Author: NBTC

The pilot showed how stablecoins could help address some of the timing constraints of traditional cross-border settlement. Conventional processes can take a day or more when transactions are initiated outside banking hours, while stablecoin settlement can operate around the clock. For banks and businesses, this could provide greater visibility and certainty over incoming funds, improve liquidity management and reduce the amount of capital tied up while transactions are pending. Lloyds and Visa also tested the ability to settle across different blockchain environments. Lloyds operated its own node on Canton, using the network’s configurable privacy features, while Visa supported settlement on…

Several changes target transaction paths that could previously fail in edge cases. CheckCash and CheckCancel now reject an all-zero CheckID during preflight with temMALFORMED, while a narrow divide-by-zero condition involving AMMWithdraw returns tecAMM_FAILED instead of ending in tefEXCEPTION. Other fixes adjust freeze handling for transfers involving pseudo-accounts and tighten safeguards around AMMs, permissioned markets and cleanup processes, according to the XRPL amendment registry. The code supporting those changes has been available since xrpld 3.3.0 was released Aug. 6. Their activation this week marks the point when they shifted from optional software support into rules that servers must understand to remain…

What the SEC says Meyer did Meyer and his company are said to have operated scams starting at least in December 2021, misappropriating funds and making false statements to investors, as per the litigation release on September 30. The SEC alleges that in at least three instances, funds raised from investors were used to cover Meyer’s personal expenses. Investors from one scheme reportedly were provided account statements that showed inflated values. In another scheme involving three funds, investors supposedly received amounts less than what they should have gotten and were made to sign release documents prior to receiving payments. Additionally,…

Reap is described as the first fintech in Asia to partner with Visa at this scale, enabling stablecoin credit card issuing that stretches well beyond a single region. That distinction matters because it signals Visa is treating stablecoin-linked cards as a mainstream product line rather than a niche offering confined to crypto-native markets. Expanding Beyond Asia and Latin America into EMEA and Africa Until now, Reap’s Visa card issuing infrastructure was concentrated in Asia and Latin America. This collaboration pushes that footprint into EMEA and Africa, meaning businesses in those regions gain access to the same card-issuing rails that Reap…

Price Action Breakdown While specific trading volume data remains unreported, the proposal’s emergence comes at a time when Solana’s network activity is under scrutiny. The enhancements offered by SIMD-0675 may lead to increased interest from developers and users, potentially boosting future transaction volumes. Improved efficiency could translate to a more robust market position for Solana as it competes with other blockchains. Solana is a high-performance blockchain designed for decentralized applications and crypto projects. Its validators play a crucial role in maintaining the network’s speed and efficiency. The proposed SIMD-0675 initiative falls under Anza’s research umbrella, aimed at optimizing operational aspects…

That leaves Thursday’s ECB decision as the next major macro event that could shift the currency backdrop before US inflation data return the focus to the Federal Reserve. The distinction will hinge on what moves alongside the euro. A sustained Bitcoin recovery would carry more weight if it coincides with lower real yields, easier credit conditions and gains in both $BTC/USD and $BTC/EUR. A falling DXY on its own could simply reflect Europe becoming relatively more attractive. A stronger euro can flatter Bitcoin’s dollar signal The complication comes from how the dollar index is constructed. The euro carries a 57.6%…

What the Data Shows As of now, $AAVE holds a price point of $0 with no recorded trading volume. This unusual inactivity may suggest a consolidation phase or a quiet period in the market as traders reassess their strategies. The absence of volume also highlights the potential for sudden price movements as new trading actions, like the recent whale activity, emerge on the scene. $AAVE is a decentralized finance (DeFi) protocol that allows users to lend and borrow a wide range of cryptocurrencies. Its increasing adoption reflects a broader trend in the DeFi sector, making it a focal point for…

Under the broader proposal, MSCI would first assess whether a company has substantial operating assets before applying five additional financial tests. Its own simulation showed that Strategy, Metaplanet and uranium investment company Yellow Cake would be removed under the proposed methodology. Removing crypto treasury firms like Strategy or Metaplanet from MSCI indexes could force funds that track those benchmarks to sell their shares. In 2025, JPMorgan analysts estimated Strategy could face about $2.8 billion in outflows if it were excluded, Cointelegraph reached out to MSCI for comment but had not received a response before publication. BPI questions how MSCI defines…

Market Snapshot Currently, PayPal’s new PYUSDx initiative has sparked interest in the stablecoin sector, even as the market remains volatile. While PayPal’s direct token prices remain unreported, the introduction of this infrastructure represents a notable development in the stablecoin competition. Traders are watching closely to see how this will influence other players in the market, especially given the significant volume already processed through this new framework. PayPal operates as a leading digital payment platform that facilitates online money transfers and serves as an electronic alternative to traditional paper methods. With the launch of PYUSDx, PayPal is asserting its influence in…

The judge dismissed 12 other claims with prejudice, preventing the plaintiffs from amending them in this case. Three consumer-protection claims were dismissed without prejudice. The plaintiffs have until Oct. 20 to amend those claims or tell the court they will not do so. Celsius, a crypto lender, filed for bankruptcy in July 2022 during the crypto market crash. It froze withdrawals a month earlier, leaving customers unable to access about $4.7 billion in assets. The Chainalysis lawsuit is part of the estate’s effort to recover funds for creditors. Chainalysis told Cointelegraph it was unable to comment. Celsius’ litigation administrator had…