Digital Banking
A crypto infrastructure firm announced a $250 million initiative to expand stablecoin payment rails, aiming to let projects operate like digital banks on blockchain. The move underscores growing industry emphasis on payments built on crypto rails as an alternative to traditional banking.
Lloyds is replacing physical paperwork with blockchain and AI systems across trade and lending to speed transactions and cut costs. The bank says it will explore tokenized deposit products with an eye toward launch by 2027.
The Philippines' fastest-growing digital bank has launched crypto trading for BTC, ETH, SOL and more via a secure app integration with U.S. fintech Alpaca. The move brings buy/sell/hold crypto access directly into its mobile banking interface.
Fasset has been granted a provisional banking license in Malaysia, marking the launch of the first stablecoin-powered Islamic digital bank targeting Asia and Africa with innovative Shariah-compliant services and cryptocurrency integrations.