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TradFi & Fintech

Revolut Starts EURR Rollout With Bridge as Regulated Issuer
TradFi & Fintech

Revolut Starts EURR Rollout With Bridge as Regulated Issuer

Revolut opens EURR to selected customers in three countries; Bridge reported €374 outstanding, compared with €394.5 million of Circle’s EURC.
Bitwise Launches Self-Custodied Tokenized Stock Portfolio on Base
TradFi & Fintech

Bitwise Launches Self-Custodied Tokenized Stock Portfolio on Base

Only the Mag7X strategy is active at launch, holding four Coinbase-issued stock tokens; two additional Bitwise models remain marked ‘coming soon.’
Ex-X Product Chief Says Trade Buttons Coming
TradFi & Fintech

Ex-X Product Chief Says Trade Buttons Coming

Nikita Bier left the role on Aug. 5. No X corporate account has ever announced a trading feature, and Bier said in February that the company is not handling trade execution.
HSBC and Standard Chartered Complete First Live Transaction on Swift Blockchain Ledger
TradFi & Fintech

HSBC and Standard Chartered Complete First Live Transaction on Swift Blockchain Ledger

Swift’s ledger matched and netted obligations recorded on the banks’ separate platforms, but final settlement still ran through existing systems.
Tenev Pushes for Tokenized Stocks in America
TradFi & Fintech

Tenev Pushes for Tokenized Stocks in America

The Robinhood CEO published a case for US equity tokenization five days after the SEC shelved its innovation exemption for a second time.
Deel Takes Its DLUSD Stablecoin Wallet to More Than 80 Countries
TradFi & Fintech

Deel Takes Its DLUSD Stablecoin Wallet to More Than 80 Countries

The payroll platform's dollar balance, issued through Stripe's Bridge and settled on Tempo, is now live across Latin America, Africa, the Middle East and Asia-Pacific. The US, UK, EU and Australia remain excluded.
Stripe’s Reported $7 Billion OpenRouter Deal Buys Micropayments Without a Blockchain
TradFi & Fintech

Stripe’s Reported $7 Billion OpenRouter Deal Buys Micropayments Without a Blockchain

OpenRouter meters AI usage against prepaid deposits and charges 5% on crypto top-ups against 5.5% on card purchases made through Stripe. Stripe co-incubated Tempo to settle machine payments onchain; the chain is running at about one transaction per second.
Tempo Launches Embedded Yield Product for Platforms, Starting With Deel
TradFi & Fintech

Tempo Launches Embedded Yield Product for Platforms, Starting With Deel

Tempo Earn routes rewards through Morpho vaults and tokenized money market funds, placing the payment outside the stablecoin issuer that US law bars from paying interest. Deel's contractor wallet is the first named deployment, at a promotional target rate of up to 4% APY.
Securitize’s Tokenized Assets Hit $4.3 Billion as Revenue Falls
TradFi & Fintech

Securitize’s Tokenized Assets Hit $4.3 Billion as Revenue Falls

Tokenization revenue dropped 12% and operating costs jumped 56%, showing that higher onchain assets have yet to produce steadier earnings.
SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral
TradFi & Fintech

SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral

The relief lets Franklin Templeton’s registered funds hold FOBXX through an affiliated blockchain-integrated system, subject to 12 custody and control conditions.