ANZ Bank executed a live US dollar payment between Melbourne and New York using tokenised deposits and Swift's blockchain ledger, bringing together mining group BHP and Citi in what the bank announced on 30 September 2026. The technology operated invisibly within BHP's existing treasury workflow, requiring no change to the corporate's banking processes.

A Visa-commissioned survey finds 46% of Asia-Pacific consumers willing to use stablecoins within five years, yet just 6% claim strong understanding — a gap that points to education, not product availability, as the real adoption barrier.

San Francisco-based Latitude has closed a $35 million Series A led by Oak HC/FT, bringing total funding to $43 million, as the startup scales infrastructure that converts US dollars via stablecoin rails into local currency across more than 50 countries.

A Visa survey of 14,250 adults across 14 Asia-Pacific markets finds 66% aware of stablecoins and 46% likely to use them within five years — but just 6% can accurately explain how they work. The gap is sharpest around basic mechanics, with 41% wrongly believing stablecoins always rise in value.

SoFi Bank, N.A. began settling its Mastercard-powered credit and debit card transactions in SoFiUSD on 22 September 2026, six months after the partnership was announced. The card programme is expected to process more than $25 billion in annualised volume under the blockchain-based settlement arrangement.

Thredd and Velocity have announced a partnership to integrate stablecoin-powered funding, payouts and on-chain settlement into Thredd's existing card and payments platform, targeting B2B and B2B2B use cases from launch. The deal follows Thredd's August 2026 work powering Cashi's stablecoin spending card, signalling a deliberate build-up of stablecoin card infrastructure across the year.

Deutsche Bank has announced plans to offer digital asset custody for institutional and corporate clients across Europe, covering Bitcoin, Ether and select stablecoins including euro-denominated EURC and AllUnity EUR. The service, built over three years with infrastructure partner Taurus, is conditional on regulatory clearance under MiCA.

The Clearing House has chosen Quant to provide interoperability and transaction management software for its On-Chain Money Initiative, a network designed to let US banks of all sizes clear and settle tokenised deposit transactions. The network is provisionally targeted for availability in the first half of 2027.

IBM has launched beta connectivity between its Digital Asset Haven platform and Swift's blockchain-based shared ledger for tokenised deposits, alongside an on-premises deployment option running on Red Hat OpenShift. Both capabilities remain in beta and are not yet generally available.

Barclays, HSBC UK, Lloyds, Monzo, Nationwide, NatWest and Santander have completed live interbank tokenised deposit transactions under UK Finance's Great British Tokenised Deposit programme. Quant built the technical infrastructure, with EY managing the project and Linklaters providing legal advice and rulebooks.

Miami-based Jeeves has closed a $110 million Series C led by CoinFund, with backing from Andreessen Horowitz, GIC, AllianceBernstein, Coinbase Ventures and others, to expand its stablecoin-settled corporate banking platform from 25 to 35 countries.

Volante Technologies and Circle Internet Group announced on 28 September 2026 that banks using Volante's VolPay platform can integrate USDC stablecoin workflows — covering minting, redemption, wallet registration, funding, notifications and wallet-to-wallet execution — without building a separate digital-asset stack. The deal pairs Volante's Payments-as-a-Service platform with Circle, the NYSE-listed issuer of USDC.

San Francisco-based Atum has raised $13.5 million in seed funding led by Variant to launch a custody-free coordination layer connecting payment initiators with competing independent settlement providers. The round also includes PayPal Ventures, Mirana Ventures and several other investors.

A consortium of more than 140 companies — including Visa, Mastercard, Stripe, Coinbase and BlackRock — launched Open Standard and its dollar-pegged stablecoin OUSD on 30 June 2026, with the stated aim of redistributing stablecoin yield to participating institutions. The announcement triggered an approximately 15% drop in Circle's stock price.

Klarna has announced KlarnaUSD, a USD-denominated stablecoin built on the Tempo blockchain, positioning the newly listed Swedish fintech as one of the most prominent mainstream European consumer companies to enter the stablecoin payments space. The launch is framed as a payments infrastructure play targeting a market Klarna claims processes $27 trillion in annual transactions.

Ripple is positioning its RLUSD stablecoin for corporate treasury use following its $1 billion acquisition of GTreasury, giving the firm access to approximately 1,200 enterprise treasurer and CFO customers. The combined platform's clients collectively process roughly $13 trillion in annual transactions, according to Ripple's SVP of Stablecoins Jack McDonald.

A 28-member European industry coalition led by ADAN is urging the European Commission to raise transaction-volume thresholds in the DLT Pilot Regime via the Market Integration and Supervision Package, arguing current caps make tokenized market infrastructure commercially unviable.

Coinbase and payments infrastructure firm Moov have announced a partnership to extend stablecoin payment acceptance, settlement and real-time funding capabilities to the more than 1,000 U.S. community banks and credit unions in Moov's network. The deal lands as the U.S. Senate prepares to vote on the CLARITY Act, the proposed federal stablecoin framework.