https://cryptobanking.news/banks/zand/Verified items about Zandhttps://cryptobanking.news/item/alatau-city-bank-kase-dfa-first-bank/https://cryptobanking.news/item/alatau-city-bank-kase-dfa-first-bank/Fri, 30 Oct 2026 00:00:00 GMTAlatau City Bank said on 30 October 2026 that it has become Kazakhstan's first second-tier (commercial) bank to join the Digital Financial Assets (DFA) platform of the Kazakhstan Stock Exchange (KASE), and that at this stage it will focus exclusively on the B2B segment and the tokenization of real assets. The areas it names include tokenized bonds, the launch of the bank's regulated stablecoin in tenge and other currencies, the tokenization of deposits, corporate financing and bank escrow services for issuances; tokenized assets can be based on stocks, bonds, currencies, commercial real estate, commodities and equipment. The bank put its assets at approximately 3.15 trillion tenge as of 1 October 2026. Source: https://alataucitybank.kz/en/articles/news/alatau-city-bank-stal-pervym-bankom-vtorogo-urovnya-na-rynke-cfa-kasetokenizationstablecoinstokenized-depositshttps://cryptobanking.news/item/ecb-digital-euro-network-service-providers/https://cryptobanking.news/item/ecb-digital-euro-network-service-providers/Fri, 30 Oct 2026 00:00:00 GMTThe ECB has selected two network service providers (NSPs) for the digital euro, following a call for applications launched on 27 August 2025 and a subsequent tender, and published the outcome on 30 October 2026. The providers are a Nexi Payments and Deutsche Telekom Business Solutions grouping and a Telefónica de España, Telefónica Global Solutions and Indra grouping; they will connect participating payment service providers and national central banks to the digital euro service platform. The first-ranked provider's contract entered into force on 28 September 2026 and initially covers the pilot, the second-ranked provider's contract starts in May 2027, and both will be ready as of 2029 for a potential issuance, subject to the Governing Council's decision on the next phase. Source: https://www.ecb.europa.eu/press/intro/news/html/ecb.mipnews261030.en.htmlcbdcpaymentshttps://cryptobanking.news/item/hsbc-uber-tokenized-deposits-canton-mmf-pilot/https://cryptobanking.news/item/hsbc-uber-tokenized-deposits-canton-mmf-pilot/Fri, 30 Oct 2026 00:00:00 GMTHSBC Bank USA, with Franklin Templeton, Tradeweb Markets, Fireblocks and pilot client Uber, announced on 30 October 2026 the successful demonstration of a 24/7 liquidity and settlement solution on the Canton Network for corporate treasurers. Using HSBC Tokenized Deposits, Uber purchased Franklin Templeton tokenized money market funds on Tradeweb through delivery-versus-payment transactions on Canton via Fireblocks, and was able to liquidate a portion of its tokenized fund holdings, including over a weekend, while continuing to earn yield. The release says the tokenized deposits reflect commercial bank money held in HSBC demand deposit accounts, that redemption proceeds can only settle to KYC-verified corporate bank accounts, and that the deposits are FDIC-insured up to applicable limits. Source: https://www.tradeweb.com/newsroom/media-center/in-the-news/uber-completes-pilot-of-a-first-ever-on-chain-liquidity-and-settlement-solution-on-a-public-network-pioneered-by-hsbc-franklin-templeton-tradeweb-and-fireblocks-on-canton/tokenized-depositspaymentshttps://cryptobanking.news/item/boe-consultation-tokenised-collateral-central-clearing/https://cryptobanking.news/item/boe-consultation-tokenised-collateral-central-clearing/Thu, 29 Oct 2026 00:00:00 GMTThe Bank of England launched a consultation on 29 October 2026 on a proposed Supervisory Statement setting out how it would assess applications by central counterparties (CCPs) to accept tokenised forms of collateral that is already eligible in central clearing. The Bank says the existing regulatory framework is not a barrier, provided tokenised collateral meets the standards required in central clearing, including remaining capable of being valued, transferred and realised when needed, including in stressed conditions. The consultation closes on 12 February 2027 and forms part of the Bank’s work with the FCA, HM Treasury and industry on tokenisation in UK wholesale markets. Source: https://www.bankofengland.co.uk/news/2026/october/bank-of-england-sets-out-approach-to-tokenised-collateral-in-central-clearingtokenized-depositsregulationhttps://cryptobanking.news/item/cpmi-central-banks-payments-trust-in-money/https://cryptobanking.news/item/cpmi-central-banks-payments-trust-in-money/Thu, 29 Oct 2026 00:00:00 GMTThe BIS Committee on Payments and Market Infrastructures (CPMI) published a report on 29 October 2026, "The roles of central banks and central bank money in the evolving payment system", examining innovations including fast payment systems, non-bank payment service providers, tokenised deposits, stablecoins and programmable platforms. It reaffirms central bank money as the anchor of trust and the settlement asset for systemically important systems, and highlights four areas for central banks' consideration: as issuer (which entities get access to central bank accounts, for which services and on which terms), operator, overseer (assessing whether stablecoins and tokenised arrangements perform functions similar to financial market infrastructures, and their systemic importance) and catalyst. The report builds on the CPSS's 2003 publication on the role of central bank money in payment systems and follows the BIS and CPMI report to the G20 on tokenisation published in October 2024. Source: