OKX Singapore Enables USDC and USDT Payments at Grab Merchants via QR Codes

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OKX Singapore launched scan‑to‑pay support allowing users to spend USDC and USDT at Grab Pay merchants by scanning Singapore’s unified QR code (SGQR) through OKX Pay. Transactions will be settled onchain using the purpose bound money (PBM) framework, which applies programmable logic for compliant, conditional settlement, while regulated payment provider StraitsX performs compliance checks and […]

Brazil’s Finance Minister Claims CBDC Will Bring ‘Transparency,’ Ease Financial Transactions

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Fernando Haddad, Brazil’s finance minister, said the objective of Drex, the country’s CBDC, is to increase transparency of flows and facilitate financial transactions. Haddad denied that the government would seek to exert control or monitor payments using the tool. Brazil’s CBDC Does Not Seek Control, Finance Minister States Fernando Haddad, Brazil’s finance minister, shared his […]

Starknet Unveils BTCFi: Trustless BTC Staking, Partners, and 100M STRK Incentives

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Starknet today announced BTCFi, a trilogy of initiatives aimed at deepening bitcoin’s role as a global settlement asset by embedding BTC into Starknet’s security and consensus. For the first time on any L2, BTC holders can stake without losing custody to secure Starknet and earn rewards; the protocol already reportedly has ~65k delegators, ~150 validators […]

Latam Insights Encore: Venezuela Shows How A Stablecoin Strategy Can Drive a Country’s Economy

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Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine how USDT is overtaking dollar disbursements in Venezuela, and the irony of a sanctioned country leveraging a currency backed by the U.S. debt. Latam Insights Encore: The Venezuelan Case […]

Flying Tulip Raises $200M, Targets $1B in Combined Funding Across Token Sales

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Flying Tulip, a newly launched full-stack on-chain exchange founded by Andre Cronje, has successfully raised $200 million in a private funding round. The Full-Stack Onchain Ecosystem Flying Tulip, a newly launched full-stack on-chain exchange, recently secured $200 million in a private funding round. Founded by Andre Cronje, the exchange is set to launch a public […]

Qatar National Bank Taps JPMorgan’s Blockchain for Faster Dollar Payments

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Qatar National Bank (QNB) has adopted JPMorgan’s blockchain platform, enabling its corporate clients to settle U.S. dollar payments within minutes. The move highlights the Gulf region’s push to modernize financial infrastructure and attract global capital. Gulf Banking Giant Embraces Blockchain for 24/7 USD Transfers Qatar National Bank (QNB), the Middle East’s largest lender, has integrated […]

Report: Iran Caps Stablecoin Transactions as Rial Hits Record Low

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Iranian authorities have introduced stringent new restrictions on stablecoin usage, limiting annual purchases to $5,000 per person and total holdings to $10,000. Enforcement Details and Compliance Deadline Iranian authorities have announced sweeping new restrictions on stablecoin usage, capping annual purchases at $5,000 per person and total holdings at $10,000. The move, unveiled on Sept. 27 […]

Stablecoin Rewards Under Fire With Coinbase Accusing Banks of Bailout Play

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Coinbase is pushing back hard as major banks aim to strip stablecoin holders of rewards, spotlighting rising crypto adoption, surging yields, and a bruised traditional finance sector. Coinbase Slams Banks Over Stablecoin Rewards Battle Tensions between traditional finance and digital asset firms are escalating as policy debates over stablecoin rewards heat up. Coinbase (Nasdaq: COIN) […]