WasabiCard and Lotus Tech delved into how stablecoins can transform enterprise payments. Dr. Daxue Wang, CFO of Lotus Tech, highlighted the importance of customer-led innovation and payment security in driving stablecoin adoption. The discussions centered on the conditions necessary for stablecoins to gain wider acceptance in enterprise settings. This exploration is crucial as it addresses the practical challenges and opportunities for stablecoin integration in business operations. As companies like WasabiCard and Lotus Tech push forward, the potential for stablecoins to streamline payments and enhance security in enterprise environments becomes increasingly tangible. BNY and Citadel Securities complete the first tokenized Treasury repo on a major triparty platform. In a significant development for financial markets, BNY and Citadel Securities have completed the first tokenized U.S. Treasury repo on a major triparty platform. This transaction utilized a tokenized representation of a U.S. Treasury note, showcasing how blockchain technology can enhance the efficiency of moving collateral in financial markets. By leveraging tokenized assets, the process of settling and financing government bonds becomes faster and more connected, addressing a key bottleneck in the market. This move signals a step towards a more integrated and efficient Treasury market, potentially setting a precedent for future transactions. DriveWealth partners with Ripple to use RLUSD for stablecoin settlement and cross-border payments. DriveWealth is set to integrate Ripple's RLUSD stablecoin for settlement and cross-border payments, initially in Europe. This partnership aims to modernize financial infrastructure by combining stablecoins with traditional finance solutions. The integration will facilitate more efficient money movement and management across DriveWealth's platform, with plans to expand to the United States. This collaboration highlights the growing trend of using blockchain technology to enhance financial services, offering a glimpse into the future of cross-border transactions and settlement processes. Metrika selected by OCC to support stablecoin supervisory framework under the GENIUS Act. The Office of the Comptroller of the Currency (OCC) has awarded Metrika a contract to provide expertise on stablecoin and digital asset payments. This move is part of the OCC's efforts to establish a supervisory framework under the GENIUS Act. Metrika's role will involve advising on the regulatory and operational aspects of stablecoin activities, ensuring compliance and security in the evolving digital asset landscape. This development underscores the increasing regulatory focus on stablecoins and the need for robust oversight mechanisms as their use becomes more widespread. Qivalis secures Dutch e-money license for planned euro stablecoin. Qivalis has obtained an Electronic Money Institution license from the Dutch central bank, paving the way for its euro-denominated stablecoin. Backed by 37 European banks, Qivalis plans to distribute its token through financial intermediaries, with issuance expected soon. This regulatory approval marks a significant step in establishing a compliant euro stablecoin, aligning with the EU's MiCA regulations. As Qivalis moves forward, it sets a precedent for other financial institutions looking to issue regulated digital currencies in Europe. Tether investment fuels stablecoin payments in LATAM. Tether has invested in EFY Finance to bolster stablecoin payments infrastructure across Latin America. This investment aims to enhance the connectivity between stablecoins and traditional financial systems in the region. By supporting EFY Finance, Tether is accelerating the adoption of stablecoin-based cross-border payments and digital asset custody. This move represents a significant commitment to developing robust financial infrastructure in Latin America, potentially transforming how businesses and individuals conduct transactions across borders. ## Feature Story Wells Fargo joins a 20-bank stablecoin consortium targeting a 2027 launch. Wells Fargo is stepping into the stablecoin arena by joining a consortium of 21 financial institutions aiming to launch a U.S. dollar-pegged stablecoin by the first half of 2027. This consortium, which includes major global banks, plans to establish a new company in the second half of 2026 to support the issuance of this stablecoin. The initiative reflects a growing interest among traditional financial institutions to explore digital currencies and their potential applications. Despite this ambitious move, Wells Fargo's CEO, Charlie Scharf, has expressed caution, noting that the use cases for stablecoins in the U.S. remain unclear. This highlights a tension between the bank's strategic investments in digital payments and the uncertain regulatory and operational landscape for stablecoins. The consortium's focus on a USD-denominated stablecoin initially, with plans to expand to other G7 currencies, indicates a strategic approach to gaining a foothold in the digital currency market. The formation of this consortium and its plans for a stablecoin launch are significant for several reasons. Firstly, it underscores the increasing interest from traditional banks in digital currencies as a means to enhance payment systems and financial infrastructure. Secondly, it signals a potential shift in how banks view their role in the evolving digital economy, moving from traditional banking services to more innovative, technology-driven solutions. As the consortium moves forward, several factors will be critical to its success. Regulatory approval and compliance will be paramount, given the complex legal landscape surrounding stablecoins. Additionally, the consortium will need to address technological challenges related to the issuance and management of digital currencies. The involvement of major banks like Wells Fargo suggests that the consortium will have the resources and expertise to navigate these challenges effectively. Looking ahead, the launch of a bank-led stablecoin could have far-reaching implications for the financial industry. It could pave the way for more widespread adoption of digital currencies, offering a stable and regulated alternative to existing cryptocurrencies. For financial institutions, it presents an opportunity to innovate and remain competitive in a rapidly changing market. For regulators, it poses new challenges in terms of oversight and ensuring the stability of the financial system. As we approach the anticipated launch in 2027, the actions and decisions of this consortium will be closely watched by industry stakeholders, regulators, and the broader public. The success of this initiative could set a precedent for future collaborations between traditional financial institutions and the digital currency sector, shaping the future of money and payments.