https://www.bis.org/media-releases/20261029-cpmi-publishes-analysis-how-central-banks-support-payment-system-safety-and-efficiency-andstablecoinstokenized-depositshttps://cryptobanking.news/item/ecb-cipollone-t1-tokenisation-pontes-24-7/https://cryptobanking.news/item/ecb-cipollone-t1-tokenisation-pontes-24-7/Thu, 29 Oct 2026 00:00:00 GMTIn a keynote at an EU T+1 Industry Committee event in Frankfurt on 29 October 2026, ECB Executive Board member Piero Cipollone said Europe will move to T+1 settlement on 11 October 2027 and that T2S night-time settlement changes are planned for June 2027. He said the Eurosystem will enhance Pontes, which since 21 September has enabled wholesale transactions in tokenised assets to be settled in central bank money, in steps, including extending operating hours significantly by mid-2027, moving to 24/7/365 availability in 2028 and planning immediate settlement finality on the Eurosystem DLT platform as early as next year. He also said the ECB published a report on the Appia roadmap consultation the day before, which confirmed broad market support, and that the Eurosystem is assessing whether DLT-based assets outside currently eligible settlement systems could become eligible collateral. Source: https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261029~e9b57c3495.en.htmltokenized-depositscbdcregulationhttps://cryptobanking.news/item/galaxy-national-trust-bank-charter-application/https://cryptobanking.news/item/galaxy-national-trust-bank-charter-application/Thu, 29 Oct 2026 00:00:00 GMTGalaxy Digital Inc. said on 29 October 2026 that its subsidiary Galaxy Digital LP has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish Galaxy National Bank, a proposed national trust bank headquartered in New York. If approved, the bank would provide Galaxy’s custody, trading and staking services for digital assets, along with fiduciary investment advisory services, under OCC supervision; the application remains subject to OCC approval. (Source: Galaxy release distributed via PR Newswire.) Source: https://www.prnewswire.com/news-releases/galaxy-applies-for-national-trust-bank-charter-302923368.htmlcustodyregulationhttps://cryptobanking.news/item/dbs-survey-tokenised-money-adoption-businesses/https://cryptobanking.news/item/dbs-survey-tokenised-money-adoption-businesses/Wed, 28 Oct 2026 00:00:00 GMTA new DBS report, The Great Rewiring: Money in a new order, based on a survey of 422 business and finance leaders at organisations with annual revenue exceeding USD 500 million across 11 markets, found that 88% of businesses were already deploying or piloting tokenised money use cases. Stablecoins (63%) were the most widely adopted tokenised instruments, followed by tokenised deposits (53%) and tokenised money market funds (52%); most leaders expect the benefits within the next two years, led by improved auditability and traceability (72%) and real-time cross-border payments (71%). 64% of respondents wanted banks to serve as a single point of integration into the tokenised money ecosystem, and 63% sought support for pilots, proofs of concept and integration. Source: https://www.dbs.com/newsroom/Over_eight_in_10_businesses_starting_to_adopt_tokenised_money_to_aid_liquidity_management_improve_payments_and_support_business_expansion_DBS_surveystablecoinstokenized-depositshttps://cryptobanking.news/item/dtcc-tokenization-service-live/https://cryptobanking.news/item/dtcc-tokenization-service-live/Wed, 28 Oct 2026 00:00:00 GMTThe Depository Trust Company (DTC), a DTCC subsidiary, launched the DTCC Tokenization Service (DTS) on 28 October 2026, letting eligible users mint tokenized representations of securities held at DTC that can be converted between traditional and tokenized forms and delivered to their digital wallets, with the tokens retaining the ownership rights, investor protections and economic entitlements of the underlying securities. DTCC said 20 DTC Participants have signed agreements to access DTS, including Barclays, Bank of America, BNP Paribas, Brown Brothers Harriman, Citi, J.P. Morgan, Morgan Stanley, State Street and UBS, and that the service is integrated with the Canton Network and DTCC’s private Besu network, with additional blockchain networks to be added in 2027. The launch follows a December 2025 no-action letter from the U.S. Securities and Exchange Commission authorizing tokenization of Russell 1000 constituents, ETFs tracking major indices and U.S. Treasury securities. Source: https://www.dtcc.com/press-releases/2026/dtcc-tokenization-service-goes-livetokenized-depositscustodyhttps://cryptobanking.news/item/ripple-coinbase-rlusd-trading-access/https://cryptobanking.news/item/ripple-coinbase-rlusd-trading-access/Wed, 28 Oct 2026 00:00:00 GMTRipple and Coinbase announced on 28 October 2026 that retail and institutional clients can trade and manage Ripple USD (RLUSD) through Coinbase Prime, Coinbase Exchange and the Coinbase Retail app, with 1:1 conversion from U.S. dollars and other supported USD-denominated stablecoins. Deposits and withdrawals are supported on the XRP Ledger, Base and Ethereum, Ripple will provide liquidity on Base, and availability for Coinbase Global Exchange customers, including using RLUSD as collateral, will follow. (Source: joint Ripple and Coinbase release published by Ripple.) Source: https://ripple.com/ripple-press/ripple-and-coinbase-partner-to-expand-access-to-rlusd/stablecoinshttps://cryptobanking.news/item/securitize-stellar-network-integration/https://cryptobanking.news/item/securitize-stellar-network-integration/Wed, 28 Oct 2026 00:00:00 GMTSecuritize announced on 28 October 2026 plans to integrate with the Stellar network so it can support issuance and management of tokenized financial assets on that chain, expanding blockchain options for institutional asset managers; the