Bottomline Completes First USDC Transfers Inside Its Enterprise Payments Platform
TL;DR: Bottomline has completed live USDC transfers inside its enterprise payments platform. The initial transfer was between company entities. Bottomline disclosed the cross-border transactions in a November 10 announcement, using its Global Payments Hub and Cash Management platform. The practical point is where the payment fits. A finance team may be more interested in approving,…
PNC’s Coinbase Pilot Turns Incoming USDC Into Business Bank Deposits
TL;DR: PNC’s limited pilot lets eligible businesses receive Ethereum-based USDC, automatically converted into dollars. Coinbase supplies the payment infrastructure. PNC’s new stablecoin pilot addresses a practical business question: can a company accept a digital-dollar payment without deciding to hold digital assets? In its November 9 announcement, the bank says eligible Corporate & Institutional Banking clients…
BVNK Opens OUSD Minting and Payments Across Four Blockchains
TL;DR: BVNK says eligible business customers can now mint, redeem, hold and transfer Open USD (OUSD) on Ethereum, Solana, Base and Tempo. The November 6 rollout is a practical payments integration, but the company has not provided transaction volumes proving how extensively the new service is being used. A stablecoin’s biggest hurdle may not be…
Major Event Management Platform Raises $2M To Expand Stablecoin Payments Across Entertainment Industry
As the stablecoin sector sees global momentum grow, white label event management infrastructure provider Rhuna has raised $2 million in seed funding to expand stablecoin payments in the entertainment industry. Rhuna Raises $2 Million In Seed Round On Thursday, Romania-based infrastructure platform Rhuna announced the completion of a $2 million seed round, led by Aptos…