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Fiat

Government-issued currency not backed by commodities
Fiat News
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Caladan partners with Spotex to expand institutional crypto liquidity access

Caladan will provide digital asset liquidity to Spotex’s institutional trading network, combining its crypto trading capabilities with Spotex’s client base, which includes banks, brokers, hedge funds, and asset managers
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Thunes and Coinbase partner on unified digital asset infrastructure

Under the partnership, Coinbase will integrate Thunes’ proprietary cross-border payment framework, the Direct Global Network, into its platform and power Thunes’ stablecoin infrastructure
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Maple Finance partners with IRACE Digital Bank

IRACE is providing banking infrastructure necessary to move fiat efficiently between Maple and its institutional counterparties, and will support some of Maple’s TradFi market processes
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Hex Trust collaborates with BCB Group for fiat settlement

Hex Trust clients will gain access to BCB’s fiat on and off-ramping and BLINC, its round-the-clock settlement network
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Thredd partners with Velocity to expand payments offering

Thredd’s payments will now include B2B and B2B2B stablecoin money movement capabilities, with Velocity providing wallet infrastructure, connectivity to onchain rails, and the settlement orchestration layer
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Bastion receives preliminary OCC approval

Bastion Platforms National Trust Company will offer custody, wallets, payment infrastructure, and white-label issuance — including minting, redemption, and conversion between stablecoins and fiat — from a single entity
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Banking Circle to power OSL’s stablecoin-to-fiat payment

The firm now supports OSL across five additional currencies and aims to provide the infrastructure to streamline fiat settlement, crypto conversion, and liquidity management
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Sage Capital Management integrates with OpenPayd

Through the partnership, Sage Capital will extend its banking capabilities, and its clients will gain access to fast settlement, enhanced technology, and virtual International Bank Account Numbers