Bank

Keyrails unveiled a 75-currency RTGS network with stablecoin compatibility, aiming to collapse cross-border trade settlement into a single wire instruction and bypassing correspondent banking chains across emerging markets.

Anchorage is stepping back from the stablecoin consortium backed by Robinhood and Kraken, signaling a strategic shift toward custodial neutrality amid tightening regulation and intensifying stablecoin competition.

Banking trade groups are pushing lawmakers to cap stablecoin yields in the Clarity Act, warning that uncapped interest could trigger massive deposit flight from traditional banks.