Cross River Bank is adding Ripple’s US dollar-backed RLUSD stablecoin to its core banking platform with XRP Ledger support, giving fintechs a route to stablecoin payments through the same connection…
banking
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Canada’s six largest banks are jointly exploring a system for tokenized Canadian dollar deposits that would allow digital representations of bank deposits to move between financial institutions. The initiative involves…
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Crypto Currency
Swift’s New Blockchain Ledger Targets $315B Stablecoin Market With 17 Banking Giants
Key Takeaways: Swift has enabled its ledger, and 17 major banks are looking forward to testing out cross-border payments tokenized. The platform allows for direct 24/7 transfers between the money…
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MrBeast said he is acquiring Step, a fintech app focused on teens and young adults. The announcement follows a trademark filing for “MrBeast Financial,” signaling plans that span banking, investing,…
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Stocks
PNC Bank launches direct spot bitcoin trading capabilities in private banking unit (PNC:NYSE)
Althom/iStock Editorial via Getty Images PNC Financial Services Group (PNC) unit PNC Bank launched direct spot bitcoin trading capabilities for eligible clients of its private banking division. Clients can buy,…
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Only a few years ago, funding decisions relied on manual spreadsheets, phone calls, and gut instinct. Today, artificial intelligence is revolutionizing how capital moves, providing investors and banks with real-time…
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For years, Ripple was best known for its legal battles and its token, XRP, which was a symbol of crypto’s friction with the traditional financial world. Now, after years of…
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Key Takeaways Global regulators are reassessing banking rules for holding crypto, spurred by the rise of stablecoins. The Basel Committee may adapt prudential guidelines to reflect evolving risks and roles…
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Investment
The Weakness in US Regional Banking Now May Be Another Silicon Valley Bank Opportunity – Investment Moats
This week has been a very topsy-turvy week for the portfolio. Not only did it not benefit from the run in small cap because it lacks those companies with no…
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Banking tokens have been the talk of the town for the past few weeks. It looks like the market is moving to banking utility plays in Q4, and out of…
