JPMorgan Eyes Canton Network for Next Phase of JPM Coin

Published at 2026-01-07 13:15:12

JPMorgan’s Kinexys unit is extending JPM Coin by preparing a native U.S. dollar deposit token on the Canton Network, moving beyond the firm’s existing infrastructure. Launching the deposit token on Canton would place JPM’s dollar token on an interoperable, permissioned ledger designed to connect enterprise systems and enable native cross-ledger settlement.

If rolled out, the Canton-based token could reduce reconciliation friction and speed up settlement for institutional payments, treasury and securities workflows while maintaining JPMorgan’s compliance and control features. The development underscores continued bank-led momentum in tokenized cash rails and will be closely watched by counterparties and regulators as firms assess integration, liquidity and practical use cases.

JPM CoinJPMorganCanton NetworkStablecoinTokenizationInstitutional

Share on:

STRC’s trading volume spiked after an issuance indicating an approximately 1,000 BTC purchase, the issuer's largest one-day move since July. The action points to aggressive accumulation from Strategy, the largest publicly traded bitcoin holder.

InstitutionalBitcoinAccumulationSTRCMarket Volume

Published at 2026-03-04 11:15:47

Russia Mulls Legal Framework for Stablecoin Payments, Bans Crypto Payments

Russian authorities are considering legalizing payments with fiat‑pegged stablecoins while moving to prohibit traditional cryptocurrencies for payment use. Stablecoin transactions could be governed by a dedicated legal framework to follow broader crypto legislation.

RegulationRussiaStablecoinCryptocurrencyPayments

Published at 2026-03-04 11:01:08

ARQ Raises $70M from Sequoia and Founders Fund to Expand Stablecoin Finance

ARQ — formerly DolarApp — has closed a $70 million funding round led by Sequoia and Founders Fund to scale stablecoin-based wealth management and credit services across Latin America.

InvestmentSequoiaLatin AmericaStablecoinFintechFounders Fund

Published at 2026-03-04 07:15:10

SoFiUSD Comes to Mastercard Network for Stablecoin Settlements

SoFi and Mastercard will support settlement in SoFiUSD across Mastercard’s global payments network, marking a move to integrate regulated U.S. dollar stablecoins into mainstream card infrastructure. The integration aims to speed settlement and expand on‑ramp/off‑ramp options for merchants and payment providers.

SoFiPaymentsRegulationMastercardStablecoin

Published at 2026-03-03 18:15:27

Visa and Bridge Expand Stablecoin-Backed Card Program to 100+ Countries

Bridge has partnered with Lead Bank in Visa’s stablecoin settlement pilot to let businesses and fintechs issue Visa cards funded by stablecoins, expanding coverage to more than 100 countries. The rollout aims to broaden stablecoin on-ramps and real-world payments.