A defining week for PayFi. The world’s biggest payment networks are here. Stablecoins are becoming the most essential infrastructure layer in global finance.
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1️⃣ @Mastercard went live with multi-stablecoin settlement covering Solana, Ethereum and more with always-on intraday, weekend, and holiday settlement.
2️⃣ SWIFT launches a new cross-border payments framework with 50+ banks including @JPMorgan, @HSBC, @Citi and @BNPParibas, promising instant settlement, and end-to-end traceability across major remittance corridors by the end of June.
3️⃣ @MoneyGram launched MGUSD on @StellarOrg, issued by @stripe's bridge with @FireblocksHQ wallet infra embedded in MoneyGram's own payment network.
4️⃣ @RobinhoodApp launched Agentic Trading and an Agentic Credit Card - letting AI agents trade and transact on users' behalf via Robinhood's MCP.
5️⃣ @solana shipped native subscription billing and spending-limit tools to mainnet, giving developers a shared way to build recurring payments, payroll flows and AI-agent budgets directly onchain.
6️⃣ @Morpho open-sourced Midnight, a fixed-term fixed-rate non-custodial RWA lending protocol with offer-based markets, async matching, and cross-chain settlement built for any asset, including permissioned RWAs.
7️⃣ @Paxos Securities Settlement Company received full SEC registration - the first blockchain firm authorized as a central securities depository for U.S. equities, unlocking 24/7 same-day settlement alongside DTCC.
8️⃣ @deel launched stablecoin salary payouts powered by @bvnk_. Employers fund payroll in fiat or stablecoins, employees choose how to receive their net salary.
9️⃣ @coinbase integrated with @Checkout to bring USDC and USDT payments to 1,000+ enterprise merchants.
1️⃣0️⃣ @Citi projected tokenized securities to grow from $17B today to as much as $5.5T, with stablecoins reaching $1.9T by 2030.