Distributed Ledger stories
Banks are adopting stablecoins, tokenisation and digital custody as crypto's ideas quietly reshape payments, settlement and asset transfer.
The service lets remittance recipients hold dollar value in 37 markets, helping protect balances from local currency swings before spending via Visa.
Banks can now manage Hedera custody, issuance and smart contracts on one platform, reducing vendor sprawl and integration delays for tokenised products.
Institutional investors may gain faster settlement and better collateral use as Ripple expands its XRP Ledger push beyond payments into fund infrastructure.
The connector should help finance teams reconcile stablecoin transfers and AI-driven payments as blockchain settlement strains older back-office systems.
Cross-border payments are becoming faster and more transparent, with stablecoins and data-driven lending broadening access for firms shut out by banks.
Digital payments, AI and open banking are set to propel the sector to USD $1,533.29 billion by 2034, the report says.
Most financial services firms expect tokenised and traditional assets to coexist, as 84% call tokenisation strategically important.
More than 30 firms joined a production test that could speed settlement and collateral movement across US markets, after SEC clearance.
The new framework is intended to help firms prove AI tools are reliable and compliant as regulators demand ongoing evidence, not one-off audits.
Seventeen banks will test whether tokenised deposits can speed cross-border payments and extend settlement beyond normal market hours.
The new capital will expand trading, clearing and settlement services as the digital asset venue targets more institutional clients worldwide.
Delayed cross-border payments are costing banks millions and leaving businesses chasing funds they cannot trace.
Live tests suggest tokenised deposits could trim steps and settlement risk in cross-border wholesale payments across four currencies.
Canadian mid-market firms will gain access to local-currency supplier payments as KEO Capital opens in Toronto with a USD $50 million lending line.
Investor voting and disclosures will now extend to tokenised equities on Alpaca's platform, as Broadridge adds governance controls to the network.
Its tokenised deposit push could gain wider reach after the Reno-based firm brought in a former Apple Pay and Cash App executive.
Cross-border transfers and everyday checkout payments could become quicker and cheaper if digital records of assets are widely adopted.
AI agents can now draft payments and wallet actions while final approval stays on a Ledger device, limiting theft if software is compromised.
Select banks and fintechs can now test stablecoin transfers in a Visa-managed environment built for treasury and settlement work.