In May 2026, the Depository Trust & Clearing Corporation announced plans to work with more than 50 financial firms, including BlackRock, JPMorgan, and Goldman Sachs.

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Marqeta previously powered the launch of Coinbase's consumer crypto debit card in the United States in October 2020.

Coinbase CEO Brian Armstrong stated in September 2026 that Coinbase is working with banks, fintechs, and other businesses to move payment activity into stablecoins.

Coinbase and Marqeta announced an expanded partnership on October 16, 2026 to enable enterprise customers to issue stablecoin-backed payment cards.

Mizuho, MUFG, and SMBC target beginning commercial live transactions of the joint yen stablecoin during fiscal year 2026, which runs from April 2026 to March 2027.

The pilot verified the full lifecycle of issuance, transfer, and fiat redemption for cross-border settlements between Mitsubishi Corporation's Japanese headquarters and its overseas bases.

The Depository Trust & Clearing Corporation plans to launch commercial access to its Tokenization Service at the end of October 2026, making approximately $30 trillion in securities held at its Depository Trust Company subsidiary eligible for tokenization.

The Depository Trust & Clearing Corporation plans to integrate public blockchain networks Stellar and Circle's Arc into its Tokenization Service in 2027.

In December 2025, the Depository Trust & Clearing Corporation partnered with Digital Asset and the Canton Network to tokenize selected U.S. Treasury securities held at the Depository Trust Company.

The Depository Trust & Clearing Corporation selected the Canton Network, operating under the CIP-56 standard, as one of two closed platforms for its initial tokenization rollout.

The Depository Trust & Clearing Corporation chose isolated private network architectures for Hyperledger Besu and Canton Network because institutional capital is not ready to take risks on open ledgers.

On July 15, 2026, over 30 financial institutions conducted production trades using tokenized securities across Canton and Besu, testing collateral transfers, securities lending, Treasury repos, and equity transactions.

Mastercard launched its Global Money Platform with BVNK in October 2026 to integrate traditional currency accounts, stablecoin balances, conversions, and bank payouts

Payment firms Nuvei and Marqeta signed on as early commercial clients integrating Mastercard's Global Money Platform for cross-border treasury operations

Visa introduced a stablecoin prefunding service using Circle's USDC for cross-border payouts, with Inyo Global becoming the first provider to put it into commercial use

Visa launched more than 160 stablecoin-linked card programs globally, pushing its annualized run rate for stablecoin settlements past $20 billion

Citi expanded its partnership with Coinbase on September 28, 2026 to allow corporate customers to accept stablecoin payments through Citi's merchant-processing services.

MUFG, Mizuho, and SMBC joined a banking consortium under SBI Ripple Asia in 2017 to implement RippleNet technologies for domestic and cross-border settlements.

Coinbase partnered with payment infrastructure provider Moov on September 10, 2026 to connect Coinbase's Payments API and wallet technology to community banks and credit unions.

An August 2026 survey of 30 fund managers managing approximately $1.16 trillion identified regulatory uncertainty as the leading concern among institutional cryptocurrency investors

On October 15, 2026, New Jersey-based Cross River Bank announced a partnership with Ripple to integrate Ripple's US dollar-backed RLUSD stablecoin into its core banking platform