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Crypto

Breez adds support for sending USDC, USDT using bitcoin balance

Breez has added a feature to its developer SDK that lets users send USDC and USDT to more than 30 blockchain networks using their bitcoin balance. Cointelegraph reported that users do not need to pre-convert or separately hold stablecoins. The feature combines the Lightning Network with atomic swaps. Breez identifies the destination chain and shows route, amount, network and fees before payment, while liquidity providers convert bitcoin and deliver the stablecoins.

Crypto

Tradeweb processes real-time trading of tokenised U.S. Treasuries on Canton network

Tradeweb processed a real-time on-chain transaction in tokenised U.S. Treasuries on the Canton Network, the article said. Franklin Templeton transferred tokenised U.S. Treasuries to Virtu Financial, with payment settled using tokenised cash based on USDCx, a USDC-linked stablecoin issued on Canton, according to a recent Cointelegraph report. Tradeweb handled execution and price discovery, while Canton synchronised asset and cash settlement. The deal size was not disclosed.

Crypto

UK revises retail payments blueprint to reflect tokenisation and digital currency infrastructure

Britain has set out a plan to reflect tokenisation and new forms of digital currency in core infrastructure for its future retail payments system. The UK Treasury published a revised national retail payments modernisation roadmap and pointed to building a “diverse multi-currency ecosystem”. The revision includes tokenisation and digital currencies as key elements and calls for infrastructure allowing interoperability with existing systems. The Financial Conduct Authority has also unveiled a crypto regulatory regime with a licensing timetable running into 2027.