China News by Thebittimes.Com

After Solana boasted this week about its exclusive partnership with remittance giant Western Union for its USDPT stablecoin, researchers remained skeptical that the partnership will gain meaningful traction. The unfortunate reality of such announcements is initial hype and minimal follow-up. Indeed, for nearly a decade, crypto partnerships with traditional finance — and remittance companies in particular — have almost always fizzled out after their initial fanfare. Crypto giants like Ripple and Stellar have announced a dizzying array of Press Releases that ultimately resulted in minimal on-chain activity. According to a complaint by the US Securities and Exchange Commission, for example, Ripple “made an avalanche of public statements” over the years in an attempt to increase the value of XRP as it sold over $2 billion worth of the token. Ripple contested that characterization and lost one complaint on the slightly lower amount of $728 million worth of unreg...

Source: Binance (X) SoftBank -backed PayPay Corporation has acquired a 40% stake in Binance Japan, marking one of the most significant crossovers between Japan’s mainstream digital payments sector and the cryptocurrency industry. The partnership aims to bridge everyday payments and digital asset trading, potentially reshaping how Japanese consumers interact with money in an increasingly digital economy. Strategic Alliance Strengthens Domestic Financial Ecosystem PayPay confirmed the acquisition in early October, saying it would treat Binance Japan as an equity-method affiliate. The two companies have agreed to a capital and business alliance that will include joint development, product innovation and shared infrastructure. For PayPay, the investment is part of a broader strategy to evolve from a mobile payment service into a comprehensive digital financial platform, offering savings, investment, and asset management products under one umbrella. Binance Japan...

Visa’s stablecoin launch plans are now confirmed, and the payments giant is actually integrating digital currencies into its massive $15.7 trillion network. At SIBOS 2025, Visa declared a pilot program of stablecoin prefunding via Visa Direct and the new program is expected to modernize the cross-border payments as well as provide liquidity to businesses worldwide. The Visa stablecoin launch is in fact a solution to the slow and expensive international transfers that has been haunting the financial system quite long enough now. Visa Direct stablecoin business funding announcement – Source: Visa Visa Stablecoin Launch Set to Boost Cross-Border Payments and Adoption Source: CNBC The launch of Visa stablecoin allows financial institutions to pre-fund Visa Direct account using stablecoins rather than using traditional fiat currency. This new strategy of stablecoin adoption 2025 is to use digital assets as ”money in the bank” to get instant payouts and even removes t...

Three Swiss banks have completed what they describe as the first legally binding interbank payment settled using bank deposits on a public blockchain, marking a milestone in the country’s push to modernise financial market infrastructure. PostFinance , Sygnum Bank and UBS executed the transaction as part of a feasibility study coordinated by the Swiss Bankers Association, which said the work demonstrates that shared-ledger payments can be processed immediately and conclusively and tied to automated business processes. News – Milestone for the Swiss financial center: Deposit Token Proof of Concept successfully completed https://t.co/DGsgf4KBqJ Under the umbrella of the Swiss Bankers Association (@SwissBankingSBA), @PostFinance, Sygnum Bank, and @UBS have conducted a Deposit Token… pic.twitter.com/6D21Y83UIS — Sygnum Bank (@sygnumofficial) September 16, 2025 Background: deposit tokens under the industry umbrella The project builds on the Swiss bank...

Ripple (XRP) is undoubtedly one of the leading cryptocurrency tokens to exist in the market today. The token has long been touted as a crypto best suited for institutional usage, soaring past obstacles that tried to limit its pace. XRP was always different from its peers, as the token’s primary target was never retail, but it was directed towards dominating the world’s cross-border transactions domain. Here’s how Ripple is bound to go bigger one way or the other. Also Read: What Does It Take for Ripple (XRP) to Reach $5? Ripple Decoded: Budding Use Cases Source: InsideBitcoins Ripple (XRP) is one of the most promising cryptocurrencies on the market. The token is gaining mainstream attention as it continues to attract inflows and investments through its cross-border payment domain and RLUSD interactions. In addition to this, one analyst, All Things XRP on X, further explained the expanding role of XRP. Moreover, the analyst added that the token certainly has a much bigger role to p...

The Architecture of Trust: How Blockchain Powers InFoFi! In the evolving landscape of Web3, InfoFi—short for Information Finance—is emerging as a compelling paradigm, where information, attention, and influence are treated as economic assets. Underpinning this shift is the robust architecture of blockchain , which secures and animates InfoFi’s trust-based ecosystem. What Exactly Is InfoFi? At its core, InfoFi redefines how value is assigned in the information economy  by  tokenizing  attention, data, and credibility , transforming them into tradable and monetizable assets on-chain. Unlike the Web2 model, where aggregated data and user contributions fuel centralized platforms, InfoFi embeds fairness and transparency at its core, allowing creators, analysts, and everyday users to directly benefit from their informational input. The Role of Blockchain in Building Trust Immutable Ledger of Contributions Blockchain ensures that every piece of information—be it sentiment data, market insig...

JPMorgan blockchain clearing firm partnership with Marex actually creates the first 24/7 blockchain payments system for institutional settlements right now. The collaboration enables blockchain payment settlements through JPMorgan’s Kinexys platform, and Marex clearing services is becoming the first to offer round-the-clock programmable payments that address financial market volatility concerns. Marex first clearing firm announcement with JPMorgan – Source: Marex How JPMorgan and Marex Enable 24/7 Blockchain Payment Settlements Source: Reuters Marex Group has become the first clearing firm to actually utilize JPMorgan blockchain clearing firm infrastructure through the Kinexys Digital Payments platform. This partnership with Brevan Howard Digital enables 24/7 blockchain payments that operate continuously, even reducing settlement risk during financial market volatility periods. JPMD token on BaseScan showing transaction data and market information – Source: BaseScan Th...

Robinhood (NASDAQ: HOOD) officially launched its tokenized equities offering in the European Union (EU) on June 30, enabling users to trade more than 200 U.S. stocks and exchange-traded funds (ETFs) 24/5 with zero commissions.  The new system Features tokenized versions of real-world assets (RWAs), fully backed and settled on-chain, while offering transparent audit trails and promising to blend blockchain and traditional finance (TradFi). A significant milestone for blockchain finance, the rollout led to a 13% surge in Robinhood’s share price.  Tokenized equities As blockchain adoption expands, more businesses are turning to tokenized shares as a new way to raise capital.  Namely, instead of issuing traditional stock certificates, companies can now offer equity in the form of digital assets, such as crypto, to expedite their operations and potentially expand their global reach. Robinhood’s tokenized trading platform runs on the Ethereum (ETH)...