Financial Infrastructure stories

Ripple and Kyobo Life trial blockchain settlement for South Korean government bonds, aiming to cut processing times from two days to near real-time.

Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.

Visa takes a direct stake in Tempo's blockchain operations, joining an early group of outside validators as it deepens its stablecoin and payments push.

Aspire taps J.P. Morgan Payments for cross-border FX as the Singapore fintech expands wallet conversions in SGD, USD, GBP, EUR and HKD.

Linux Foundation takes control of Coinbase's x402 protocol as Amazon, Visa and Mastercard back open payments standard for AI-driven web transactions.

Ripple adds digital asset treasury tools for CFOs, bundling XRP and RLUSD with cash in one dashboard as stablecoin use rises.

OpenFX secures USD $94 million to scale real-time cross-border payments, after growing annual volumes to more than USD $45 billion and adding 100-plus clients.

Airwallex secures Bank Negara Malaysia approvals to broaden its payments and foreign exchange services for businesses across the country.

Thunes wins Juniper Research top-three nod for cross-border payments as network breadth, interoperability and stablecoin links reshape the market.

Digital wallets still lead Asia-Pacific payments, but account-to-account rails are rising fast in Hong Kong, Thailand and Singapore, Global Payments says.

Earlyasset emerges from stealth with $2 million pre-seed backing to build infrastructure for broader private market share sales.

Tether Gold debuts on BNB Chain as Paolo Ardoino's firm seeks wider reach for tokenised bullion amid a surge in demand for real-world assets.

MobiFone Digital Payments has launched in Hanoi with Visa and 20 partners as it seeks to build Vietnam's next national payments network.

Monash University Malaysia and Emerging Payments Association Asia launch a three-year research pact on quantum-safe cryptography, stablecoins and fraud.

OpenAI selects Brex to run global spend and finance operations, as automation tools vie to serve the fast-growing AI sector's complex needs.

Rhino.fi unveils Stablecoin 1:1, promising predictable USDT and USDC cross-chain settlements for businesses across 25+ networks.

Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.

Wise wins full Thai licences to launch cross-border wallets and cards, challenging banks in a USD $9.46 billion remittance market.

TransFi raises USD $19.2m to scale stablecoin-powered cross-border payments across emerging markets, led by Turing Financial Group.

Cryptio raises USD $45m Series B to scale its digital asset ERP platform for banks, auditors and tokenisation firms handling on-chain data.