fiat

Hashliquid

2026-10-01 20:05:38

Hashliquid goes live on BNB Chain with a unified P2P market for stablecoins and fiat

Hashliquid has launched on BNB Chain, according to a Techub News update that cited @BNBCHAIN. The platform said it offers users a unified peer-to-peer market where stablecoins can be bought and sold with local currencies across connected exchanges and wallets. The input also identifies Hashliquid as a decentralized trading platform. The announcement centers on market access and payment rails rather than a separate product line, with the key point being that users can transact between linked exchanges and wallets through one P2P marketplace. No additional rollout details, supported currencies, or timeline beyond the launch notice were disclosed in the source material.

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stablecoins

2026-10-01 13:50:00

MELD co-founder says most businesses convert stablecoins back to fiat right after settlement

Most businesses using stablecoins for payments are not keeping crypto exposure on their books, according to MELD co-founder Pankaj Bengani. In comments cited by Cointelegraph, Bengani said data available to the stablecoin payments company shows that the vast majority of enterprises convert stablecoins back into fiat immediately after transactions are settled. He said the main use case today is cross-border business payments rather than holding digital assets. Bengani also said stablecoins are unlikely to replace SWIFT in the near term. Still, he argued they could reduce the need for correspondent banking intermediaries in some payment flows. Even if that happens, banks would continue to play key roles in custody, compliance, liquidity provision, and local settlement. The remarks point to a model in which stablecoins are used as payment rails inside existing financial workflows, while fiat remains the endpoint for most corporate users.

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OCC

2026-09-21 21:00:58

OCC grants Catena preliminary conditional approval for a national trust bank

The Office of the Comptroller of the Currency has given Catena preliminary conditional approval for a national trust bank, according to the source material. The proposed bank would be able to custody and manage fiat, securities, and digital assets. The approval is not final operating clearance, however. Before the bank can open, Catena must satisfy capital, liquidity, and preopening requirements set out as part of the conditional approval. The development lays out the scope of services the proposed institution could provide while making clear that additional conditions still need to be met before operations begin.

550

Infini

2026-09-21 01:55:10

Infini App adds personal virtual accounts for fiat deposits and withdrawals via bank transfer

Infini said in a post on X that its app now supports personal virtual accounts, allowing users to deposit and withdraw fiat currency through bank transfers. The company said U.S. dollar virtual accounts are provided by Lead Bank, N.A., with support for ACH, Wire, FedNow, and RTP rails. Euro virtual accounts are provided by Banking Circle S.A. and support the SEPA network. The update outlines the banking channels available for both USD and EUR transactions inside the app. No other rollout details were disclosed in the brief announcement. The statement was cited by Odaily in a 7x24 newsflash.

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stablecoin

2026-09-04 05:52:47

Bitget Wallet APAC Lead: Asian Stablecoin Endgame to Be 'Wallet Entry + Local Currency Payment Rails'

During the 'Asian Stablecoin Race' panel at FUTUREMODE 2026, Will Wu, Asia Pacific lead of Bitget Wallet, shared his views. He argued that the real indicator of stablecoin adoption in daily finance is not issuance growth but the formation of recurring payment habits. In July, Bitget Wallet's daily payment transactions surpassed trading transactions for the first time. Card users average 10 payments per month with an average of $28 per transaction, indicating everyday spending behavior. On monetary sovereignty, Wu noted that the currency users want to hold and the currency merchants need to receive do not have to match; wallets should help users understand their currency exposure without complex conversions. He predicted that by 2027, Asia's stablecoin market will develop a coordination layer architecture with crypto wallets as the entry point, connecting dollar-pegged stablecoins with local currency payment rails through regulated partners.

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cryptocurrenc

2026-07-23 21:40:16

Do Cryptocurrencies Need Fiat? Why the Two Money Systems Still Run Side by Side

The source argues that crypto networks do not need fiat to function at a technical level, yet fiat remains central to pricing and market reference, leaving both systems to coexist rather than fully replace one another.

570

cryptocurrenc

2026-07-23 10:10:15

Crypto vs. Fiat: Which Form of Money Wins on Payment, Supply, and Stability?

A deep dive comparing cryptocurrencies and fiat currencies across three core money functions. Bitcoin's fixed supply vs. central bank flexibility, 24/7 settlement vs. banking hours, and extreme volatility vs. relative stability. Stablecoins and CBDCs offer middle ground.

640

Elon Musk

2026-07-22 20:20:14

Elon Musk Sets X Money Launch for April: DOGE Pops Then Fades as Product Stays Fiat-Only

Elon Musk announced X Money, a payment feature on X, will launch in April with P2P transfers, bank deposits, debit cards, and 6% yield. Dogecoin briefly rallied on speculation but the product is fiat-based, similar to Venmo. No crypto integration confirmed.

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