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TrustLinq and Ripple bring RLUSD to everyday payments

TrustLinq Unlocks Fiat Payments With RLUSD

Hey Payments Fanatic!

Stablecoins are great for trading, but what about paying your supplier’s invoice or your employees’ salaries?

That’s the gap TrustLinq wants to close with its expanded partnership with Ripple.

Businesses holding RLUSD can now pay third-party bank accounts in more than 190 countries and 80+ currencies, straight from their own wallets. TrustLinq converts the amount into local currency, and the recipient gets a regular bank transfer. No exchange detour, and no crypto wallet needed on the other end.

As Co-Founder of TrustLinq Lili Metodieva puts it, stablecoin holders have never lacked ways to trade. What they’ve lacked is a simple way to pay. Think supplier invoices in Vietnam, salaries in Germany, or rent in Dubai, all paid directly from a stablecoin wallet.

And here’s something that puts the opportunity into perspective: around $35 trillion moves over stablecoin rails annually, but only about 1% represents real-world payments.

Could that be about to change?

Here’s what else is happening in payments today👇

See you tomorrow!

Cheers,

Marcel

INSIGHTS

💡 Infinia: What happens when we tokenize everything? What if airline miles, loyalty points, cloud credits and financial assets could all move between platforms more easily? In this piece, Ianai Urwicz, CEO and Co-Founder of Infinia, explores how tokenization could make different forms of value easier to exchange and use, opening up new possibilities for digital commerce as AI agents take on more transactions. Explore Infinia’s take on the future of tokenization

NEWS

🌐 TrustLinq now lets RLUSD holders pay any bank account, expanding its partnership with Ripple. Users can make fiat payments directly from their self custodial wallets, with recipients receiving local currency bank transfers across 190+ countries and 80+ currencies. The capability is live for all verified clients with no integration required.

🌐 Ecommpay adds Klarna, giving consumers a more flexible way to pay. Merchants across retail, travel, hospitality, mobility and insurance can offer Pay in 3, Pay in 4 and Financing through one integration with no extra technical work.

🇵🇹 TAP expands flexible payment options to four new markets. Klarna lets passengers in Spain, France, Italy and the US pay in three instalments. Financing is also offered on costlier long haul trips booked directly through TAP's website.

🌏 Travog and Mastercard digitize business travel spending with a new travel and expense card. Designed for SMEs, the card integrates payments with travel bookings, spending controls and approvals on Travog's platform, giving finance teams real-time visibility into expenses and simplifying reconciliation.

🇬🇧 Noah CEO Shah Ramezani discusses stablecoin payments and AI-driven transactions on etn.'s The Arena. He explained how AI agents could automate invoice processing and prepare payments while retaining human approval. Noah connects stablecoin infrastructure to traditional banking systems, enabling recipients to receive funds in their local currencies.

🇨🇳 Visa receives approval to begin preparations for a domestic business in China. The People's Bank of China (PBOC) has authorised Visa to begin establishing a domestic bankcard clearing institution. The company must complete further regulatory steps before it can begin processing domestic card transactions.

🇺🇸 Rain introduces wallets, putting the account at the center of its stablecoin payments platform. The embedded wallets let users get paid, save, spend, and send from one balance. Balances back Rain cards at 175 million merchant locations. Wallets where users hold their own keys are live today and support twelve blockchains.

🇫🇷 Flowdesk Europe has secured Payment Institution authorization from France's ACPR, granted under PSD2. The license allows it to provide custody and transfer services for electronic money tokens to clients across the EU. It follows the CASP authorization Flowdesk Europe received from the AMF under MiCA at the end of June.

🇨🇦 Payoneer Canada registers with the Bank of Canada as a payment service provider. The registration under the Retail Payment Activities Act supports regulated payment services, including local currency collection. It also reinforces the regulatory foundation for Payoneer's relationships with its Canadian banking partners.

🇳🇬 Nigeria Inter-Bank Settlement System has launched a National Payment Stack, built on open source technology. The platform supports A2A instant transfers, QR code merchant payments and phone number payments, as well as bulk payments. It runs on Transactility's jPTS switching platform and ISO 20022, and NIBSS keeps access to the source code and control of its development roadmap.

🇧🇭 National Bank of Bahrain has partnered with TerraPay to expand international payouts. Through TerraPay's network, the bank can reach more than 12 billion endpoints, including digital wallets and bank accounts. TerraPay receives Swift ISO 20022 messages and delivers cross border transactions in real time with no deductions from the principal amount.

🌍 Vipps MobilePay reaches more merchants through Rootline, which integrated the wallet using Vipps MobilePay's new PSP API. Platforms using Rootline can now offer Vipps MobilePay to all their merchants without each merchant needing its own agreement. Event platform Preo processed 20,000 MobilePay payments through Rootline during Copenhagen's Kulturnatten.

🌏 Samsung Wallet will add WeChat Pay in a push into China's payments market. Samsung Electronics and Woori Bank plan to sign an MOU with Tencent later this month to link Samsung Wallet Money to WeChat Pay's QR payment system. The move targets China and Southeast Asia, where QR payments are widely used.

🇰🇷 KB Kookmin Card and SBI Holdings will explore stablecoin payments for Japanese tourists in South Korea. The four party agreement with Everspin and SBI Everspin will also test identity verification for AI agents acting on behalf of users. KB Kookmin Card plans to examine AI agent integration with its existing KB Pay platform.

🇺🇸 American Express publishes its Intent Intelligence framework for trusted agentic commerce. The framework captures and authenticates customers' purchase instructions before AI agents transact, including spending limits and merchant preferences. It also uses secure payment credentials to help prevent unauthorised purchases and support dispute resolution.

🇺🇸 Convera has appointed four senior leaders, to accelerate its global money movement platform. Mike Cahill joins as Chief Operating Officer, Jon Southall as CTO, Tui Allen as Chief Product Officer and Chris Steinig as Chief Information Officer. Together they will lead the execution of an integrated global money movement platform combining cross border payments and FX risk management.

🇺🇸 MoonPay names Anne Giviskos as its new CFO. Giviskos will lead the finance organization, set financial and capital strategy and build the infrastructure to support MoonPay's next phase of growth. Her appointment comes as MoonPay scales across financial markets. Keep reading

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