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.
BNP Paribas and HSBC have facilitated a cross-border, cross-currency tokenized-deposit transaction for Siemens using Swift’s shared ledger. The transaction reveals how a hub-of-hubs model could connect banks’ proprietary tokenized-deposit systems without requiring corporates to adopt new treasury infrastructure...
