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Archive · August 26, 2026

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Story 01

Visa Joins MAS Stablecoin Settlement Pilot, Linking Card Networks to Digital Asset Rails

Visa has joined the Monetary Authority of Singapore’s pilot to settle payments using stablecoins, aiming to bridge traditional card networks with digital asset infrastructure. This move positions Visa at the forefront of integrating stablecoins into mainstream payment flows, challenging legacy cross-border settlement models. Competing networks such as Mastercard and major banks like DBS now face a direct test of their digital asset strategies as MAS’s approach could become a template for other regulators.

Source: Finextra
Also Worth Knowing
№02

Revolut Launches In-House AI Research Unit to Power Super-App Personalization

Revolut has established an AI research unit to build proprietary models focused on financial behavior and customer experience. By investing in internal AI capabilities, Revolut aims to differentiate its super-app with deeper personalization and smarter financial tools. Fintechs such as Monzo and N26 may need to accelerate their own AI development to maintain user engagement and retention.

Source: Sifted
№03

Fasset Reaches Unicorn Status as Stablecoin Neobank Valued at $1 Billion

Fasset, a US-based stablecoin neobank leveraging AI, has hit a $1 billion valuation after its latest funding round. The milestone highlights growing investor appetite for stablecoin-centric platforms and signals intensifying competition in the digital asset banking space. Neobanks such as Juno and fintechs like Circle may respond by launching new stablecoin products or seeking partnerships to attract similar investment.

Source: Finextra
№04

CommBank’s PaidIt Platform Targets Digital Payouts as Cheque Phase-Out Accelerates

CommBank’s x15ventures has launched PaidIt, a digital platform for managing remediation payments and refunds, ahead of Australia’s planned cheque phase-out. This positions CommBank to capture enterprise and government payout flows as paper-based methods disappear. Australian banks such as Westpac and NAB, along with payout providers like EML Payments, will need to modernize quickly or risk losing relevance in the shift to digital disbursements.

Source: Finextra
№05

RockawayX Acquires Relayer Capital, Expanding Crypto Fund Presence in US Market

RockawayX has acquired Relayer Capital and rebranded it as the RockawayX Liquid Opportunities Fund to broaden its crypto investment offerings in the US. This move strengthens RockawayX’s foothold in the competitive US crypto fund landscape and signals ongoing consolidation among digital asset investment firms. Firms such as Pantera Capital and Galaxy Digital may look to similar acquisitions to expand their US presence and product range.

Source: The Block
The Long Memory
“Singapore’s MAS stablecoin pilot is among the first regulator-led projects to directly involve a global card network like Visa in live digital asset settlement trials.

Filed under: Payments History · The Long Memory

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