announcement was made at Meridian 2026 in Lisbon. Securitize said it works with asset managers including Apollo, BlackRock, BNY, Hamilton Lane, KKR and VanEck, reported approximately $5B in tokenized securities on its platform as of 30 September 2026, and said further details on assets supported through the integration will be announced as they become available. Franklin Templeton already runs a tokenized money market fund on Stellar, according to the release. Source: https://investors.securitize.io/news/news-details/2026/Securitize-to-Integrate-with-Stellar-Network/default.aspxcustodytokenized-depositshttps://cryptobanking.news/item/aci-worldwide-circle-usdc-settlement-colombia/https://cryptobanking.news/item/aci-worldwide-circle-usdc-settlement-colombia/Tue, 27 Oct 2026 00:00:00 GMTACI Worldwide and Circle announced on 27 October 2026 a collaboration combining ACI Connetic, ACI’s cloud-native payments orchestration platform, with Circle’s USDC infrastructure to demonstrate how financial institutions can incorporate stablecoin settlement into existing payment operations. The implementation will initially focus on Colombia, where ACI built the central infrastructure powering Bre-B, the country’s instant payments ecosystem, and will explore how stablecoins such as USDC can complement it. Source: https://www.circle.com/pressroom/aci-worldwide-and-circle-collaborate-to-bring-usdc-settlement-to-existing-payments-infrastructure-in-latin-americastablecoinspaymentshttps://cryptobanking.news/item/anchorage-digital-bank-bitso-mxnb-custody/https://cryptobanking.news/item/anchorage-digital-bank-bitso-mxnb-custody/Tue, 27 Oct 2026 00:00:00 GMTAnchorage Digital announced on 27 October 2026 an expanded partnership with Bitso under which Anchorage Digital Bank, N.A. now custodies MXNB, the Mexican peso stablecoin, across six blockchains: Arbitrum, Base, Ethereum, Polygon, Avalanche and Arc. Bitso has listed USDPT and USAT, the US dollar stablecoins of Western Union and Tether, both issued and custodied by Anchorage Digital Bank; Bitso users in Mexico can buy and sell USDPT with pesos in the Bitso app, and the release says 15% of US-Mexico remittance corridor volume already flows through Bitso’s infrastructure. Source: https://www.anchorage.com/press-room/anchorage-digital-becomes-the-custody-layer-for-the-us-mexico-stablecoin-corridor-through-expanded-bitso-partnershipstablecoinscustodypaymentshttps://cryptobanking.news/item/bitgo-bank-wisdomtree-wtgxx-bitgo-mint/https://cryptobanking.news/item/bitgo-bank-wisdomtree-wtgxx-bitgo-mint/Tue, 27 Oct 2026 00:00:00 GMTBitGo Bank & Trust, National Association, an OCC-regulated digital asset trust bank, announced on 27 October 2026 that eligible institutional clients will be able to access the WisdomTree Treasury Money Market Digital Fund (WTGXX) through BitGo Mint, moving between USD, supported stablecoins and fund shares without separately onboarding with WisdomTree. Holders will be able to reallocate beneficial interests peer-to-peer via BitGo’s Go Network; WTGXX joins USD1 and SoFiUSD on BitGo Mint, and the release says collateral, peer-to-peer transfer and certain stablecoin-related services may not be available at launch. Source: https://ir.wisdomtree.com/news-events/press-releases/detail/812/bitgo-to-integrate-wisdomtree-tokenized-money-market-fundcustodyhttps://cryptobanking.news/item/bny-ripple-xrp-rlusd-custody-trade-finance/https://cryptobanking.news/item/bny-ripple-xrp-rlusd-custody-trade-finance/Tue, 27 Oct 2026 00:00:00 GMTBNY and Ripple announced on 27 October 2026 an expansion of their collaboration: building on BNY’s role as primary reserve custodian for Ripple’s RLUSD stablecoin, BNY now supports XRP and RLUSD on its Digital Asset Custody platform. BNY intends to broaden support for tokenized assets issued on the XRP Ledger and to work with Ripple to let BNY clients mint and redeem RLUSD directly through BNY, and the two intend to advance tokenized trade finance on the XRPL, starting by exploring a supply chain finance initiative with C2FO; BNY says these future product plans are subject to final BNY and regulatory approvals. Source: https://www.bny.com/corporate/global/en/about-us/newsroom/press-release/ripple-expands-strategic-digital-assets-collaboration-with-bny-across-custody-and-tokenized-trade-finance.htmlcustodystablecoinshttps://cryptobanking.news/item/occ-gould-community-banks-genius-stablecoin-subsidiary/https://cryptobanking.news/item/occ-gould-community-banks-genius-stablecoin-subsidiary/Tue, 27 Oct 2026 00:00:00 GMTIn remarks before the Ohio Bankers League on 27 October 2026, Comptroller of the Currency Jonathan V. Gould said that under the OCC’s GENIUS Act final rule there is a pathway for interested community banks to explore issuing payment stablecoins through a subsidiary. He said the requirements are meant to fit the size and risk of the issuer, and that the rule applies the same standards to bank and nonbank issuers. (OCC News Release 2026-94, excerpts of the remarks.) Source: https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-94.htmlstablecoinsregulationhttps://cryptobanking.news/item/sbi-startale-blackrock-tokenized-mmf-jpysc-mou/https://cryptobanking.news/item/sbi-startale-blackrock-tokenized-mmf-jpysc-mou/Tue, 27 Oct 2026 00:00:00 GMTSBI Holdings and Startale Group announced on 27 October 2026 that they have signed a memorandum of understanding with BlackRock Financial Management and BlackRock Japan to explore a digital asset ecosystem connecting tokenized money market funds with JPYSC, which the release describes as a yen-denominated trust-type stablecoin. The companies will examine three areas: technology and infrastructure, business and distribution, and regulation