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Both card networks touched fresh all-time highs even as shoppers grow more selective, while Visa's own CEO sold $2.16 million in stock the same week.
Visa and Mastercard shares hit fresh records as aggregate U.S. consumer spending held up, even as shoppers became more selective about purchases.
Eight additional operators join this week, bringing 2026 additions to twenty and marking Beijing's most aggressive push yet to embed the e-CNY across the domestic banking system.
The People's Bank of China added eight banks to its digital yuan operator network this week, the second expansion round of the year and part of a tripling of the roster year-to-date. The buildout signals a strategic shift from pilot phase to systemic infrastructure, with implications for cross-border settlement and payments incumbents.
An early investor in BVNK detailed the stablecoin payments firm's path to its $1.8 billion acquisition by Mastercard.