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MoneyGram Joins Solana, BoE Softens Stablecoin Rules & CRED's $900M Meta Raise
Audio is available on Spreaker — see link below.
Payments giants are becoming blockchain infrastructure — MoneyGram is now a Solana validator alongside Mastercard and Western Union. Plus: the Bank of England rewrites stablecoin reserves, BitGo unlocks institutional DeFi, and CRED closes a $900M Series H as its founder heads to WhatsApp.
Audio is available on Spreaker — see link below.
MoneyGram just became a Solana validator. That's the signal that cuts through everything else today.
The Solana story gets a second data point today. South Korea's Toss Bank launched a proof-of-concept with the Solana Foundation to rebuild cross-border remittance rails for fifteen million customers across thirty countries.
BitGo launched institutional DeFi vaults this week in partnership with Morpho. The structure is worth understanding precisely because it's the first clean template for institutional DeFi access.
The Bank of England moved this week, and the direction matters beyond the UK. The mandatory cash reserve requirement for stablecoin issuers dropped from forty percent to thirty.
CRED closed a nine-hundred-million-dollar Series H from Meta at a four-point-five-billion-dollar valuation. The raise is significant.
Two shorter items to close. Nuvion integrated Visa Direct this week, layering real-time fiat payouts across cards, bank accounts, and digital wallets onto its existing stablecoin settlement rails.
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