Open USD Just Turned the Stablecoin Race Into an Ecosystem Contest
Open USD launched on June 30, introducing a stablecoin model where multiple entities can issue the asset rather than a single issuer controlling the largest digital asset by market cap. This shifts the competitive landscape from individual stablecoin dominance to ecosystem-based approaches where reserve income and distribution mechanisms operate differently than traditional single-issuer models.
Read full story →Ramp Expands Internationally into Canada
Ramp, a corporate card and expense management platform, launched its services to Canadian businesses this week. The New York-based company previously piloted operations with select Canadian small businesses before this broader Canadian expansion.
Visa Expands Money Movement as Card Spending Accelerates
U.S. payments volume on Visa cards grew 10% year-over-year while the company simultaneously expanded into AI agents, stablecoins, and tokens. Visa is balancing traditional card-based commerce with emerging digital money-movement channels that route transactions through new pathways.
Fenergo Launches AI Agent Orchestration Platform
An agentic AI orchestration platform for banks automates client onboarding, due diligence, and compliance tasks while maintaining human oversight and audit trails. The platform enables real-time risk assessment during routine banking operations.