and market development, and say the collaboration is intended to be open to other financial institutions and businesses in Japan and internationally. Source: https://www.startale.com/en/blog/blackrock-startale-sbistablecoinstokenized-depositshttps://cryptobanking.news/item/aviva-investors-gbp-liquidity-fund-tokenised-xrpl/https://cryptobanking.news/item/aviva-investors-gbp-liquidity-fund-tokenised-xrpl/Mon, 26 Oct 2026 00:00:00 GMTAviva Investors and Ripple announced on 26 October 2026 the launch of a tokenised share class of the Aviva Investors Sterling (GBP) Liquidity Fund, the firm’s largest fund with approximately £22 billion in assets under management, available on the XRP Ledger. The Ireland-domiciled UCITS money market fund uses a “digital twin” model in which holdings can be represented on-chain while the existing off-chain fund structure is maintained; Aviva has invested £50m ($66m) in the new share class, and over £86m ($116m) is invested across its two tokenised share class offerings, following a USD Liquidity Fund share class launched in July 2026. Komainu (digital asset custodian) and Licuido (tokenisation platform) supported the launch, and all assets are held by the fund’s custodian, The Bank of New York Mellon. Source: https://ripple.com/ripple-press/aviva-investors-expands-its-tokenised-offering-with-the-launch-of-a-sterling-liquidity-fund-tokenised-share-class/custodyhttps://cryptobanking.news/item/crypto-finance-google-cloud-chf-gcul-pilot/https://cryptobanking.news/item/crypto-finance-google-cloud-chf-gcul-pilot/Mon, 26 Oct 2026 00:00:00 GMTA Google Cloud blog post of 26 October 2026, co-authored by Crypto Finance Group’s CTO, describes a pilot in which Crypto Finance acted as “currency operator” on Google Cloud Universal Ledger (GCUL) to enable instant account-to-account transfers between customers of two Swiss banks, with deferred (netted) interbank settlement and integration with the SIC payment rails. Systems integration was completed in under three months, some backend steps still needed manual intervention, and the participating banks used GCUL as backend infrastructure rather than exposing it to clients. Source: https://cloud.google.com/blog/topics/financial-services/easy-to-integrate-compliant-by-design-bringing-the-swiss-franc-to-google-cloud-universal-ledgertokenized-depositshttps://cryptobanking.news/item/ripple-national-trust-bank-occ-final-approval/https://cryptobanking.news/item/ripple-national-trust-bank-occ-final-approval/Mon, 26 Oct 2026 00:00:00 GMTRipple said on 26 October 2026 that the Office of the Comptroller of the Currency (OCC) had granted final approval for chartering Ripple National Trust Bank (RNTB), a federally supervised national trust bank, following conditional OCC approval in December 2025. RNTB’s approved activities include managing the segregated reserves supporting RLUSD, acting as collateral trustee of those reserves for RLUSD holders and providing fiduciary digital asset custody; RLUSD will continue to be issued by Standard Custody & Trust Company, Ripple’s NYDFS-regulated limited purpose trust company. (Source: Ripple’s release; no corresponding OCC news release was found on occ.gov when checked on 27 October 2026.) Source: https://ripple.com/ripple-press/ripple-receives-final-occ-approval-to-establish-national-trust-bank/stablecoinscustodyregulationhttps://cryptobanking.news/item/sfc-secondary-trading-tokenised-money-market-funds/https://cryptobanking.news/item/sfc-secondary-trading-tokenised-money-market-funds/Mon, 26 Oct 2026 00:00:00 GMTThe Securities and Futures Commission of Hong Kong said on 26 October 2026 that it has approved what it describes as the world’s first secondary trading of tokenised public funds on an SFC-licensed virtual asset trading platform, and that around-the-clock secondary trading of two existing SFC-authorised tokenised money market funds, the ChinaAMC HKD Digital Money Market Fund and ChinaAMC USD Digital Money Market Fund, began that day. The pilot builds on a framework the SFC introduced in April 2026 through a circular issued on 20 April 2026, and the SFC says tokenised public funds could further leverage tokenised deposit capabilities developed with the HKMA under Project Ensemble. The fund manager’s notice names PantherTrade, operated by Panthertrade (Hong Kong) Limited, as the trading platform. Source: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=26PR174regulationtokenized-depositshttps://cryptobanking.news/item/canada-proposed-stablecoin-regulations/https://cryptobanking.news/item/canada-proposed-stablecoin-regulations/Sat, 24 Oct 2026 00:00:00 GMTThe Department of Finance Canada pre-published the proposed Stablecoin Regulations in the Canada Gazette, Part I on 24 October 2026. They are needed to bring into force the Stablecoin Act, which received royal assent in March 2026, under which non-financial-institution issuers must register with the Bank of Canada, hold a 1:1 reserve in the reference currency and redeem at par. The draft limits reserves to high-quality liquid assets (demand deposits, government debt of three months or less, one-day reverse repos and qualifying money market funds), requires redemption within three business days, caps redemption fees at 1%, bans interest or yield tied to holding a stablecoin, and requires reserves to be held at a Canadian-incorporated qualified custodian. Related amendments bring stablecoin payment service providers under the Retail Payment Activities Act. Comments are open for 60 days. Source: https://gazette.gc.ca/rp-pr/p1/2026/2026-10-24/html/reg1-eng.htmlstablecoinsregulationhttps://cryptobanking.news/item/ecb-cipollone-milano-finanza-digital-euro/https://cryptobanking.news/item/ecb-cipollone-milano-finanza-digital-euro/Sat, 