01
EU central banks urge MiCA changes on stablecoin reserve deposits and multi-issuer structures
Any MiCA change here could reshape how EU stablecoin issuers hold reserves and whether cross-border multi-issuer structures remain workable.
Daily edition
Fintech / Payments Brief
Material developments in payments, digital finance and regulation, selected for an HKMA audience.
5 stories
Today’s brief
02
SoFi Bank goes live with SoFiUSD settlement across Mastercard’s card network
This is a live example of a bank-issued stablecoin being used for mainstream card settlement, which could reduce settlement friction without requiring merchants to change existing payment acceptance infrastructure.
03
BVNK integrates Stellar blockchain into its stablecoin payments platform
The story points to continued competition among stablecoin infrastructure providers to offer businesses more blockchain payment rails behind a single integration.
04
J.P. Morgan Payments picks Thunes to extend Xpedite Remit cross-border payouts
The partnership points to continued bank-fintech collaboration to widen instant or near-real-time cross-border payout reach without building local rails in each market from scratch.
05
Eurosystem brings central bank money to tokenised finance
A central-bank-money settlement rail for tokenised wholesale transactions could lower settlement risk and support broader institutional adoption of tokenised financial markets in Europe.