Been a huge week for PayFi. History was made with the largest single onchain USDC transfer ever.
Headlines ↓
1️⃣
@ethena allocated $250M to
@Securitize’s tokenized AAA CLO fund (STAC) as it deploys on
@solana. One of the largest commitments to onchain structured credit.
2️⃣
@Nuvei to acquire
@Payoneer for $2.75B, merging payment acceptance with Payoneer’s cross-border payouts, multi-currency accounts, and same day settlement across 150 markets.
3️⃣
@StateStreet Investment Management announced the launch of the State Street Stablecoin Reserves Money Market Fund, a GENIUS Act-aligned money market fund designed specifically for the unique needs of stablecoin issuers.
4️⃣
@Bybit launched RWA Earn with
@plumenetwork and
@DigiFTTech, bringing tokenized PIMCO and CMBI bond funds onchain.
5️⃣
@masspay partnered with
@coinbase to bring stablecoin-powered payouts to businesses across 180 countries.
6️⃣
@Ripple participated in
@theflutterwave Series E funding round, marking a strategic partnership centered on integrating RLUSD and XRP Ledger into its PayFi infrastructure.
7️⃣
@Stable joined the
@mesh Alliance Program as a Gold member, enabling enterprises to settle USDT-native payments through a single integration, without holding a separate volatile token.
8️⃣ The largest single on-chain USDC transfer ever.
@circle transferred ~$4.4B USDC to
@coinbase via HyperEVM.
9️⃣ Stablecoin payments infrastructure platform Trace Finance raised $32 million in Series A funding round.
1️⃣0️⃣
@crediblefin partnered with OwlTing Group to power cross-border stablecoin payments between China and India.