Nasdaq, Boerse Stuttgart, others ask EU to remove or increase cap in tokenization trial

The remittance giant is rolling out a Visa card that lets customers hold dollars and spend from a stablecoin-backed balance.

U.S. Bank completed a live cross-border payment between its North American and European entities using USBDC, a dollar-backed stablecoin the bank issued on Stellar, the bank said Wednesday. A federally regulated U.S.…

Tether and Fasanara Capital launched an evergreen private credit fund with $400 million of capital from the two sponsors and a target of up to $3 billion from third-party institutions, Tether said Wednesday..

Nasdaq’s venture arm agreed to invest $100 million in Payward, the parent company of Kraken, extending a tokenized-equities partnership the two firms struck in March and adding a market.

The Liquid team announced that the network has entered the next phase of its controlled resumption after a white-hat hacker took control of nearly 4,000 BTC and later returned 3,400 BTC..

Kraken will also adopt Nasdaq’s market surveillance technology across its trading venues.