Another defining week for PayFi.
Headlines ↓
1️⃣
@Visa @stripe @Mastercard @coinbase @blackrock and 140+ partners unveiled Open USD (OUSD), a consortium stablecoin launching natively on
@solana, with reserve yield shared across issuers.
2️⃣
@sparkdotfi and
@Uniswap teamed up to build a stablecoin FX layer with $150M in Uniswap v4 liquidity across USDS/USDT and USDS/PYUSD.
3️⃣ Huma surpasses $15B in PayFi Transactions, continuing to grow at 3x YoY.
4️⃣ SBI Group and Startale Group launched
@JPYStableCoin, Japan’s first trust bank-backed yen stablecoin.
5️⃣ Standard Chartered teamed up with
@Circle to enable its institutional clients to access USDC stablecoin minting and redemption.
6️⃣
@coinbase partnered with
@Spiko_finance for instant stablecoin entry and exit in European UCITS funds.
7️⃣ BNY expanded its relationship with Circle, adding to its institutional-grade stablecoin enablement services.
8️⃣
@SoFi's stablecoin SOFID went from $100M to $300M after expanding to Solana.