settlement

Visa

2026-08-25 09:17:16

Visa joins MAS-led BLOOM initiative, with Nium to pilot stablecoin settlement

Visa said it is joining BLOOM, an initiative led by the Monetary Authority of Singapore (MAS), as part of an effort to expand settlement capabilities for financial institutions and improve interoperability between traditional payment systems and stablecoin payment rails. BLOOM stands for Borderless, Liquid, Open, Online, Multi-currency. Under the framework, institutions are expected to gain access to faster and programmable payment functions while keeping existing safeguards around security and compliance. Visa said Nium will become the first partner under the BLOOM framework and will work with the payments company on a pilot that uses stablecoins for settlement. The pilot will examine whether cross-border fund flows can be handled more efficiently while relying on Visa’s payment network and its security and compliance capabilities. The two companies also plan to study the use of stablecoins for seven-day settlement, including weekends and public holidays, with the stated aim of cutting delays and improving efficiency. The pilot will support regulated stablecoins backed by major currencies, including U.S. dollar- and euro-denominated tokens.

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Hack VC

2026-08-24 02:43:49

Former Hack VC partner Hsin-Ju says she rejected hush settlement and will publish evidence on Aug. 26

Former Hack VC partner and platform lead Hsin-Ju said she has rejected a settlement agreement that required her to remain silent, adding that she would rather accept $0 in compensation and has dismissed her lawyers. She said she plans to release all evidence from her time at Hack VC on Aug. 26. In her statement, Hsin-Ju said she has worked in crypto for nine years and previously held roles at Stellar, Solana, and Fhenix. She alleged that while at Hack VC last year, she repeatedly asked to leave because of serious medical emergencies, including Graves' disease, hyperthyroidism, and severe insomnia. She said partners threatened that she would be blacklisted from the industry if she left before certain meetings were completed, and that the pressure forced her into sustained overwork that ended in a suicide attempt. Hsin-Ju also said that after the attempt, she stated in writing that she did not intend to sue and only wanted to leave without retaliation. She claimed Hack VC then mishandled her COBRA health insurance for nearly four months until lawyers stepped in. Hack VC said it is aware of the post, is deeply concerned about her health, and believes there are major differences in how the two sides understand what happened.

1050

Circle

2026-08-19 16:17:09

Circle says Arc mainnet will go live on Sept. 16

Stablecoin issuer Circle said its Arc blockchain network is scheduled to launch its mainnet on Sept. 16. The company described Arc as financial infrastructure built for global financial markets, with a focus on supporting related applications and settlement use cases. According to Circle, the Arc testnet has processed more than 500 million transactions so far, with nearly 3 million wallet addresses participating. Circle also said more than 100 partners have remained active on a private mainnet ahead of the public launch. The initial validator set is expected to operate the network alongside Circle. The company added that it will keep building out Arc as underlying infrastructure for financial markets and continue expanding the ecosystem around the network.

1050

MUFG

2026-08-12 16:22:43

MUFG Plans Blockchain-Based Instant Settlement for Some JGB Trades

On August 13, BlockBeats reported that Mitsubishi UFJ Financial Group (MUFG), Japan's largest banking group, plans to use blockchain technology to provide instant settlement for selected Japanese government bond (JGB) trades. According to Nikkei, MUFG intends to leverage tokenized money market funds and stablecoins in blockchain-based JGB repurchase transactions. The aim is to shorten the settlement cycle of traditional securities trading.

1720

AEON

2026-07-28 10:29:51

AEON says its AI payment network has topped 2.3 million users

AEON, an economic settlement protocol focused on the AI Agent space, has released new payment figures showing its user base has surpassed 2.3 million. The protocol said its average monthly transaction volume is now above $30 million, while cumulative processed volume has reached $475 million. AEON describes itself as a settlement layer built for the Agentic Economy. It said it is expanding across both Agent-to-Agent, or A2A, and Agent-to-Merchant, or A2M, use cases. The stated goal is to connect AI agents with payment and settlement flows in real-world commercial systems. The update outlines three core data points disclosed by the project: total users, average monthly transaction volume, and cumulative processed amount. It also highlights the two operating scenarios AEON is targeting as it builds out infrastructure for AI-driven transactions.

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BancaStato

2026-07-24 11:25:09

BancaStato rolls out Bitcoin trading for retail clients

BancaStato, the state bank of Ticino, has launched Bitcoin trading for retail clients, according to a post by Bitcoin News on X. The service marks an expansion of crypto access for the bank’s retail user base. Bitcoin News said BancaStato is working with Signum, which is providing the custody and settlement infrastructure behind the offering. No additional details on product scope, timing, or supported features were disclosed in the source item. The update was cited by Odaily in a brief market-focused newsflash.

1450

Justin Sun

2026-07-24 05:50:16

Justin Sun Reaches Settlement with SEC: Tron Lawsuit Dropped, BitTorrent Developer Fined $10 Million

The SEC has settled all claims against Justin Sun and Tron Foundation. Rainberry, the BitTorrent developer, will pay a $10 million civil penalty without admitting or denying wrongdoing. The deal reflects a regulatory pivot and political ties.

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Ripple

2026-07-24 05:00:16

Ripple Pushes Digital Prime Brokerage Model to Fix Crypto Capital and Settlement Inefficiencies

Ripple says a digital prime brokerage model could reduce fragmented collateral, high margin demands, and settlement complexity in crypto markets through a single credit intermediary and T+1 net settlement.

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