Kraken parent Payward is joining Singapore Gulf Bank's SGB Net to settle dollars 24/7 for institutions in Asia and the Gulf. On a network reportedly clearing over $2bn a month, the link may do as much for the bank as for Kraken.
Reality
- Evidence50
- Adoption30
- Hype gap+20
- Incentives65
- Confidence50
OpenPayd, a London payments firm with $73 million of revenue, expects its Titan merger to close by year-end and fund a US launch by April 2027. With 43 state licenses already bought, the listing mainly supplies cash and shares for the acquisitions its CEO says come next.
Perspective Coverage
3 publishers
- Builder
- Builder 17%
- Operator
- Operator 32%
- Investor
- Investor 51%
Reality
- Evidence62
- Adoption40
- Hype gap+20
- Incentives72
- Confidence60
Fiserv went live with Bank of North Dakota's Roughrider Coin, a stablecoin more than 90 local banks and credit unions reach through software they already use. The test is whether they pick it over the conventional transfer in the same system.
Perspective Coverage
4 publishers
- Builder
- Builder 26%
- Operator
- Operator 44%
- Investor
- Investor 30%
Reality
- Evidence62
- Adoption25
- Hype gap+30
- Incentives70
- Confidence65
MoonPay is pursuing stablecoin, remittance and payments work with KB Financial, Woori Bank and KakaoBank after opening a Korean entity in September. Its one-vendor pitch faces three other global entrants and four Korean firms, most of them selling banks a single layer of the stack.
Reality
- Evidence40
- Adoption20
- Hype gap+25
- Incentives60
- Confidence45
Petrobras is testing the Cardano blockchain in two research projects that track emissions claims on sustainable jet fuel and renewable diesel. With no fuel volumes or timeline attached, the test cannot yet be sized against Shell's Avelia registry, credited with more than 84 million gallons since 2022.
Reality
- Evidence45
- Adoption12
- Hype gap+25
- Incentives70
- Confidence60
Thirty people and a book of institutional trading relationships changed hands on terms nobody disclosed, which leaves the $4.329bn of quarterly revenue BitGo is now trying to put a spread on as the number to read.
Perspective Coverage
9 publishers
- Builder
- Builder 16%
- Operator
- Operator 36%
- Investor
- Investor 48%
Reality
- Evidence70
- Adoption40
- Hype gap+25
- Incentives55
- Confidence65
Kakao Pay and KakaoBank signed a non-binding memorandum with Fireblocks for stablecoin infrastructure, the second such agreement Kakao has signed since July, while KB Financial and Toss have already run won-stablecoin pilots.
Perspective Coverage
3 publishers
- Builder
- Builder 27%
- Operator
- Operator 35%
- Investor
- Investor 38%
Reality
- Evidence58
- Adoption22
- Hype gap+34
- Incentives72
- Confidence68
The connection lets institutions fund and unwind EDX positions from custody software they already run. The one figure either firm quantified belongs to Fireblocks: more than $16 trillion of activity secured.
Reality
- Evidence32
- Adoption18
- Hype gap+22
- Incentives82
- Confidence46
The trail Onchain Lens traced is 2.3% of USD1's $4.17bn supply. The bigger question is the 87% of the coin a February snapshot put on Binance, and the rewards keeping it there.
Reality
- Evidence46
- Adoption68
- Hype gap+28
- Incentives79
- Confidence54
The transfer is about 2.7% of USDe supply, so size is not the story. The story is that the two parties able to explain a custody event have both said nothing.
Reality
- Evidence32
- Adoption56
- Hype gap+26
- Incentives63
- Confidence33
Two years of SIEM ingestion cuts left the data layer that agentic detection will run on, and 24% of security leaders now rank visibility above staffing as their top barrier.
Reality
- Evidence63
- Adoption38
- Hype gap+24
- Incentives76
- Confidence62
Rain, Visa, Mastercard, Fiserv, Circle and Remitly have formed the Agentic Payments Alliance with about two dozen members, explicitly modelled on EMV. Plan to conform, not to define.
Reality
- Evidence56
- Adoption27
- Hype gap+38
- Incentives76
- Confidence62
A reported breach of roughly 200,000 customer records at Bits of Gold shows what a KYC mandate actually builds: one file worth more than the coins it sits beside.
Reality
- Evidence28
- Adoption58
- Hype gap+18
- Incentives45
- Confidence33