  3. 2d ago

    UK High Court rules Chinese law governs claims over $5 billion in seized bitcoin — 2026-10-13

    ## Short Segments Ledger confirms a hardware implant in CryptoBilis reseller units, prompting MediaMarkt to suspend sales in Europe. In a significant security breach, Ledger has identified unauthorized hardware implants in devices sold by CryptoBilis, a Southeast Asian reseller. These implants are designed to steal recovery phrases, posing a serious risk to users' cryptocurrency holdings. As a result, MediaMarkt, a major European electronics retailer, has halted sales of Ledger products both in-store and online. This move underscores the critical importance of supply chain security in the crypto hardware market. For Ledger, the challenge now is to reassure customers and restore trust, while MediaMarkt's decision highlights the broader implications for retailers handling sensitive tech products. As investigations continue, the focus will be on preventing further breaches and ensuring the integrity of crypto storage solutions. ## Feature Story The UK High Court's ruling that Chinese law governs claims over $5 billion in seized bitcoin leaves ownership in limbo. This decision stems from a case involving 61,000 bitcoins seized in Britain's largest cryptocurrency money-laundering case, linked to fraudster Zhimin Qian. Chinese victims, numbering around 16,000, had hoped English law would apply, as it was perceived to be more favorable for proving ownership of the bitcoins. However, Justice Mark Turner ruled that Chinese law will govern the claims, a decision that could limit victims to recovering only their principal and interest, rather than a share of the bitcoins themselves. The ruling is a setback for the victims, who now face the challenge of navigating Chinese legal standards to assert their claims. Lawyers for the victims have indicated plans to appeal, but the content of Chinese law and its application to these claims remain to be determined. This case highlights the complexities of cross-border legal disputes in the cryptocurrency space, where jurisdictional issues can significantly impact outcomes. For the UK government, the ruling potentially increases the likelihood of retaining the seized bitcoins, unless the appeal alters the legal landscape. As the case progresses, it will be crucial to monitor how Chinese law is interpreted and applied, and whether the appeal can shift the balance in favor of the victims. This development underscores the need for clear international legal frameworks to address the unique challenges posed by digital assets and cross-border financial crimes. For now, the fate of the 61,000 bitcoins remains uncertain, with significant implications for the victims, the UK government, and the broader crypto legal landscape.

