Payments Daily · Tuesday, November 10, 2026Daily
PAY.NEWS
Canada Launches the Real Time Rail Instant Payments Network
Payments Canada launches the Real Time Rail, providing financial institutions and payment service providers with 24/7 real-time exchange, clearing, and settlement. A Coinbase subsidiary has received an unconditional national trust charter from the U.S. OCC, allowing it to conduct digital asset custody, settlement, and stablecoin reserve management.
Payments & Infrastructure
Digital Transactions NewsPayments Canada Launches Canada’s Real Time Rail Instant Payments Network
Payments Canada launches Canada’s Real Time Rail, providing financial institutions and payment service providers with 24/7 real-time exchange, clearing, and settlement. Initial participants in the network include Bank of America, Digital Commerce Bank, and Peoples Trust Company, and it is expected to cover 90% of Canadians by the end of its first year.
Regulation & Compliance
Banking DiveCoinbase Obtains an Unconditional National Trust Charter
Coinbase announced that its subsidiary, Coinbase National Trust Co., obtained an unconditional national trust charter 13 months after applying to the OCC. The charter allows it to conduct digital asset custody, settlement, and stablecoin reserve management under the OCC’s federal framework, while continuing to work with the NYDFS. The company will initially focus on its core custody business before expanding into other models.