Circle and ACI explore USDC settlement alongside Colombia’s payment rails
The collaboration uses ACI Connetic to explore how stablecoins can work within existing banking operations, with an initial focus on Colombia.
Stablecoins.
International developments, primary sources and useful context.
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HSBC brings its Hong Kong dollar stablecoin to PayMe
RedCoin’s announced rollout adds stablecoin wallets to an existing payments app. Further banking-app and investment features remain planned.
The local payment rails behind access to digital dollars in Latin America
Circle’s Brazil and Mexico announcement connected USDC access with PIX and SPEI, reducing reliance on overseas bank transfers.
Stablecoins need not mean dollars: EURC’s move onto Stellar
Circle expanded its euro-backed token to Stellar in 2023, adding another currency option for blockchain payments and wallet services.
Your card purchase could settle in stablecoins without you buying crypto
Visa’s 2023 pilots used USDC behind the scenes to settle ordinary card payments with merchant payment providers.
Palau’s stablecoin test started with employees and local shops
A controlled pilot paired volunteer government employees with selected merchants to test a dollar-backed digital payment instrument.
Moving USDC between chains without creating another wrapped token
Circle’s first CCTP release used a burn-and-mint process to move native USDC between Ethereum and Avalanche.
When stablecoins became a delivery route for humanitarian assistance
UNHCR’s Ukraine pilot explored distributing assistance through a digital wallet while preserving a route back to local cash.
The stablecoin use case that starts with cash at a shop counter
MoneyGram’s 2022 rollout connected participating retail agents and Stellar wallets, creating a route between physical cash and USDC.