Latest / Impact Vector: Crypto Infrastructure
PayPal Brings $PYUSD to Polygon to Expand Compliant Stablecoin Payments - Cryptonews.net — 2026-07-09
## Short Segments Swift launches a blockchain ledger for tokenized deposit pilot with 17 banks, marking a significant step in cross-border payments. The European Union plans to update MiCA to regulate foreign stablecoin issuers, while CFTC Chair Selig warns of regulatory overreach if the Clarity Act stalls. Sony Bank receives conditional OCC approval for a US trust bank to issue a dollar-backed stablecoin, and Hong Kong's SFC orders crypto platforms to phase out OTP logins. Coming up, PayPal expands its stablecoin $PYUSD to Polygon, aiming to enhance compliant stablecoin payments. Swift…
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