Fintech
Swedish fintech Klarna said it plans to issue a U.S. dollar–backed stablecoin as it expands into digital assets, joining a growing field of payment firms exploring tokenized money. The announcement comes as regulators worldwide increase scrutiny of stablecoins and crypto payments.
Revolut reached a $75 billion valuation after a secondary share sale led by Coatue, NVIDIA and Fidelity, the London-based fintech said Monday. The deal reflects strong investor appetite for established fintechs with crypto offerings and provides liquidity to early shareholders.
KuCoin Pay has integrated Brazil’s Pix instant-payment network, allowing users to convert crypto into BRL and pay merchants via QR codes. The integration targets everyday use in Latin America’s largest crypto market.
Visa has started a pilot that lets businesses send instant stablecoin payouts to freelancers worldwide using blockchain rails. The program tests combining Visa’s payments infrastructure with digital-asset settlement to speed cross-border payouts.
Revolut announced users can now convert U.S. dollars to Tether’s USDT and Circle’s USDC at a 1:1 rate with “no spreads” and straight price-matching, though fees may apply above set volume limits.
Visa has launched a pilot that pays freelancers, creators and gig workers directly in USDC, enabling near-instant cross-border transfers. The program aims to speed settlement and expand stablecoin use within established payment rails.
Visa has launched a pilot allowing U.S. businesses to send payouts in USDC to speed up cross-border payments for creators and freelancers. The program signals growing integration of stablecoins into mainstream payment rails.
Beyond is building a bridge that connects Bitcoin’s security and store-of-value role with the utility of modern blockchain ecosystems, promising new integrations across DeFi and traditional finance. This development could reshape BTC’s role in global financial infrastructure.
FIS and Intain unveiled a blockchain marketplace on Avalanche that lets regional and community banks securitize and sell loan portfolios directly to institutional investors. The platform aims to accelerate liquidity, cut securitization costs and extend DeFi-style market access to traditional lenders.
After a $500 million fundraise that values Ripple at about $40 billion, CEO Brad Garlinghouse says the company will focus on linking crypto rails with legacy finance to improve cross‑border transactions and settlement. The move signals deeper institutional integration for XRP and broader adoption opportunities across banking and payments.