zerohash now enables its client base of banks, brokerages and payment companies to connect to Robinhood Chain and the assets running on it, including Global Dollar (USDG), the company said in a Tuesday (Aug. 11) press release. This capability is enabled by zerohash, a provider...
Corporate treasurers may soon get the speed and programmability associated with stablecoins without moving their cash outside the banking system. Wells Fargo said it will begin offering tokenized deposits to select corporate and commercial clients this fall. The blockchain-based service will initially support transfers between U.S. dollars...
Bitcoin’s promise of self-custody has always rested on a compelling proposition: Investors do not need to trust a bank, exchange or government to protect their assets. A major security incident reported this week involving Coldcard hardware wallets, however, has changed the risk calculus among firms...
BlackRock says it is expanding its cash management strategy with two new tokenized money market products. The new offerings are dubbed OnChain Shares of the BlackRock Select Treasury Based Liquidity Fund (BSTBL) and the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), the investment management giant...
Dune says it is one of Europe’s first companies to receive stablecoin payments through Stripe. The new integration means Dune’s enterprise customers can now pay for data products and application programming interfaces (APIs) in stablecoins, processed directly via Stripe’s payment infrastructure, the blockchain-focused data platform...
On-chain infrastructure firm zerohash has launched a set of products that allows artificial intelligence agents, intelligent applications and machine-to-machine systems to initiate financial transactions directly. The new Agentic Finance Suite gives payments companies, card networks and other businesses the infrastructure they need to embed programmable...
Banking giant BNY is bringing blockchain technology to its transfer agency business. The bank on Wednesday (July 29) unveiled its digital transfer agency (TA) capabilities, designed to address a growing set of client needs by extending BNY’s TA services to support digitally native funds as...
The stablecoin sandwich has become one of the most persuasive models for explaining how digital currencies like stablecoins can improve cross-border payments. The way the sandwich gets made is typically as follows: A business begins with fiat currency inside the regulated financial system. The money...
Digital financial platform Circle acquired IBM’s blockchain patent portfolio, according to a Monday (July 27) press release. “With this acquisition, Circle becomes the leader in blockchain patent holdings in the United States,” the release said. “The expanded IP position directly supports Circle’s foundation for building...