Payments Daily · Thursday, October 22, 2026Daily
PAY.NEWS
OCC finalizes regulatory framework for payment stablecoins
OCC published regulatory rules for payment stablecoin issuers, covering reserves, redemption, custody, risk management, capital, reporting, and supervision, which will take effect on January 18. The ECB expanded the scope and flexibility of EUREP, in principle providing euro liquidity backstop support to all central banks, with a maximum limit of €50 billion per institution.
Payments & Infrastructure
Fintech News SingaporeThunes adds Venezuela to its global real-time payments network
Thunes now allows banks and payment service providers to send real-time remittances to Venezuelan bank accounts, processing transfers through Credito Inmediato Interbancario. The channel supports remittances, freelancer payments, mobile wallets, and cash pickup. Remittance inflows to Venezuela in 2025 are estimated at US$6 billion, accounting for 7 percent of GDP, with approximately half coming from the United States.
Fintech News SingaporeDBS PayLah! expands QR payments to Taiwan, covering more than 250,000 merchants
DBS PayLah! users can now make QR payments using TWQR at more than 250,000 merchants in Taiwan, covering approximately two-thirds of the TWQR merchant network. More than 3 million PayLah!
Banking & Accounts
European Central BankFirst partyECB expands EUREP coverage and flexibility, strengthening international euro liquidity support
The ECB enhanced EUREP this year for central banks outside the euro area, providing them with euro liquidity backstop support secured by high-quality, euro-denominated collateral. The updated framework in principle provides standing access to all central banks, with a maximum limit of €50 billion per institution and individual terms ranging from one day to one week, with extensions possible. Central banks that complete the access process may draw on the facility starting in the fourth quarter of 2026. Philip R. Lane said that EUREP primarily supports euro-denominated bond markets, while swap lines supplement liquidity support through local bank credit channels.
Stablecoins & On-chain
Anchorage Digital Bank announces stablecoin partnerships with Western Union and Securitize on consecutive days
Anchorage Digital Bank announced two stablecoin partnerships over two days: Western Union will send remittances in stablecoin form to Western Union wallets through a USDPT-based Receiver Redirect operated by Noah; Securitize will allow institutions to mint and redeem its issued stablecoins directly with Anchorage.
Regulation & Compliance
PYMNTSOCC finalizes regulatory framework for payment stablecoins, rules to take effect Jan 18
OCC finalized regulatory rules for payment stablecoin issuers within its jurisdiction, covering reserves, redemption, custody, risk management, capital, reporting, and supervision, which will take effect Jan 18. The framework applies to national bank and federal savings association subsidiaries, nonbank issuers seeking federal approval, and certain foreign issuers; BSA, AML, and OFAC sanctions compliance requirements will be addressed in a separate rulemaking coordinated by the Treasury Department.
RBI issues six-month regulatory directions to Puducherry Co-operative Urban Bank Ltd
The Reserve Bank of India (RBI) issued regulatory directions to Puducherry Co-operative Urban Bank Ltd. Effective from the close of business on October 21, 2026, the bank may not, without the RBI’s written approval, grant or renew loans, make investments, incur liabilities, accept new deposits, or undertake other activities.
Payments & Agent Economy
Fintech News SingaporeMastercard demonstrates how AI agents can pay multiple service providers from a single budget
Mastercard demonstrated its Agent Pay for Machines solution, which enables AI agents to pay multiple service providers from a single approved budget and has opened early access to developers. Based on x402, the solution works by having service providers return “402 Payment Required,” after which the agent generates a digitally signed payment credential. The service provider verifies it and delivers the service; transactions can initially be completed off-chain and redeemed afterward.