Pairing Coinbase with Citi’s regulated banking rails gives a direct path between tradFi & digital assets.
Tokenized fund holders can exchange shares for RLUSD 24/7, unlocking additional onchain transfers.
The proposals relate to a regulatory framework for Board-supervised payment stablecoin issuers.
SIX and TWINT have joined the CHF stablecoin initiative launched in April 2026 as new partners.
The group of 21 firms includes Fidelity Investments, Goldman Sachs, Deutsche Bank, UBS & MUFG Bank.
Payment stablecoins are being included in business plans presented to OCC.
Members of the public should submit comments within 60 days of publication in the Federal Register.
Phase 2 explores if a stablecoin & digital pound can settle the same cross-border payment in the same flow.
BlackRock, BNY, DTCC, Standard Chartered are exploring integrations before the launch in September.