24 Oct 2026 00:00:00 GMTIn an interview with Milano Finanza conducted on 21 October and published by the ECB on 24 October 2026, Executive Board member Piero Cipollone said the Eurosystem will launch a digital euro pilot in 2027 based on real transactions by staff of the ECB and the other national central banks, with 36 market operators, seven of them Italian, already collaborating in the preparatory work. He said that if the regulation is approved this year, the digital euro could be rolled out as early as 2029, and that banks and other authorised intermediaries will distribute it, manage customer relationships and develop new services, with a holding limit but no limit on payments. Source: https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261024~ee2ba73cf3.en.htmlcbdcregulationhttps://cryptobanking.news/item/hsbc-redcoin-launch-payme/https://cryptobanking.news/item/hsbc-redcoin-launch-payme/Fri, 23 Oct 2026 00:00:00 GMTHSBC said its first stablecoin, the HKD-denominated HSBC RedCoin (RCHKD), is available from 23 October 2026 on PayMe by HSBC, licensed and regulated by the HKMA. In the coming days, over 3.3 million PayMe users will be able to activate an in-app stablecoin wallet for peer-to-peer payments and payments at more than 100,000 merchants. Later this year HSBC plans to add wallet functionality to the HSBC HK Mobile Banking App and enable subscriptions to tokenised investment products, including a share class of its HKD money market fund. Source: https://www.about.hsbc.com.hk/news-and-media/hsbc-redcoin-launches-todaystablecoinshttps://cryptobanking.news/item/mas-bnm-bot-bloom-cross-border-digital-money/https://cryptobanking.news/item/mas-bnm-bot-bloom-cross-border-digital-money/Fri, 23 Oct 2026 00:00:00 GMTMAS announced on 23 October 2026 that Bank Negara Malaysia and the Bank of Thailand have joined BLOOM (Borderless, Liquid, Open, Online, Multi-currency) as policymaker members, to develop common approaches for the cross-border use of digital money, including tokenised deposits and regulated stablecoins. Participation also expanded to Airwallex, Mastercard, Maybank, Monee, Nium, Ripple, ShopeePay, Visa and the World Bank Group, alongside existing participants including DBS, J.P. Morgan, Kasikornbank, OCBC, Standard Chartered and UOB. Work will focus on acceptance and settlement across jurisdictions, interoperability across digital money arrangements, and programmable controls such as identity verification, sanctions screening and transaction controls. Source: https://www.mas.gov.sg/news/media-releases/2026/mas-bnm-and-bot-partner-with-industry-to-advance-cross-border-settlement-in-digital-moneystablecoinstokenized-depositsregulationhttps://cryptobanking.news/item/sofi-earn-sofie-tokenized-deposit/https://cryptobanking.news/item/sofi-earn-sofie-tokenized-deposit/Thu, 22 Oct 2026 00:00:00 GMTSoFi announced the launch of SoFi Earn (SOFIE), which it describes as the first and only national bank-issued tokenized deposit for consumers; each SOFIE represents $1 held on deposit at SoFi Bank, N.A., earning 4.40% APY (variable, rates current as of 10/20/26) with FDIC insurance up to applicable limits. Members can convert SOFIE 1:1 to SoFiUSD, SoFi's stablecoin, to buy crypto in the SoFi app or move funds over blockchain rails 24/7. SoFi says SOFIE is not a payment stablecoin and is rolling out to SoFi Crypto members now through November. Source: https://www.nasdaq.com/press-release/sofi-launches-sofi-earn-sofie-first-and-only-national-bank-issued-tokenized-deposittokenized-depositsstablecoinshttps://cryptobanking.news/item/anchorage-digital-ireland-mica-emt-authorisation-plan/https://cryptobanking.news/item/anchorage-digital-ireland-mica-emt-authorisation-plan/Wed, 21 Oct 2026 00:00:00 GMTAnchorage Digital announced on 21 October 2026 that its subsidiary Anchorage Digital Ireland intends to seek authorisation under MiCA and the Irish e-money regulations to provide crypto-asset services and issue electronic money tokens (EMTs) for institutional clients in the EU/EEA. Subject to authorisation, it plans to offer white-label EMT-issuance-as-a-service for fiat-backed EMTs, custody and administration of crypto-assets with related staking and governance services, and agency trading; the release states Anchorage Digital Ireland is not currently authorised as a crypto-asset service provider or electronic money institution and does not currently provide these services. (Backfill: published 21 October 2026.) Source: https://www.anchorage.com/press-room/anchorage-digital-announces-plans-to-seek-eu-authorisation-for-regulated-crypto-asset-services-and-electronic-money-token-issuanceregulationstablecoinscustodyhttps://cryptobanking.news/item/ecb-cipollone-pontes-appia-banks/https://cryptobanking.news/item/ecb-cipollone-pontes-appia-banks/Wed, 21 Oct 2026 00:00:00 GMTIn a presentation to the Italian Banking Association on 21 October 2026, ECB Executive Board member Piero Cipollone said DLT transactions can be settled in euro central bank money since Pontes launched on 21 September 2026, and that since March 2026 DLT-based assets issued in CSDs can be mobilised as eligible collateral in Eurosystem credit operations. He said banks can take part by using Pontes and by co-designing the Appia ecosystem, with market participants invited from 2027 to contribute to the Appia blueprint, to be published by 2028. Source: https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261021_1~d190f2c349.en.pdftokenized-depositscbdchttps://cryptobanking.news/item/occ-final-rule-genius-act/https://cryptobanking.news/item/occ-final-rule-genius-act/Wed, 21 Oct 2026 00:00:00 GMTThe OCC announced a final rule implementing the