  4. 3d ago

    Bank of England Says It Won’t Rush Digital Pound, Sees Stablecoins and Tokenized Deposits as Alternatives — 2026-10-12

    ## Short Segments WasabiCard's latest event in Singapore highlights the future of stablecoin payments. Today, we'll explore how WasabiCard is pushing stablecoins closer to real-world financial use, Standard Chartered's new custody service for Ripple's RLUSD, Morgan Stanley's timeline for tokenized equities, and the NCUA's proposed stablecoin reporting requirements for credit unions. Coming up, we'll dive into the Bank of England's cautious approach to a digital pound and its implications for stablecoins and tokenized deposits. WasabiCard's Funds Flow event in Singapore explores the future of stablecoin payments. During TOKEN2049 Week, WasabiCard hosted a gathering of industry leaders from Circle, Lotus Technology, and AWS to discuss the integration of stablecoins and tokenized assets into mainstream finance. This event underscores the growing momentum behind stablecoins as a viable payment method, with discussions focusing on their potential to streamline transactions and reduce costs. As stablecoins gain traction, payment companies and developers are increasingly looking to integrate these digital assets into their platforms, signaling a shift towards more efficient and accessible financial services. For listeners, this means that stablecoins are moving beyond theoretical discussions and into practical applications, potentially transforming how we conduct everyday transactions. Standard Chartered launches custody for Ripple's RLUSD on the XRP Ledger. The bank has partnered with Ripple and LMAX Group to support RLUSD as collateral for certain products, enhancing its digital asset custody infrastructure. This move marks a significant step in integrating digital currencies into traditional banking systems, providing institutional clients with more options for managing their digital assets. By offering custody services for RLUSD, Standard Chartered is positioning itself as a key player in the evolving landscape of digital finance, where interoperability and security are paramount. For custodians and financial institutions, this development highlights the growing importance of digital asset management and the need to adapt to new financial instruments. Morgan Stanley sets sights on supporting tokenized equities by Q1 2027. The bank is actively developing the infrastructure needed for blockchain-based securities trading, pushing its timeline from late 2026 to early 2027. This delay reflects the complexities involved in integrating tokenized assets into existing financial systems, but also underscores Morgan Stanley's commitment to embracing digital innovation. For issuers and investors, the introduction of tokenized equities could offer new opportunities for liquidity and market access, potentially reshaping the securities landscape. As the industry continues to evolve, stakeholders should watch for further developments in tokenization and its impact on traditional equity markets. NCUA proposes 26 stablecoin reporting accounts for credit unions. The National Credit Union Administration's proposal aims to enhance oversight by introducing new reporting fields for stablecoin-related activities. This includes detailed data collection on custody, issuer exposure, and holdings, with a target implementation date of March 31, 2027. For credit unions, this proposal represents a significant regulatory shift, requiring them to adapt their reporting practices to accommodate digital assets. As community institutions explore digital dollar services, the NCUA's initiative highlights the need for robust compliance frameworks to ensure transparency and security in the burgeoning stablecoin market. ## Feature Story The Bank of England takes a cautious approach to the digital pound, considering stablecoins and tokenized deposits as viable alternatives. Deputy Governor Sarah Breeden, speaking at the International Monetary Fund's annual meeting, emphasized that the Bank is not rushing to introduce a retail Central Bank Digital Currency (CBDC), known as "Britcoin." Instead, the focus is on upgrading the Real-Time Gross Settlement (RTGS) system to enable 24/7 instant settlement, while exploring the potential of commercial stablecoins and tokenized deposits. This strategic pivot reflects the Bank's recognition of the rapid innovation in digital payments and the potential for existing technologies to fulfill some of the roles envisioned for a digital pound. By not committing to a CBDC, the Bank of England is allowing room for the private sector to innovate with stablecoins, which could offer similar benefits without the need for a new digital currency. This decision has significant implications for issuers and payment companies, as it opens the door for stablecoins to play a more prominent role in the UK's financial ecosystem. For regulators, it underscores the importance of creating a flexible regulatory environment that can accommodate both public and private digital currencies. As the Bank continues its design phase for the digital pound through 2026, stakeholders should monitor how these developments influence the broader landscape of digital finance and the balance between central bank and commercial innovations. Ultimately, the Bank of England's approach highlights the evolving nature of money in a digital economy and the need for a diverse, multi-money landscape that can adapt to changing consumer and business needs.

