Story thread · 7 reports / 6 sources

Int'l banks plan stablecoin, OpenPayd enters US market

americanbanker.com · 10dShare

A consortium of international FIs are planning to issue a U.S. stablecoin in early 2027; London-based OpenPayd has entered the U.S. through its acquisition of MSB USA; the U.K. fined Citi £4.7 million ($6.3 million) for hundreds of transactions in breach of sanctions against Russia; and more in this week's banking news roundup.

First report: OpenPayd Makes Major US Push After Securing 43 State Money Transmitter Licences — cryptopotato.com, 12d