According to Hong Kong’s Ming Pao newspaper, payment giant Visa has announced the launch of its global Visa Agentic Ready program in Hong Kong. Built upon Visa’s core network and integrated with tokenization technology, identity verification, risk management, and authorization mechanisms, the program supports institutions in implementing AI agent-based payments. The first group of participating institutions includes Bank of China (Hong Kong), DBS Bank (Hong Kong), Hang Seng Bank, HSBC Hong Kong, Reap, Standard Chartered Hong Kong, and ZA Bank.
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According to Cointelegraph, Stable Sea, an enterprise treasury management platform, has integrated WisdomTree’s tokenized U.S. Treasury money market fund WTGXX onto its platform, enabling corporate clients to allocate idle funds into the fund to generate returns. As of April 28, WTGXX’s total assets under management stood at $857.6 million, with a daily yield of 3.43%. WTGXX primarily invests in short-term U.S. Treasury securities; its shares are recorded on-chain, supporting faster settlement and automated trading. Stable Sea’s core functionality automatically sweeps corporate cash balances into yield-bearing instruments—and this integration extends that capability to tokenized funds. Clients remain subject to standard compliance review processes. Tokenized money market funds are now accelerating institutional adoption. WisdomTree has received SEC approval for 24/7 trading of WTGXX; Franklin Templeton is collaborating with Binance to promote tokenized fund shares as over-the-counter (OTC) collateral; and Standard Chartered has launched a framework enabling BlackRock’s tokenized Treasury fund to serve as collateral for trading on OKX.
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Standard Chartered Bank's latest report indicates that while the theft of KelpDAO's rsETH has severely impacted the DeFi ecosystem, it is insufficient to change the long-term growth trend of Real World Asset (RWA) tokenization. The bank maintains its forecast that the RWA tokenization market will grow from $35 billion in October 2025 to $2 trillion by the end of 2028, with the core drivers remaining the continued expansion of the DeFi banking system and stablecoin liquidity.Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, stated that this incident is more like DeFi being "bent, not broken," and could even serve as a significant turning point for the industry to move towards a more resilient structure. (The Block)
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According to CNBC, a new study shows that adding Bitcoin to traditional gold allocations can effectively boost overall portfolio returns without significantly increasing risk levels. Meanwhile, Goldman Sachs released a report stating that cryptocurrency prices may have already bottomed out, and some related stocks offer strong investment appeal; Standard Chartered revised its Bitcoin price forecast downward by half; and analysts noted that, amid the recent sustained downturn in the crypto market, Bitcoin mining profitability has sharply narrowed, making mining unprofitable under current conditions.
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According to The Block, Circle CEO Jeremy Allaire stated in an interview with Reuters that there is a “huge opportunity” for a renminbi (RMB)-backed stablecoin. If Chinese authorities wish to enhance the RMB’s global competitiveness, stablecoins could serve as a key technological tool for currency internationalization, and he predicted China may launch an RMB-backed stablecoin within the next three to five years. Notably, the People’s Bank of China (PBOC) and multiple other regulatory bodies explicitly prohibited, as of February 2026, the issuance of RMB-backed stablecoins outside mainland China without prior regulatory approval. In contrast, Hong Kong’s regulatory stance is markedly different: last week, the Hong Kong Monetary Authority (HKMA) issued the first stablecoin licenses to HSBC and Anchorpoint Financial—a joint venture among Standard Chartered, Animoca Brands, and Hong Kong Telecom.
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According to The Block, Visa, Stripe, and Zodia Custody—a digital asset custody firm backed by Standard Chartered Bank—have become the first validators on the Tempo payment blockchain. Tempo is an Ethereum-compatible Layer 1 blockchain designed specifically for high-throughput payments and stablecoin settlement, primarily targeting large institutions. Validators are responsible for verifying, ordering, and finalizing on-chain transactions, and are typically mature organizations with global operational capabilities. Tempo was incubated by Stripe and Paradigm, launched its private testnet in September 2025, and closed a $500 million Series A funding round in October at a valuation of approximately $5 billion. Recently, Tempo introduced its “Agent Payments” protocol—executed by AI agents—and has attracted infrastructure integrations including RedStone.
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According to the Hong Kong Monetary Authority (HKMA)’s official website, the HKMA announced today at 5:00 p.m. the first batch of stablecoin issuer licenses, with HSBC and Standard Chartered among the licensed institutions.