Stablecoins and tokenized assets are plugging into the places money already moves. Solana businesses can now pay out to bank accounts, Coinbase’s retail app sells Ripple’s dollar, and the Bank of England has set out how clearing houses can take tokenized collateral.
- Polygon has brought its Open Money Stack payments tools to Solana.
- RLUSD is live in Coinbase’s retail app, at 1:1 against the dollar.
- Curve’s first chain outside the EVM world is Stellar, with StableSwap pools now on mainnet.
- Existing UK rules already let clearing houses accept tokenized collateral, the Bank of England says.
The more places a digital dollar can land, the more it behaves like money, and the more it matters who can move it once it’s in your hands.
Polygon brings bank payouts to Solana
Source: Decrypt
Polygon Labs has extended its Open Money Stack to Solana, the first time its stablecoin payments toolkit has run on the network. A Solana business gets one integration to take in bank, card, cash and crypto funding, create embedded wallets, move funds across Polygon, Ethereum and Tron, and pay out to banks, cards or wallets.
Cross-border payments firm Kira is among the first users. It turns stablecoin transfers on Solana into dollars in bank accounts so its customers can pay overseas suppliers. The Solana Foundation says the network has carried more than $5 trillion in stablecoin volume this year.
Zypto take: Two networks that used to compete for the same businesses now split the job: Solana moves the dollars and Polygon lands them in a bank. The same idea works at a shop counter, where Zypto Pay lets merchants accept crypto and stablecoins and settle in crypto or local currency, with 0% merchant-side processing fees.
Coinbase puts RLUSD in its retail app
Source: Bitcoin.com News
Ripple’s dollar stablecoin is now available in Coinbase’s retail app, exchange and Prime platforms. Customers can convert US dollars and supported dollar stablecoins into RLUSD at 1:1, with deposits and withdrawals on the XRP Ledger, Ethereum and Base.
RLUSD launched in December 2024 and has passed $2.6 billion in market capitalization, according to Ripple. Coinbase says support on Coinbase Global Exchange, including using RLUSD as collateral, will follow.
Zypto take: A stablecoin in an exchange account is the exchange’s to control. Withdraw it to a wallet you hold and it’s yours to move, although the issuer keeps the ability to freeze it.
Zypto App keeps the keys on your phone and lets you swap stablecoins across chains inside the app. Download Zypto App.
Curve opens stablecoin pools on Stellar
Source: The Block
Curve Finance has launched StableSwap on Stellar mainnet, its first native deployment outside the EVM world. Anyone can create a pool, swap, or provide liquidity for assets that track each other closely, such as stablecoins pegged to the same currency.
Curve’s FXSwap, built for assets whose prices move against each other, will follow once its audit is complete. Stellar Development Foundation CEO Denelle Dixon said stablecoins and tokenized assets only deliver real value when people can move between them efficiently.
Zypto take: Deeper stablecoin markets make Stellar more useful for the people already holding dollars on it. Stellar is also the network behind USDC to Cash, where you can cash in or cash out USDC at participating MoneyGram locations from Zypto App.
Bank of England weighs tokenized collateral
Source: Cointelegraph
The Bank of England has opened a consultation on how central counterparties, the clearing houses that stand between both sides of a trade, can accept tokenized versions of eligible collateral. It says existing rules already allow this when the assets meet clearing standards, and the draft guidance adds no new obligations.
Tokenized collateral must stay possible to value, transfer and sell, including in stressed markets. The Bank noted that faster movement across borders could help firms meet margin calls. The consultation closes on February 12, 2027.
Zypto take: Assets that can move across borders at any hour help a clearing house meet a margin call, and they help a person with a wallet in exactly the same way. In Zypto App you can hold tokenized treasuries, gold and other real-world assets in the same self-custody wallet as the rest of your crypto.
Key Takeaways
- Payment networks are starting to share the work, with one chain moving the money and another landing it in a bank.
- A stablecoin on a mainstream app is easy to buy, and where you hold it decides who controls it.
- Stablecoin liquidity on more networks means more places a digital dollar can be swapped and spent.
- Regulators are fitting tokenized assets into the rules they already have, which is how routine use begins.
- The next stretch is about connections: the more routes a digital dollar has into banks, apps and clearing houses, the more it works like everyday money.
Prices, fees, features and availability mentioned in this article were correct at the time of publishing and may have changed since.
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