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Visa Doubles Down on Stablecoins With Investment in Blockchain Payments Firm BVNK

Küresel payments service provider Visa’s (V) venture capital arm made a strategic investment in BVNK, a startup building stablecoin-based payment infrastructure, in a move that reflects legacy financial financial firms’ push into blockchain-powered …

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Stablecoins Are a ‘WhatsApp Moment’ for Money Transfers, a16z Says

Remember the old days when calling or sending a message via text outside the country cost money? With the help of çağdaş messaging apps like WhatsApp, paying for cross-border calls and texts is now obsolete. For money transfers, stablecoins might do …

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Northern Trust to Provide Custody, Cash Management Services for Stablecoin Issuer Haycen

TradFi giant Northern Trust (NTRS) will provide custody and cash management services for trade finance focused stablecoin issuer Haycen, the company said in a press release Thursday. Northern Trust Asset Servicing will be responsible for providing …

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