Visa CEO sidesteps labeling Open USD a challenger to Tether and USDC: ‘Our role is not to pick winners’
The payment giant will "remain multi-coin, multi-chain" and "not to pick winners" as stablecoins are poised to proliferate.

The payment giant will "remain multi-coin, multi-chain" and "not to pick winners" as stablecoins are poised to proliferate.
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BNY Launches Onchain Transfer Agency for Its $8.6 Trillion Fund Business
BNY Mellon is launching a digital transfer agency that will record fund transactions and investor ownership onchain. Baillie Gifford, Blackrock and BNY’s Dreyfus unit are expected to be among its first users. Baillie Gifford to Use BNY Platform for UK’s First Native Regulated Tok

Fed holds rates steady as 3 officials push for hike while crypto market stays flat
The Fed said Middle East-driven energy shocks are keeping inflation above its 2% target, as it keeps it rate range steady.

Fed swaps no longer fully price in a september rate hike, per Bloomberg
Market sentiment shift suggests potential pause in Fed rate hikes, impacting economic forecasts and financial market strategies. The post Fed swaps no longer fully price in a september rate hike, per Bloomberg appeared first on Crypto Briefing.

Freehand raises $75M to automate enterprise supply-chain spending
Freehand has raised $75 million to expand AI agents that handle invoices, supplier negotiations, payments, and other supply-chain tasks for large companies. Freehand secures $75 million from US investors Battery Ventures and NewRoad Capital Partners co-led the round, with Nexus…