GENIUS Act for payment stablecoin issuers within its jurisdiction, setting standards for reserve backing, redemption and risk management. The rule also covers certain custody activities of OCC-supervised entities, and both the rule and the Act take effect on 18 January 2027. Source: https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-92.htmlstablecoinsregulationhttps://cryptobanking.news/item/sbj-bank-jpyc-line-next-stablecoin-poc/https://cryptobanking.news/item/sbj-bank-jpyc-line-next-stablecoin-poc/Wed, 21 Oct 2026 00:00:00 GMTSBJ Bank, the Japanese entity of Korea’s Shinhan Financial Group, announced on 21 October 2026 that it signed a memorandum of understanding on 20 October 2026 with LINE NEXT Inc. and JPYC Inc. covering a proof of concept for a new account-linked top-up function, in which each party provides infrastructure: bank accounts, stablecoin issuance and redemption, and the Unifi digital wallet. SBJ Bank says it will provide bank accounts and banking infrastructure and test a mechanism connecting stablecoins with existing financial services, and will consider commercialising new services including remittances and payments with LINE NEXT after the PoC. (Source text in Japanese; summary translated.) Source: https://prtimes.jp/main/html/rd/p/000000039.000141845.htmlstablecoinshttps://cryptobanking.news/item/stanchart-stablecoin-controls/https://cryptobanking.news/item/stanchart-stablecoin-controls/Wed, 21 Oct 2026 00:00:00 GMTStandard Chartered argues that stablecoin controls should start from why the customer is using stablecoins: treasury and payments, or trading. Source: https://www.sc.com/en/news/corporate-investment-banking/rethinking-controls-for-institutional-stablecoin-adoption/stablecoinshttps://cryptobanking.news/item/anchorage-digital-bank-stablecoins-securitize/https://cryptobanking.news/item/anchorage-digital-bank-stablecoins-securitize/Tue, 20 Oct 2026 00:00:00 GMTAnchorage Digital announced on 20 October 2026 a partnership with tokenization platform Securitize providing direct mint and redemption of stablecoins issued by Anchorage Digital Bank, N.A., which also handles custody and settlement. Anchorage Digital Bank’s issuance ecosystem includes USDtb, issued with Ethena Labs, and USA₮, developed with Tether; as of August 31, 2026, approximately 99% of USDtb’s $530 million in reserves were held in BlackRock’s BUIDL fund, tokenized by Securitize, according to the bank’s attested reserve report. Source: https://www.anchorage.com/press-room/anchorage-digital-brings-federally-issued-stablecoins-to-securitize-the-worlds-largest-tokenization-platformstablecoinscustodyhttps://cryptobanking.news/item/bot-thb-stablecoin-consultation/https://cryptobanking.news/item/bot-thb-stablecoin-consultation/Mon, 19 Oct 2026 00:00:00 GMTThe Bank of Thailand opened a public hearing, running from 19 October to 17 November 2026, on proposed principles for regulating businesses related to THB stablecoin, a baht-pegged 1:1, fully backed digital payment instrument meant to complement, not replace, existing payment systems. Its consultation paper says reserves would initially have to be 100% bank deposits spread across several banks, holders must be able to redeem into baht at 1:1 within 1 business day, and issuers may not pay interest, returns or incentives based on holding period or value. The number of issuers would be limited at first, while wallet providers could apply in licensing rounds with no cap; the Bank of Thailand will propose that the Ministry of Finance designate both activities as licensed payment services under the Payment Systems Act. (Source text in Thai; summary translated.) Source: https://www.bot.or.th/th/laws-and-rules/public-hearing/public-hearing-20261020-Stablecoin.htmlstablecoinsregulationhttps://cryptobanking.news/item/dekabank-sparkassen-crypto-offer/https://cryptobanking.news/item/dekabank-sparkassen-crypto-offer/Mon, 19 Oct 2026 00:00:00 GMTDekaBank, the asset manager of the German Sparkassen, said it is offering Sparkassen customers in Germany the option to invest in selected cryptocurrencies through the 'Sparkasse' app, with custody and trading via a Deka wallet. Trading starts with five cryptocurrencies (Bitcoin, Ethereum, Solana, XRP and Polygon) and an order fee of 0.99 euros; the roll-out is gradual over the coming months and each Sparkasse decides on its own whether to integrate the offer. (Source text in German; summary translated.) Source: https://www.lifepr.de/inaktiv/dekabank-deutsche-girozentrale/dekabank-startet-krypto-angebot-fr-sparkassen-kundinnen-und-kunden/boxid/1076711custodymicahttps://cryptobanking.news/item/jpm-coin-live-on-ethereum/https://cryptobanking.news/item/jpm-coin-live-on-ethereum/Mon, 19 Oct 2026 00:00:00 GMTKinexys by J.P. Morgan extended JPM Coin, its USD-denominated deposit token, to Ethereum, its second public blockchain. The bank pointed to demand from institutions active in crypto and real-world-asset transactions for on-chain cash from established financial institutions. Source: https://www.jpmorgan.com/payments/newsroom/jpm-coin-live-on-ethereumtokenized-depositshttps://cryptobanking.news/item/vantage-rio-bank-tokenized-deposit-loan-participation-payment/https://cryptobanking.news/item/vantage-rio-bank-tokenized-deposit-loan-participation-payment/Mon, 19 Oct 2026 00:00:00 GMTParticipate said it completed a loan participation principal and interest payment between two Texas banks, Vantage Bank and Rio Bank, using tokenized deposits on the Hazel Network, the tokenized-deposit and stablecoin platform developed by Vantage Bank and Custodia. In less than three minutes, Vantage Bank posted a loan payment in Participate, where principal and interest were split to a participant