USDC Holds 53% of Fireblocks Stablecoin Volume
The share reflects activity on the institutional custody and transfer platform Fireblocks, according to an announcement from the @USDC account.
Global Financial Services News
This section covers the financial services sector as a business — banks, insurers, asset managers, fintechs and payment companies as organizations with earnings, strategies, regulatory obligations and competitive pressures. Reporting follows the institutions and the decisions that move money through the economy.
Recent news
November 8, 2026
Redtech to Launch Kenya-Nigeria Payments BridgeThe Nigerian firm plans a pilot to speed cross-border transfers between the two markets, targeting the first quarter of 2027.
November 7, 2026
Boost, Airwallex Expand B2B Card Payments GloballyThe five-month partnership routes eligible high-value cross-border transactions through Airwallex's acquiring infrastructure to address slow onboarding and settlement friction.
November 7, 2026
Bank Alfalah Completes Exit From AfghanistanThe Pakistani lender transferred its Afghan banking business to Ghaznfar Bank after regulatory approvals in both countries.
November 6, 2026
EU Negotiators Push Toward Digital Euro DealEuropean Parliament and Irish Council Presidency aim for a political agreement on the digital euro by November 18.
November 6, 2026
Portuguese-Speaking Central Banks Launch NetworkCentral banks from Portuguese-speaking nations formed a new network to coordinate on financial stability and modernization.
November 6, 2026
WE BUILD Consortium Expands Digital Identity PilotsThe consortium reviewed its first year of work on EU digital identity and business wallet pilots at a General Assembly in Bucharest.
November 6, 2026
EU Approves AkzoNobel-Axalta Merger With ConditionsEuropean regulators cleared the $25 billion coatings deal on condition that AkzoNobel sell a European vehicle refinish business.
November 6, 2026
Stablecoins Enable Sub-Cent Global Dollar TransfersCoinbase CEO Brian Armstrong praised stablecoins on X as a way to send dollars across borders instantly for under one cent, while critics raised privacy and freeze-control concerns.
November 6, 2026
Mandarin Re Launches Retakaful WindowLabuan regulator approves the Malaysia-based reinsurer's dedicated Islamic division to offer Shariah-compliant treaties to takaful operators worldwide.
November 6, 2026
Coris Bank Shares Triple, Lifting Parent StakeCoris Holding's stake in Coris Bank International is now worth about $1.13 billion after the bank's shares rose 202.1% this year.
More in Financial Services
Coverage takes in bank earnings and capital ratios, insurance underwriting results, asset manager fund flows and fee structures, fintech funding and IPO activity, payment network volume and the regulatory actions that reshape competitive conditions across the sector. Banking regulation cycles — stress tests, capital requirement revisions, merger reviews — produce concentrated coverage at set intervals, with the period between them filled by earnings and credit quality data. Fintech has blurred the boundary between technology and financial services coverage enough that a single company's story often requires both frames simultaneously. Payment infrastructure decisions — which networks process what, on what terms, at what cost — have drawn regulatory and legislative attention that now generates its own coverage track separate from the earnings cycle.