Daily Fintech / Payments Brief

Daily Fintech / Payments Brief — 2026-09-23 — https://fintech-digest-prd.pages.dev/2026-09-23/index.html 1. EU central banks urge MiCA changes on stablecoin reserve deposits and multi-issuer structures - Why it matters: Any MiCA change here could reshape how EU stablecoin issuers hold reserves and whether cross-border multi-issuer structures remain workable. - HKMA Relevance: Direct: This is a central-bank-driven debate on stablecoin regulation, which is directly relevant to the HKMA’s own policy and supervisory agenda. - 👉 Full details: https://fintech-digest-prd.pages.dev/2026-09-23/1-eu-central-banks-urge-mica-changes-on-stablecoin-reserve-dep.html 2. SoFi Bank goes live with SoFiUSD settlement across Mastercard’s card network - Why it matters: 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. - HKMA Relevance: Direct: This is a card-network stablecoin-settlement move involving an OCC-regulated bank and Mastercard, a type of payments and tokenisation development that is directly relevant to the HKMA’s own central-banking and payments agenda. - 👉 Full details: https://fintech-digest-prd.pages.dev/2026-09-23/2-sofi-bank-goes-live-with-sofiusd-settlement-across-mastercar.html 3. BVNK integrates Stellar blockchain into its stablecoin payments platform - Why it matters: The story points to continued competition among stablecoin infrastructure providers to offer businesses more blockchain payment rails behind a single integration. - HKMA Relevance: Direct: This concerns cross-border stablecoin payment infrastructure that could be relevant to Hong Kong firms using global payout or treasury rails, but it does not involve the HKMA or another central bank. - 👉 Full details: https://fintech-digest-prd.pages.dev/2026-09-23/3-bvnk-integrates-stellar-blockchain-into-its-stablecoin-payme.html 4. J.P. Morgan Payments picks Thunes to extend Xpedite Remit cross-border payouts - Why it matters: 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. - HKMA Relevance: Direct: This is a global cross-border payments infrastructure partnership that could matter to Hong Kong institutions using international payout networks, but no direct HKMA or Hong Kong measure is identified. - 👉 Full details: https://fintech-digest-prd.pages.dev/2026-09-23/4-j-p-morgan-payments-picks-thunes-to-extend-xpedite-remit-cro.html 5. Eurosystem brings central bank money to tokenised finance - Why it matters: 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. - HKMA Relevance: Direct: This is a central bank initiative on tokenised settlement infrastructure, a policy and market area directly relevant to the HKMA’s own work on wholesale digital money and tokenisation. - 👉 Full details: https://fintech-digest-prd.pages.dev/2026-09-23/5-eurosystem-brings-central-bank-money-to-tokenised-finance.html