  5. 4d ago

    Stablecoin Regulation Update: Coinbase’s CFTC Win & Your Business - OneSafe — 2026-10-11

    ## Short Segments ## Feature Story Coinbase's recent victory in securing clearing registration with the U.S. Commodity Futures Trading Commission marks a pivotal shift in stablecoin regulation. This development places Coinbase at the heart of stablecoin transactions, directly impacting how businesses manage their financial operations. On October 10, 2026, Coinbase Clearing LLC was registered as a derivatives clearing organization by the CFTC. This registration allows Coinbase to bring derivatives clearing in-house, a function it previously outsourced. The move is significant as it positions Coinbase as the first USDC-native derivatives clearinghouse in the United States, enabling it to clear futures, options, and swaps backed by collateral, with support for 24-hour settlement. For businesses, especially those in the Web3 space, this isn't just a regulatory update—it's a call to action. Finance leaders at startups and decentralized autonomous organizations (DAOs) are urged to audit their treasury operations immediately. The integration of a federally regulated exchange into the settlement path for stablecoin transactions means that businesses must reassess their compliance and operational strategies. The backdrop to this development is the Treasury's interim final rule, effective September 30, 2026, which formalizes the stablecoin issuer certification process under the GENIUS Act. This rule reshapes the obligations for businesses that use stablecoins for payments, payroll, and working capital. The certification process now requires state payment stablecoin regulators to gain federal approval, adding a layer of compliance for businesses. Coinbase's CFTC registration is part of a broader trend where traditional financial institutions and crypto companies are deepening their involvement in stablecoin payment rails. This trend is exemplified by the partnership between Citi and Coinbase, which aims to enhance corporate adoption and compliance in the stablecoin space. For businesses, the practical implications are clear. With Coinbase now a regulated entity in the settlement path, companies must ensure their treasury stacks are compliant with the new regulatory framework. This involves not only understanding the certification process but also adapting to the operational changes that come with using a federally regulated clearinghouse. Moreover, the ability to clear fully collateralized derivatives using USDC introduces new opportunities for businesses to manage risk and liquidity. The 24-hour settlement capability means that companies can engage in more flexible and responsive financial operations, aligning with the fast-paced nature of the crypto market. Looking ahead, the landscape of stablecoin regulation and infrastructure is set to evolve further. Businesses must stay informed and agile, ready to adapt to new regulatory requirements and operational opportunities. The integration of traditional financial oversight with crypto-native operations, as seen with Coinbase's CFTC registration, is likely to become more common, setting a precedent for future developments in the crypto infrastructure space. In conclusion, Coinbase's CFTC win is more than a regulatory milestone; it's a transformative event that reshapes the stablecoin ecosystem. Businesses must act now to align their operations with the new regulatory environment, ensuring compliance and leveraging the opportunities presented by this shift in the market structure.

