Cryptwerk Chat

U.S. Bank Tests USBDC as PayPal Opens PYUSDx and Payment Firms Expand Stablecoin Rails Banks, payment firms and developers are moving stablecoins into cross-border transfers, branded issuance, card programs and regional payment networks. ▫️ U.S. Bank tested USBDC in a live cross-border transfer on Stellar. ▫️ PayPal, M0 and MoonPay opened PYUSDx for PYUSD-backed business tokens. ▫️ Swiss institutions moved a CHF stablecoin into testing with nine financial partners. ▫️ Fidelity expanded FIDD onchain access while Coinbase opened USDC lending in Brazil. ▫️ BVNK and Marqeta built stablecoin card spending as Visa reported higher settlement volume. ▫️ Fin.com raised $20 million to extend payment infrastructure across South Asia, Africa and the Middle East. 📣 Read the full story #Stablecoins #USBDC #PYUSD #USDC #CryptoCards #CryptoPayments #Cryptwerk