Moody's Grants Ripple RLUSD First Investment Grade Stablecoin Rating
The credit agency's A2 and P-1 grades give Ripple's dollar token a bank style seal, but the rating stops short of insured deposit protection or a fix for bankruptcy exposure.
Stablecoins, AI advisors, payments, and the technology rewriting finance.
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The credit agency's A2 and P-1 grades give Ripple's dollar token a bank style seal, but the rating stops short of insured deposit protection or a fix for bankruptcy exposure.
Revolut has entered British consumer lending with unsecured loans priced from 6.9%, aiming to sell most of the credit risk while it builds a wider banking franchise.
The Nigerian digital payments group plans to sell 16 million American Depositary Shares on the NYSE, with Standard Bank and other backers lining up major commitments.
SoFi Bank's new SOFIE token pays a variable 4.40% APY with FDIC coverage up to $250,000 and converts one for one into the SoFiUSD stablecoin, aimed at crypto cash sitting idle.
London Stock Exchange Group will pay $3.535 billion in cash for New York credit data specialist Octus, betting that proprietary private credit intelligence can resist pressure from artificial intelligence.
Ireland's central bank has penalised Coinbase Ireland 3,252,618 euros for safeguarding and outsourcing breaches spanning 57.5 months, with the sanction still awaiting High Court confirmation.
The comptroller's office becomes the first federal banking regulator to finish a GENIUS Act rulemaking, dropping a proposed yield presumption while keeping a $5 million capital floor.
Mynt sold 8.03 billion shares at P6.60 each, closed its first PSE session at the offer price, and ended the day with a P441.51 billion market value.
The remittance giant has rebuilt its app and website around one account that connects cash, digital transfers and a dollar balance in selected markets.
Circle plans to extend its USDC token into roughly 40 developing economies, funded by a $400 million Tazapay purchase and a $100 million Binance investment, its chief executive says.
Mastercard's new platform lets banks and fintechs embed accounts that hold fiat and stablecoins, convert between them through one API and pay out into local bank accounts.
The New York fintech says its annualized revenue has passed 2 billion dollars and that more than 85,000 companies now use its software to manage over 275 billion dollars in purchase volume.
Visa received approval from the People's Bank of China on October 13, 2026, to begin preparatory work for a wholly-owned domestic bank card clearing institution, with one year to complete preparations before applying for a full license.
India pushed the first ever UPI merchant fee past Diwali, two days before a 0.4% charge on transactions above ₹2,000 was due to start, leaving the date open.
Singapore's central bank chief warned that stablecoins lack guaranteed par value, arguing that central bank money should anchor large wholesale transactions as MAS tests tokenised bills.
The Ripple-backed XRP treasury company will trade on Nasdaq under XRPN on October 12 after raising about $300 million and holding roughly 473 million tokens.
The European Securities and Markets Authority has told MiCA-authorised crypto firms to stop serving EU clients with stablecoins such as Tether's USDT, with a remediation deadline of January 8, 2027.
African mobile payments firm Airtel Money began conditional trading on the London Stock Exchange at £1.96 per share, valuing the company at about £5.3 billion and raising roughly £529 million.
Citi led a 120 million dollar Series E within a 220 million dollar package of equity and debt that funds Capitolis planned 200 million dollar purchase of securities lending specialist eSecLending.
ECB official Piero Cipollone argues that Europe's patchy card payment market and closed tokenised finance platforms make a shared digital euro and central bank settlement rails more urgent than ever.
Four Energy Transfer entities worth nearly $100 billion became the first corporate primary listings on the Texas Stock Exchange, which has now raised $430 million in total capital.