- PAX+70Positive
Huma Finance (@humafinance)
A defining week for PayFi. The world’s biggest payment networks are here. Stablecoins are becoming the most essential infrastructure layer in global finance. Headlines ↓ 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.