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.
Kraken is evolving from a cryptocurrency exchange into a diversified financial services institution. Its parent company, Payward, is acquiring European bank Saldo Bank, expanding its capabilities across traditional banking, lending and card issuance. Combined with its strategic partnerships in tokenized equities, institutional trading and payments, the acquisition strengthens Kraken's position as one of the most consequential crypto-native businesses preparing for a potential