  6. 6d ago

    BNY Expands Digital Asset Custody in EU Under MiCA - Funds Society — 2026-10-09

    ## Short Segments BNY Mellon expands its digital asset custody in the EU, SBI and partners plan a crypto payment joint venture, Swiss banks push for tokenization collaboration, the US targets a $1 billion Iran-linked crypto seizure, Thailand's SEC sets new ETF rules, and New York's AG secures $35 million from Celsius's former CEO. SBI, Money Forward, and US-based Mesh are forming a crypto payment joint venture by year-end. SBI Holdings, Money Forward, and Mesh Connect have announced plans to establish a joint venture in Japan aimed at simplifying the purchase, transfer, and settlement of crypto assets. The venture, expected to be finalized by the end of 2026, will focus on creating an on-chain payment infrastructure through API connections. This collaboration highlights the growing trend of integrating digital assets into mainstream financial systems, potentially streamlining crypto transactions for users in Japan. As the joint venture progresses, it could set a precedent for similar partnerships in other regions, enhancing the global crypto payment landscape. Swiss banks are eyeing broader industry collaboration for the tokenization era. Switzerland's banks, known for their early adoption of cryptocurrency trading and custody, are now looking to maintain their lead in digital money and tokenization. A report by Blockstories suggests that these institutions should engage in broader market participation and joint efforts to build infrastructure for new settlement networks. This move could position Swiss banks as leaders in the tokenization space, potentially influencing global financial markets as they adapt to digital asset integration. Such collaborations may pave the way for more efficient and secure financial systems worldwide. The US targets a $1 billion Iran-linked crypto seizure, with Bessent stating, "we know where it is." U.S. Treasury Secretary Scott Bessent announced plans to seize approximately $1 billion in cryptocurrency assets linked to Iran. This action is part of a broader campaign to economically isolate Iran by restricting its access to international markets. While the exact details of the seizure remain undisclosed, the move underscores the increasing use of cryptocurrency in geopolitical strategies. As the situation unfolds, it highlights the complex intersection of digital assets and international relations. Thailand's SEC issues bitcoin and ether ETF rules set to take effect on October 16. The Thai Securities and Exchange Commission has finalized regulations for crypto exchange-traded funds, initially focusing on Bitcoin and Ethereum. The new rules establish a framework for these ETFs to trade on the Stock Exchange of Thailand, broadening investment opportunities under a regulated environment. This development marks a significant step in integrating cryptocurrencies into traditional financial markets in Thailand, potentially attracting more institutional investors. As the rules take effect, they could influence similar regulatory approaches in other countries. New York AG secures up to $35 million from former Celsius CEO Alex Mashinsky. New York Attorney General Letitia James has secured a settlement of up to $35 million from Alex Mashinsky, the former CEO of Celsius Network. Mashinsky, who is serving a 12-year sentence for fraud, is also permanently banned from the securities and crypto industries. This case highlights the ongoing regulatory scrutiny in the crypto sector, emphasizing the importance of transparency and accountability. The settlement serves as a warning to other industry players about the consequences of misleading investors. ## Feature Story BNY Mellon expands digital asset custody in the EU under MiCA. BNY Mellon, a global financial services giant, has announced the expansion of its Digital Asset Custody platform for select institutions in the European Union, operating under the Markets in Crypto-Assets (MiCA) framework. This move positions BNY as one of the first global systemically important banks to offer regulated digital asset custody in the region. The expansion follows the inclusion of BNY's European banking entity in the European Securities and Markets Authority's MiCA register, marking a significant step in the bank's digital asset strategy. With $62.6 trillion in assets under custody or administration, BNY's entry into the EU's regulated crypto market could influence other financial institutions to follow suit. The MiCA framework provides a comprehensive regulatory environment for digital assets, aiming to enhance investor protection and market integrity across the EU. BNY's expansion under this framework not only strengthens its position in the digital asset space but also sets a precedent for other banks considering similar moves. As the digital asset market continues to evolve, BNY's regulated custody services could attract more institutional clients seeking compliance and security in their crypto investments. This development underscores the growing importance of regulatory compliance in the digital asset industry, as institutions seek to balance innovation with risk management. Looking ahead, BNY's expansion could catalyze further adoption of digital assets among traditional financial institutions, potentially reshaping the landscape of global finance. As more banks enter the regulated digital asset space, the industry may see increased collaboration and standardization, paving the way for a more integrated and secure financial ecosystem. For now, BNY's move under MiCA highlights the critical role of regulation in fostering trust and stability in the burgeoning digital asset market.

