Payments Daily · Friday, November 13, 2026Daily
PAY.NEWS
Visa Adds USDPT to VisaNet Settlement Assets
Visa partners with Anchorage to allow settlement of VisaNet obligations using Western Union’s U.S. dollar stablecoin USDPT. Hong Kong’s Ensemble project enables 24/7 interbank settlement of tokenized deposits, and the SFC approves tokenized money market funds for 24/7 secondary-market trading.
Payments & Infrastructure
Fintech News SingaporeDBS PayLah! Supports China’s Three Major QR Payment Ecosystems
DBS PayLah! now supports merchant QR payments in mainland China using Alipay, Weixin Pay, and UnionPay, covering more than 3 million users and over 100 million partner merchants.
Banking & Accounts
HKMA — Press releases (简体中文)First partyHong Kong Monetary Authority and SFC Co-host Seminar to Advance Tokenization and Expand Ensemble Collaboration
The Hong Kong Monetary Authority and the SFC co-hosted a seminar on November 11, focusing on the Ensemble project and SFC-authorized investment products, to advance Hong Kong’s tokenization ecosystem. EnsembleTX has entered a new phase, enabling 24/7 interbank settlement of tokenized deposits; the SFC has approved tokenized money market funds for 24/7 secondary-market trading. The event attracted approximately 200 industry participants, with multiple banks and industry pioneers sharing practical experience in tokenization.
Stablecoins & On-chain
Visa Adds Western Union’s USDPT to VisaNet Settlement Assets Through Anchorage
Visa partnered with Anchorage Digital to allow Visa and eligible partners to settle VisaNet obligations using Western Union’s U.S. dollar stablecoin USDPT, making it the first stablecoin issued by Anchorage Bank to receive native settlement status on the Visa network.
Regulation & Compliance
Bank of Russia Approves Licensed Exchanges to Conduct Cryptocurrency Trading Starting November 22
The Bank of Russia announced that approved exchanges may conduct cryptocurrency trading starting November 22, 2026, after obtaining its approval of their trading rules. The relevant rules require platforms to record information on orders, transactions, and participants; calculate multiple price indicators; and report transaction progress and results to the central bank under existing procedures. BTC, ETH, and USDT have been approved for trading by non-professional investors. Ordinary investors are subject to an annual purchase limit of 300,000 rubles per intermediary, and transactions must be processed through platforms authorized by the central bank.
Digital Transactions NewsNine Retail Associations Sue OCC and NCUA, Challenging Their Treatment of the Illinois Interchange Law
Nine retail associations filed two lawsuits concerning the OCC’s and NCUA’s handling of the Illinois Interchange Fee Prohibition Act. The law would prohibit Illinois merchants from bearing credit- and debit-card interchange fees on sales and tipping transactions, and its implementation has been delayed until 2027; the plaintiffs argue that the two agencies exceeded their authority by excluding the law and violated the Administrative Procedure Act’s notice-and-comment requirements.
Uniswap, a16z, and Paradigm Support Challenge to Illinois DeFi Tax
A DeFi business coalition led by Uniswap, a16z, and Paradigm filed an amicus brief with the court supporting a challenge to Illinois’s 0.2% digital asset tax. The bill would impose a 0.2% fee on Illinois customers’ exchange, transfer, or storage of digital assets through brokers and would require brokers to retain customers’ private keys; the state government has postponed the tax’s effective date from January 1, 2027, to July 1, 2027.