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News
MVB, Velocity Join Visa Stablecoin Settlement Pilot
19+ hour, 28+ min ago (524+ words) Home » MVB, Velocity Join Visa Stablecoin Settlement Pilot MVB Financial Corp., a banking partner for fintech and technology companies, is participating with stablecoin payments platform Velocity in a Visa Direct pilot aimed at enabling stablecoin-based funding and settlement for eligible…...
Haiti - Agriculture: Rehabilitation of the Arnaud rural road (Nippes Department) - HaitiLibre.com: Haiti news 7/7
2+ day, 15+ hour ago (220+ words) In the communal section of Baquet, Arnaud, in the Nippes department, the Ministry of Agriculture—through the Resilient Agriculture for Food Security Project (PARSA)—is working to improve travel conditions for rural residents and facilitate the transport of agricultural produce…...
Visa Direct Stablecoin Payments Pilot Launches - OneSafe Blog
3+ day, 4+ hour ago (382+ words) For US businesses, the IRS treats stablecoins as property. Every disposition—whether converting USDC to fiat for a push-to-card payout or sending it directly to a counterparty—can trigger a taxable event. Reconciliation workflows must capture the fair market value…...
Visa Stablecoin Settlement Tops $20 Billion as Card Volume Surges
3+ day, 5+ hour ago (515+ words) Visa’s stablecoin settlement volume has climbed above a $20 billion annualized run rate, up more than 15-fold from a year ago. The growth is forcing card issuers, lenders and banks to rethink how they finance settlement in an always-on crypto market....
MVB Partners With Velocity for Visa Direct Stablecoin Settlement Pilot
3+ day, 6+ hour ago (340+ words) MVB Financial has partnered with Velocity to join a Visa Direct pilot supporting stablecoin-enabled funding and settlement for push-to-card payouts, Velocity said in a Wednesday (Sept. 9) press release. Through their partnership, MVB will use stablecoin payments to settle its Visa…...
5 Things to Know About the Home Trust Preferred Visa
3+ day, 8+ hour ago (911+ words) The Home Trust Preferred Visa is known for its ability to save you money on foreign transaction fees, but because it’s not a premium travel card, there are plenty of areas where other cards have it beat, including insurance coverage,…...
BJ’s Wholesale receives $240M in credit card fee settlement
3+ day, 8+ hour ago (201+ words) BJ’s Wholesale Club has received a net gain of $240 million from a settlement stemming from a settlement of litigation over credit card interchange fees. The Marlborough-based wholesale giant disclosed the settlement to the U.S. Securities and Exchange Commission on Tuesday,…...
Mvb Financial Corp. Partners with Velocity to Join Visa Direct Stablecoin Settlement Network
3+ day, 10+ hour ago (309+ words) Published on 09/09/2026 at 01:50 pm EDT MVB Financial Corp. announced that it will participate in a Visa Direct pilot supporting stablecoin-enabled funding and settlement for eligible push-to-card payouts. Through the partnership, MVB Financial Corp. will be able to use stablecoins to…...
Visa Stablecoin Settlement Run Rate Passes $20B
3+ day, 18+ hour ago (374+ words) Visa says its stablecoin settlement volume recently surpassed a $20 billion annualized run rate, up more than 15x year over year. The reading, disclosed in the context of Visa’s fiscal second quarter 2026, points to a sharp expansion in settlement activity across the…...
ZARU adds Absa to stablecoin banking network to establish structural redundancy
4+ day, 1+ hour ago (160+ words) ZARU, a South African rand-backed stablecoin, partnered with Absa, one of South Africa's largest banking groups, to expand its local banking ecosystem. The agreement integrates the financial institution into the network connecting the physical rand with blockchain-based digital assets. The…...