  7. Oct 8

    South Korea’s Gwangju Bank and Toss successfully test stablecoin QR payments — 2026-10-08

    ## Short Segments Standard Chartered is expanding its crypto custody services to Singapore, enhancing its digital asset footprint across Asia. The bank's move aims to meet the growing institutional demand for secure and regulated custody solutions for crypto and tokenized assets. This expansion adds Singapore to Standard Chartered's existing custody markets, which include the UAE, Luxembourg, and Hong Kong. By offering custody for selected crypto assets, stablecoins, and tokenized real-world assets, the bank is positioning itself as a key player in the digital asset space. This development is significant as it reflects the increasing institutional interest in crypto assets and the need for robust custody solutions. For financial institutions and investors, this means more secure and regulated options for managing digital assets in a rapidly evolving market. Securitize has launched tokenized stocks backed 1:1 by real shares, starting with major companies like Apple and Nvidia. These tokenized stocks are available on the Solana blockchain and offer eligible investors the rights and economic benefits of the underlying shares. By converting shares into digital tokens, Securitize provides a new way for investors to access U.S. equities globally. This launch is part of a broader trend towards tokenization, which aims to increase liquidity and accessibility in financial markets. For investors, this means the potential for more flexible and efficient trading of stocks, with the added benefits of blockchain technology, such as transparency and reduced settlement times. Samsung is set to launch USDC transfers on Solana for U.S. Galaxy users, integrating the feature directly into Samsung Wallet. This new capability allows users to send money across borders using stablecoins, providing a seamless experience within the existing Samsung Wallet interface. By incorporating fiat on- and off-ramps, Samsung is making it easier for users to engage with digital currencies without needing a separate crypto app. This move highlights the growing integration of blockchain technology into mainstream financial services, offering users more options for cross-border transactions. For Galaxy users, this means a more convenient and accessible way to manage digital assets and conduct international transfers. ## Feature Story South Korea's Gwangju Bank and fintech company Toss have successfully tested stablecoin QR payments, marking a significant step in digital payment innovation. The proof of concept involved linking the Gwangju Bank mobile app with the Toss app and Toss Place merchant terminals, allowing customers to make payments using stablecoins by scanning QR codes. This trial demonstrates the potential for stablecoins to streamline payment processes, offering a seamless experience for users without the need for additional apps. The successful test paves the way for a second trial aimed at further simplifying the payment process by reducing the number of steps required for transactions. This development is part of a broader trend towards integrating digital assets into everyday financial transactions, reflecting the growing acceptance and utility of stablecoins in the financial ecosystem. By enabling stablecoin payments through widely used mobile apps, Gwangju Bank and Toss are positioning themselves at the forefront of digital payment solutions in South Korea. The implications for issuers, custodians, and payment companies are significant, as this model could be replicated in other markets, potentially transforming how digital payments are conducted globally. As the regulatory landscape for stablecoins continues to evolve, the success of this trial could influence future policy decisions and encourage further adoption of digital asset-based payment systems. For end users, this means more convenient and efficient payment options, while for financial institutions, it represents an opportunity to innovate and stay competitive in a rapidly changing market. The next steps will be crucial in determining the scalability and commercial viability of stablecoin QR payments, with the potential to reshape the payment infrastructure in South Korea and beyond.

  8. Oct 7

    AnchorageDigital Acquires Routable to Expand Stablecoin Payments - TOKENPOST — 2026-10-07

