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Introducing Money Code: Unlocking the Future of Finance (TWIF 9/5)

Hello Fintech Friends,

Welcome to the 1,221 new readers who’ve joined us since last week. You’re joining 207,000+ other subscribers. Today's newsletter is brought to you by Footprint.

I'm excited to share something big:

We're taking the wraps off Money Code.

Money Code is Stablecon's flagship podcast that decodes stablecoins and the future of programmable money for builders, investors and decision-makers.

Hosted by Chuk Okpalugo, Author of Stablecoin Blueprint, and Raj Parekh, Head of Payments & Stablecoins at Monad, this show dives into the systems, strategies and stories from operators driving digital finance forward. Each week we’ll bring the best ideas directly to the builders and decision makers shaping what comes next.

Who's the #1 guest you want to hear from in the stablecoin world?

Jeremy Allaire? Jamie Dimon? Jay Powell? (The three J's of stablecoins.)

Follow along at moneycode.show 🚀

Please enjoy another week of fintech and banking news below.

Have feedback for us? Let us know. Find me at @nikmilanovic, @twifintech, and @ndm

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Financial Services & Banking

Product Launches

Union Bank Company announced the launch of the USpend teen checking account to empower Ohio teens with financial literacy and independence.

JPMorgan Chase launched its retail digital bank in Germany, marking its second European expansion after the UK.

U.S. Bank released an embedded payroll solution for SMEs.

Other News

TransUnion went public about a data breach that exposed the personal data of over 4.4 million consumers.

The U.S. Treasury warned of Chinese money-laundering networks that funneled approximately $312 billion through dark-money channels tied to Mexican cartels.

The CFTC reiterated support for its FBOT registration framework, applying it to both traditional and digital asset markets in the U.S.

Quote of the Week

"Some people go to Paris to visit the Louvre, the Eiffel Tower or Jim Morrison’s grave. I visited the birthplace of the eurodollar market." – Robin Wigglesworth

Fintech

Product Launches

Fireblocks launched the Fireblocks Network for Payments, a stablecoin payments infrastructure likened to SWIFT, onboarding more than 40 firms including Bridge and Circle.

Gemini launched the XRP Edition Credit Card, offering tiered crypto rewards—4% back in XRP (e.g., on gas, EV charging, rideshare), 3% on dining, and up to 10% with select merchants.

Stripe launched its Tempo L1 blockchain built specifically for payments: native stablecoin fees, reliable execution & finality, private transactions, and purpose-built for scale.

Revolut introduced an Instant Access Savings account for kids and teens offering interest rates up to 4.5% AER, competing directly with Monzo.

Green Check launched "Managed Services," a new offering combining people, processes, and platform support to help financial institutions—especially those in high-risk industries—scale profitably.

0TO9 emerged from stealth as a pan-European fintech venture builder and investor, aiming to launch and scale 1,000 profitable fintechs by 2045 with operations across Stockholm and Berlin.

Ondo Finance launched its Ondo Global Markets platform, bringing over 100 tokenized U.S. stocks and ETFs on-chain via Ethereum, with plans to add BNB Chain and Solana support and scale to 1,000 assets by year-end.

Klarna launched its debit-first card across Europe and simultaneously filed for a U.S. IPO.

Expensify unveiled a new integration with DoorDash for Business, enabling seamless import of DoorDash receipts into its platform to streamline expense reporting and reimbursement.

VersaBank launched a pilot program in the U.S. offering tokenized deposit capabilities, marking its first venture into digitized deposit services.

Upcoming Events

Other News

Stripe filed opposition to JPMorgan’s proposed data-access fees by appealing to the CFPB to act swiftly against what it deemed anti-competitive bank pricing.

Ramp passed $1 billion in annualized revenue, more than doubling its previous benchmark and reflecting rapid growth in its corporate-card business.

Circle embedded USDC into global payments by partnering with Mastercard and Finastra to enable stablecoin settlement across merchants and banks worldwide.

Bluprynt, in collaboration with Circle and Paxos, piloted a “Know Your Issuer” framework that embedded verified issuer credentials into USDC and PYUSD tokens to combat counterfeit cryptocurrencies.

Circle and Paxos trialed new Know-Your-Issuer technology aimed at preventing token copycats by enabling verification of stablecoin issuers on-chain.

Partnership Corner

Nova Credit announced that Chase had selected its Cash Atlas platform and Credit Passport service to power enhanced cash-flow underwriting capabilities, enabling the bank to better serve customers across the U.S. with limited or nontraditional credit history.

The Bad News

PayPal experienced a major disruption in Germany when banks froze approximately €10 billion in payments due to concerns over its fraud-detection systems failing to vet transactions.

The Front Page of Fintech

The Front Page of Fintech

Introducing Money Code: Unlocking the Future of Finance (TWIF 9/5)

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The Front Page of Fintech

The Front Page of Fintech

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