and transmitted as tokenized deposits into the buying institution's digital wallet, with loan balances and payment notices updated automatically. Participate says it will begin offering loan sale payment automation using tokenized deposits and Fedwire automation to all of its 750 network banks. Source: https://custodiabank.com/press/participate-hazel-complete-worlds-first-loan-participation-or-syndication-payment-using-tokenized-deposits/tokenized-depositshttps://cryptobanking.news/item/jack-henry-google-cloud-gcul-tokenized-deposits/https://cryptobanking.news/item/jack-henry-google-cloud-gcul-tokenized-deposits/Fri, 16 Oct 2026 00:00:00 GMTJack Henry announced an expansion of its collaboration with Google Cloud designed to pave the way for banks and credit unions to offer tokenized deposits through Google Cloud Universal Ledger (GCUL), and said it will become the first core technology provider to integrate with GCUL. The release describes GCUL as a fully managed, distributed ledger service for tokenizing and transferring money and assets on a shared, real-time record with programmable, 24/7 settlement. Jack Henry says it serves more than 7,200 clients. Source: https://ir.jackhenry.com/news-releases/news-release-details/jack-henry-expands-collaboration-google-cloud-deliver-tokenizedtokenized-depositshttps://cryptobanking.news/item/japan-megabanks-stablecoin-poc-completed/https://cryptobanking.news/item/japan-megabanks-stablecoin-poc-completed/Fri, 16 Oct 2026 00:00:00 GMTMizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), Mitsubishi UFJ Trust and Banking and TISI said on 16 October 2026 that they ran a proof-of-concept from July 17 to July 23, 2026 on joint stablecoin issuance and cross-border payments between Mitsubishi Corporation's Japanese and overseas locations. The stablecoin was issued as specified trust receivable rights under Article 2(9) of Japan's Payment Services Act, with the three banks as joint principal trustees and Mitsubishi UFJ Trust and Banking as agent trustee; SMBC provided the blockchain platform, built by TISI. The parties said the PoC confirmed the feasibility of a joint issuance model by multiple banks. Source: https://www.tr.mufg.jp/english/pressreleases/pdf/20261016_1.pdfstablecoinshttps://cryptobanking.news/item/mastercard-bvnk-global-money-platform/https://cryptobanking.news/item/mastercard-bvnk-global-money-platform/Thu, 15 Oct 2026 00:00:00 GMTMastercard and BVNK announced on 15 October 2026 the launch of Mastercard Global Money Platform, which brings Mastercard's payments capabilities together with BVNK's stablecoin infrastructure through a single API; it is the first major integration of the two since Mastercard's acquisition of BVNK in August 2026. Banks, fintechs and enterprises can embed multi-currency fiat and stablecoin accounts, real-time conversion, stablecoin-linked cards and local bank payouts through Mastercard Move under their own brand, and Mastercard says future support includes regulated forms of money such as tokenized deposits. Nuvei and Marqeta will be among the first to integrate, alongside Ontop, Bolt Group and Almond FinTech. Source: https://www.mastercard.com/us/en/news-and-trends/press/2026/october/mastercard-and-bvnk-launch-global-money-platform-to-power-a-mult.htmlstablecoinspaymentshttps://cryptobanking.news/item/riksbank-digital-krona-letter-finance-committee/https://cryptobanking.news/item/riksbank-digital-krona-letter-finance-committee/Thu, 15 Oct 2026 00:00:00 GMTIn a letter to the Riksdag's Committee on Finance dated 7 October 2026 and published on 15 October, Sweden's Riksbank said developments since the Payments Inquiry's report may require a new assessment of a digital krona (e-krona), citing the deteriorating geopolitical situation, the digital euro (ECB pilot planned for the second half of 2027, public launch in 2029) and the growth of stablecoins. The Riksbank has not taken a position on issuance, estimates implementation would take at least five years plus the time needed for legislative amendments, and says it is justified to begin preparing the legal framework now via a public inquiry; it adds that it would be advantageous to use the ECB's digital euro infrastructure. Source: https://www.riksbank.se/globalassets/media/nyheter--pressmeddelanden/nyheter/2026/261015-skrivelse-till-fiu/letter-to-the-committee-on-finance--information-on-developments-that-bring-the-issue-of-a-digital-krona-to-the-fore.pdfcbdcstablecoinshttps://cryptobanking.news/item/versabank-vusd-us-commercial-phase/https://cryptobanking.news/item/versabank-vusd-us-commercial-phase/Thu, 15 Oct 2026 00:00:00 GMTVersaBank announced it has initiated the commercial phase in the United States for its proprietary tokenized deposits, starting with VersaBank USA issuing the bank's own Real Bank Tokenized Deposits (RBTDs), branded VUSD. The bank describes VUSD as interest-paying, FDIC insurance-eligible, U.S.