    ## Short Segments Anchorage Digital's acquisition of Routable is set to reshape stablecoin payments, but first, let's dive into today's headlines. The Montana Bankers Association endorses Stablecore, SBI Holdings teams up with Mesh and Money Forward for a crypto venture, and zerohash becomes a Tempo validator. We'll also explore why exchanges must adopt public blockchain infrastructure, Moody's rating of Sky Protocol, and Coinbase Pro's return. Later, we'll unpack Anchorage Digital's strategic move to integrate stablecoin payments into corporate systems. Montana Bankers Association endorses Stablecore as a digital asset technology provider. Stablecore, a platform enabling banks to offer stablecoins and tokenized deposits, has received an endorsement from the Montana Bankers Association. This endorsement positions Stablecore as a preferred vendor, allowing banks to integrate digital asset offerings into their existing services. For community and regional banks, this means a seamless way to expand their service offerings, potentially increasing customer engagement and retention. As digital assets become more mainstream, such endorsements could accelerate the adoption of stablecoins in traditional banking environments. SBI Holdings, Mesh, and Money Forward plan a joint venture for crypto transfers and payments. In a move to enhance digital asset connectivity, SBI Holdings has partnered with Mesh Connect and Money Forward to establish a joint venture in Japan. The venture aims to develop infrastructure for crypto transfers and payments, with Mesh Connect holding a majority stake. This collaboration highlights the growing interest in integrating digital assets into traditional financial systems, potentially paving the way for more seamless crypto transactions in Japan. As regulatory frameworks evolve, such ventures could play a crucial role in shaping the future of digital payments. zerohash named as Tempo validator, bringing Tempo's stablecoin rails to its partners. zerohash, an onchain infrastructure provider, has been granted a validator seat on Tempo's payments blockchain. This integration allows zerohash to offer Tempo's stablecoin payment capabilities to its extensive partner network, including banks and fintechs. By becoming the first infrastructure provider to hold a validator seat, zerohash is positioned to enhance its service offerings, potentially increasing the adoption of stablecoin payments across its ecosystem. This move underscores the importance of robust infrastructure in scaling blockchain-based payment solutions. Every exchange will need to adopt public blockchain infrastructure to stay competitive, says Hyperliquid Policy Center CEO. Jake Chervinsky, CEO of Hyperliquid Policy Center, emphasized the necessity for exchanges to integrate public blockchain infrastructure. Speaking at the Digital Asset Summit 2026, he noted that even major exchanges like CME Group and ICE will need to adapt to remain competitive. This shift is expected to bring more transparency and efficiency to the market, aligning with regulatory expectations. As the industry evolves, exchanges that fail to adopt these technologies may find themselves at a disadvantage. Moody's gives Sky Protocol a B3 rating as institutional interest in USDS grows. Sky Protocol has received a B3 issuer rating from Moody's, marking the first time a stablecoin protocol has been rated by the agency. This rating, alongside a B- from S&P Global, positions Sky as a credible player in the stablecoin market. With institutional interest in USDS increasing, these ratings could enhance confidence among investors and partners. As stablecoins gain traction, such ratings may become a standard measure of credibility and risk assessment. Coinbase Pro to return as Deribit integration creates Coinbase Global Exchange. Coinbase has announced the relaunch of Coinbase Pro, now part of the new Coinbase Global Exchange. This integration with Deribit brings together US and global crypto derivatives into a single regulated liquidity pool. The revamped platform will offer advanced trading features, including crypto options and spot margin trading. For traders, this means access to a more comprehensive suite of tools and a unified trading experience. As the exchange landscape evolves, such integrations could redefine market dynamics. ## Feature Story Anchorage Digital acquires Routable to expand stablecoin payments. In a strategic move, Anchorage Digital has acquired Routable, a business-to-business payments platform, to enhance its stablecoin settlement capabilities. This acquisition aims to integrate stablecoin payments into existing corporate payment systems, targeting larger enterprise customers. Routable's infrastructure, which automates payouts and compliance, will now support Anchorage's vision of offering seamless payment and settlement services across both fiat and digital currencies. As the first federally chartered crypto bank in the US, Anchorage is uniquely positioned to bridge the gap between traditional finance and digital assets. By incorporating Routable's technology, Anchorage can offer businesses a unified platform for managing both traditional and crypto transactions. This could significantly streamline operations for companies dealing with high-volume payouts, such as streaming platforms and marketplaces. The acquisition reflects a broader trend of integrating stablecoins into mainstream financial systems, potentially accelerating their adoption in corporate environments. As stablecoins become more prevalent, the ability to offer integrated payment solutions could become a key differentiator for financial institutions. Looking ahead, Anchorage's move may prompt other crypto custodians to explore similar integrations, further blurring the lines between traditional and digital finance. For now, the focus will be on how effectively Anchorage can leverage Routable's infrastructure to deliver on its promise of seamless, global payment solutions.

About

Daily news about crypto infrastructure.