Author: TSE Staff

Key takeaways: South Korean conglomerate Shinhan Financial Group has signed a memorandum of understanding with Visa to use the American firm’s new stablecoin platform and explore AI-based payment models. Visa unveiled the platform in July, describing it as infrastructure that enables firms to mint, move and manage stablecoins. Shinhan will use the platform to verify core functions such as issuance, remittance and redemption, according to local outlet FNNews. What the pilots will test The firms are also planning pilots that will see stablecoins used for card payment settlement, the development of AI-based future payment models, and business-to-business and business-to-consumer transactions.…

Argentina has long been a laboratory for crypto adoption born out of necessity. New data from a16z crypto and Artemis shows just how deep that habit now runs: 94% of peso denominated crypto transactions in the country flow into stablecoins, the highest share among any of the major currencies Artemis tracks. Roughly one fifth of Argentina’s population now uses cryptocurrency, one of the highest penetration rates anywhere in Latin America, and for most of them, buying crypto simply means buying digital dollars. A Crisis Habit That Outlived the Crisis The pattern took shape during Argentina’s worst inflationary years. Monthly inflation…

Key takeaways: Yellow Card, a licensed stablecoin infrastructure provider for emerging markets, has partnered with Tranzmit Payment Services, a subsidiary of Tranzmit Corporation, giving the company a direct settlement path abroad through its US-to-Nigeria corridor, one of its largest and fastest-growing routes. Tranzmit disclosed the integration in a statement, describing decades of experience building infrastructure to help people communicate and move money across borders. The company said delivering fast, reliable payments in emerging markets has historically meant navigating legacy banking channels that add cost, delay and uncertainty to every transaction. By integrating Yellow Card’s Payments API, Tranzmit gains a direct,…

Key takeaways: Palm Azgar Finance’s Shariah-compliant stablecoin, PUSD, will deploy on ADI Chain, a layer-2 blockchain built for institutional settlement in the Middle East, adding a second stablecoin to a network originally designed to host a dirham-backed token. PUSD holds approximately $2.3 billion in circulating supply, with each token backed 1:1 by reserves held in Saudi riyals and UAE dirhams, both pegged to the U.S. dollar. The stablecoin already operates on Ethereum, BNB Chain, Solana and Tron, and ADI Chain marks its latest blockchain integration, expanding the number of networks through which institutions can access the token. ADI Chain was…

Key takeaways: Borderless.xyz has integrated CrissCross into its network as a Partner Financial Institution, expanding stablecoin on/offramp coverage across Africa. The integration gives Borderless.xyz customers access to CrissCross’s payment corridors through their existing API connection, with no additional onboarding, contract negotiation or integration work required. The joint network routes existing Borderless.xyz customers into CrissCross’s corridors through a single integration point. African payment corridors rank among Borderless.xyz’s most active routes, with South Africa, Nigeria and Ghana among its top markets. CrissCross provides infrastructure for businesses trading across Africa, covering local collections, payouts, foreign exchange and treasury management. CrissCross expands local payment…

Key takeaways: Stablecoins are becoming an increasingly important part of the U.S. short-term government debt market, as rules under the GENIUS Act push issuers toward holding reserves in Treasury bills and other highly liquid assets. The Act, signed on July 18, 2025, requires permitted payment stablecoins to maintain one-to-one reserves composed of cash, bank deposits, qualifying repurchase agreements, and Treasury securities with no more than 93 days remaining to maturity, along with qualifying money-market funds holding similar assets. Treasury’s implementation rulemaking arrived on August 17, 2026, with the framework expected to take effect January 18, 2027, the date after which…

Key takeaways: Social media platform X (formerly Twitter) is in talks to explore how stablecoins could be used to pay royalties to influential users for uploading content, according to a person familiar with the plans. The conversations are ongoing, said the person, who also works with other social media platforms testing stablecoins as a way to pay commissions to influencers. The discussions center on tokens such as Circle Internet’s USDC. Media representatives of X did not immediately respond to requests for comment. Stablecoins, which carry a collective market capitalization of more than $300 billion, have become a staple of blockchain…

Key takeaways: Nigeria’s Securities and Exchange Commission (SEC) has proposed new rules that would require foreign-issued stablecoins to obtain regulatory recognition before they can be listed, traded, custodied or promoted on any regulated Nigerian digital asset platform. The commission published the draft rules on August 20, opening a two-week public consultation period. The proposal covers a broad prudential framework for stablecoin issuers operating in Nigeria, but its recognition requirement for foreign tokens stands out as one of its more consequential provisions, since it would apply to major global stablecoins seeking exposure to Nigerian investors through licensed exchanges or platforms. Under…

Key takeaways: Tether Chief Executive Officer, Paolo Ardoino, says USDT adoption is growing across Venezuela, Argentina, Bolivia and Turkey, where people are increasingly using the stablecoin for domestic payments, international trade and dollar-denominated savings. Ardoino outlined the trend in a post on Monday, tying the growth to conditions in each country’s local financial system. When local currencies lose value, physical dollars become difficult to access, or traditional cross-border transfers are slow and expensive, USDT offers something close to a digital dollar without requiring a U.S. bank account, according to Ardoino. He noted that people are not necessarily using the stablecoin…

Colombia has become one of Latin America’s most active crypto markets, and the driver is unusually specific: a weakening peso. The Colombian peso has lost around 5.3% of its value over the past year, with annual inflation near 5.29% in early 2026, according to reporting on the country’s shift toward digital dollars. Around six million Colombians now use cryptocurrency platforms, and remittances from abroad, which topped $10 billion in 2023, increasingly move through dollar-pegged tokens rather than banks charging 5% to 6% for wire transfers that take days to clear. Below are ten platforms built for or heavily used across…