-dollar tokenized deposits and says it plans to list VUSD on digital asset exchanges as soon as feasible. VersaBank also intends to offer its tokenized deposit technology to U.S. community and regional banks. Source: https://www.versabank.com/versabank-initiates-commercial-phase-of-tokenized-deposit-program-in-the-united-states/tokenized-depositshttps://cryptobanking.news/item/visa-direct-stablecoin-production/https://cryptobanking.news/item/visa-direct-stablecoin-production/Thu, 15 Oct 2026 00:00:00 GMTVisa said Visa Direct stablecoin capabilities are moving from pilot to commercial deployment, with Inyo Global the first enabler to bring Visa Direct's stablecoin-enabled prefunding into production for cross-border payments. Source: https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.22851.htmlstablecoinshttps://cryptobanking.news/item/eba-usdc-significant-emt/https://cryptobanking.news/item/eba-usdc-significant-emt/Wed, 14 Oct 2026 00:00:00 GMTThe EBA classified USDC, issued in the EU by Circle Internet Financial Europe SAS, as the first significant e-money token under MiCA. From 12 November 2026 supervision of its own funds, reserve of assets, liquidity and recovery and redemption plans moves from France’s ACPR to the EBA, while the ACPR keeps governance and other areas. The EBA also signed an MoU with the New York State Department of Financial Services. Source: https://www.eba.europa.eu/publications-and-media/press-releases/eba-classifies-usdc-first-significant-e-money-token-european-unionstablecoinsregulationhttps://cryptobanking.news/item/fsb-chair-ai-stablecoins-letter/https://cryptobanking.news/item/fsb-chair-ai-stablecoins-letter/Mon, 12 Oct 2026 00:00:00 GMTThe FSB Chair’s letter sets out its work on AI and stablecoins, with the accompanying note on global stablecoin arrangements. Source: https://www.fsb.org/2026/10/fsb-chair-sets-out-fsb-work-on-ai-and-stablecoins/stablecoinshttps://cryptobanking.news/item/fsb-global-stablecoin-arrangements-note/https://cryptobanking.news/item/fsb-global-stablecoin-arrangements-note/Mon, 12 Oct 2026 00:00:00 GMTAn FSB note analysing the structure of global stablecoin arrangements, how vulnerabilities could propagate, and metrics for monitoring. Source: https://www.fsb.org/2026/10/global-stablecoin-arrangements-cross-border-vulnerabilities-and-financial-stability-monitoring/stablecoinsregulationhttps://cryptobanking.news/item/stanchart-rlusd-custody-lmax/https://cryptobanking.news/item/stanchart-rlusd-custody-lmax/Mon, 12 Oct 2026 00:00:00 GMTStandard Chartered announced on 12 October 2026 that it now supports institutional custody of Ripple USD (RLUSD) issued on the XRP Ledger, available to eligible clients through its DIFC Branch, which is regulated by the Dubai Financial Services Authority. The bank, Ripple and LMAX Group intend to enable RLUSD as eligible collateral for agreed LMAX Group products by mirroring the value of collateral to LMAX Group without transferring the underlying RLUSD to the trading venue. The parties say these future capabilities remain subject to final documentation, testing, applicable laws and regulations, internal approvals and jurisdictional readiness. Source: https://ripple.com/ripple-press/standard-chartered-launches-rlusd-custody-and-joins-planned-collateral-integration-with-ripple-and-lmax-group/custodystablecoinshttps://cryptobanking.news/item/mas-chia-trusted-foundations-digital-finance/https://cryptobanking.news/item/mas-chia-trusted-foundations-digital-finance/Fri, 09 Oct 2026 00:00:00 GMTIn a keynote on 9 October 2026, MAS Managing Director Chia Der Jiun set out MAS's approach to digital assets, digital money and digital infrastructure, saying tokenised transactions will only scale if settled in safe, trusted digital money. He referred to Project Guardian and MAS's guidance on how securities laws apply to tokenised capital markets products. Source: https://www.mas.gov.sg/news/speeches/2026/building-trusted-foundations-for-digital-financetokenized-depositscbdcregulationhttps://cryptobanking.news/item/bok-project-hangang-deposit-tokens-public-live-transactions-year-end/https://cryptobanking.news/item/bok-project-hangang-deposit-tokens-public-live-transactions-year-end/Thu, 08 Oct 2026 00:00:00 GMTIn an official Bank of Korea blog post dated 8 October 2026, the head of its Digital Currency Planning Team wrote that the Bank and participating banks are in final preparations for follow-on live transactions with the general public under Project Hangang Phase 2, due to resume within the year, while the Ministry of Climate, Energy and Environment's EV charging-facility subsidy programme is already running on the system. Under the Bank of Korea's digital currency R&D rules, banks must hold 7% of the deposit tokens they issue as reserves, and deposit insurance applies; only banks can hold the wholesale digital currency, and the Bank of Korea says it has no plan to introduce or issue a retail CBDC. (Source text in Korean; summary translated.) Source: https://www.bok.or.kr/portal/bbs/B0000347/view.do?nttId=11065408&menuNo=201106tokenized-depositscbdchttps://cryptobanking.news/item/stanchart-singapore-digital-asset-custody/https://cryptobanking.news/item/stanchart-singapore-digital-asset-custody/Thu, 08 Oct 2026 00:00:00 GMTStandard Chartered Bank (Singapore) Limited announced on 8 October 2026 that it plans to provide custody services for selected cryptoassets, stablecoins and tokenised real-world assets to institutional clients and accredited investor corporate clients, subject to applicable regulatory requirements. The bank said the planned service will complement its Financing & Securities Services capabilities in Singapore and builds on its digital asset custody presence in markets including the UAE, Luxembourg and Hong Kong. Source: https://www.sc.com/en/press-release/standard-chartered-advances-into-digital-asset-custody-offering-in-singapore/custodystablecoinshttps://cryptobanking.news/item/circle-tereina-usdc-eurc-sap/https://cryptobanking.news/item/circle-tereina-usdc-eurc-sap/Wed, 07 Oct 2026 00:00:00 GMTTereina, an SAP-backed company, and Circle announced a partnership to integrate USDC and EURC into Tereina's platform so that businesses can send and receive stablecoin payments from within existing business applications, starting with the SAP ecosystem. Source: https://www.circle.com/pressroom/tereina-an-sap-backed-company-and-circle-bring-usdc-and-eurc-into-enterprise-workflows-starting-with-the-sap-ecosystem-behind-84-of-global-commercestablecoins