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Archive · June 25, 2026

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Story 01

Ripple’s RLUSD Stablecoin Launches in Japan, Expanding Cross-Border Payment Options

Ripple has launched its RLUSD stablecoin in Japan after securing regulatory approval, making it available via SBI VC Trade for both institutional and retail users. Japanese banks and investors now have a new cross-border settlement tool, intensifying competition with existing stablecoin providers. Ripple’s entry may prompt other global stablecoin issuers to seek Japanese market access and force incumbents to differentiate on speed, compliance, or FX features.

Source: The Block
Also Worth Knowing
№02

Digital Euro Moves Forward as European Parliament Committee Approves Key Legislation

A European Parliament committee has approved legislation supporting the digital euro, providing the European Central Bank and EU financial institutions with a regulatory framework to begin pilots and technical preparations. Banks and payment providers must now assess integration strategies for digital euro rails, which could impact wallet, card, and instant payment adoption across the region.

Source: Finextra
№03

Worldpay Outage During World Cup Game Exposes Payment Infrastructure Weakness

Worldpay suffered a payments outage during the England vs Ghana World Cup match, disrupting card transactions at UK pubs and shops. Retailers and consumers experienced direct losses, while Worldpay’s reliability is now under scrutiny from merchants and regulators. Competing processors may see increased merchant switching as businesses seek more resilient payment partners ahead of future high-traffic events.

Source: Finextra
№04

Stablecore Unveils Stablecoin and Digital Asset Program for US Credit Unions

Stablecore has launched a stablecoin and digital asset program tailored for US credit unions, aiming to boost their digital finance offerings. Credit unions can now offer members new digital asset services, narrowing the technology gap with larger banks and fintechs. Traditional banks may face faster digital adoption among credit unions, raising the bar for innovation in member engagement and payments.

Source: Finextra
№05

SBI Holdings Issues Japan’s First Trust Bank-Backed Yen Stablecoin

SBI Holdings has launched $JPYSC, reported as Japan’s first trust bank-backed yen stablecoin, offering a new secure digital payment option for institutions and retail investors. This development gives Japanese banks and fintechs a regulated alternative to existing digital payment methods and may accelerate stablecoin adoption in domestic commerce. Japanese regulators are expected to update digital currency frameworks as more banks consider similar launches.

Source: Finextra
The Long Memory
“EMV technology, introduced in 2004, required payment cards to use microchips instead of magnetic stripes—yet France had already adopted a similar chip card system in the 1980s.

Filed under: Payments History · The Long Memory

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