Visa stablecoin monetization spans card network fees, payment orchestration and issuance infrastructure. With settlement surpassing a $25 billion annualized run rate, we examine where Visa already earns revenue, where new fee pools could emerge, and what remains undisclosed.
How crypto vaults are evolving from DeFi lending pools into capital allocation and securities financing infrastructure—and what institutions need next.
The Clearing House and Quant are bringing tokenized-deposit interoperability to America's $2 trillion-a-day wholesale payment infrastructure. We examine CHIPS's 26:1 liquidity efficiency, Swift's global connectivity advantage and why Fnality's common settlement asset could reshape institutional payments, securities settlement and collateral mobility.
The Staff of the Division of Trading and Markets of the SEC issues statement clarifying when digital interfaces (apps, front-ends, wallets) trigger broker-dealer registration. Key takeaways:
HSBC plans to launch a Hong Kong dollar (HKD) denominated stablecoin in the second half of 2026 under the new licence. The HKD stablecoin by HSBC will be seamlessly integrated into two of Hong Kong’s most widely used digital platforms: PayMe and the HSBC HK Mobile Banking App (HSBC HK App).
With a joint initiative, UBS, PostFinance, Sygnum Bank, Raiffeisen Bank International AG, Zürcher Kantonalbank, BCV - Banque Cantonale Vaudoise and Swiss Stablecoin are joining forces to launch a Swiss bank led CHF stablecoin sandbox.
Federal Reserve Bank of Atlanta: Stablecoins are not “new money” structurally. They are a repackaging of narrow banking using blockchain rails but with more moving parts.
Franklin Templeton, a major player in traditional mutual fund management and retail distribution, is acquiring a spin-off from CoinFund to launch Franklin Crypto.
Mitsubishi Corporation is set to leverage blockchain-based tokenized deposits from JPMorgan to enable instant, cross-border fund transfers. Following successful pilot transactions using JPMorgan’s Blockchain Deposit Account, full-scale rollout is expected as early as fiscal 2026.
Welcome to Tokenization Insight Weekly Highlights. This week's key developments involve the ECB, Bank of Montreal, NYSE, Franklin Templeton and DZ Bank. More here.
