HashKey Daily News Highlights（2025/11/13）
2025-11-13
1. Visa is piloting a stablecoin payment method in US businesses, allowing payments to be made in fiat currency
PANews reported on November 12 that, "Payment giant Visa announced the launch of a pilot program in the United States, allowing businesses to pay USD stablecoins (such as USDC) to crypto wallets via fiat currency accounts (such as USD). The service is implemented through the Visa Direct digital payments network and aims to provide more convenient fund flows for industries that rely on fast payments, such as international businesses and freelancers."
2. JPMorgan Chase has launched its deposit token JPM Coin for institutional clients
BlockBeats News reported on November 12th, "According to Bloomberg, JPMorgan has started offering its institutional clients a deposit token called JPM Coin. Naveen Mallela, Co-Head of Kinexys Global at the bank's blockchain division, stated that JPM Coin represents JPMorgan's US dollar deposits. Users can send and receive funds through the Base public chain associated with Coinbase, enabling 24/7, instant settlement payments, transforming the previous days-long, business hours-only processing limitations."
3. Circle is considering issuing its native token on the ARC Network
PANews reported on November 12th that, "Circle Internet Group's Q3 2025 financial report revealed that Circle is exploring launching a native token on its self-developed public blockchain, Arc Network, to promote network participation and ecosystem growth. Currently, over 100 banks, payment, and technology companies are participating in the Arc public beta network."
4. The UAE digital dirham was tested in its first government transaction
PANews reported on November 12th that, "According to Cryptopolitan, the UAE government completed its first nationwide transaction using the country's central bank digital currency, the "digital dirham." The transaction was jointly completed by the Ministry of Finance and the Dubai Treasury. Processed on the mBridge platform, the transaction took less than two minutes. Ahmed Ali Meftah, Executive Director of the Central Accounts Department of the Ministry of Finance, stated that this pilot program was to test operational readiness and ensure seamless technological integration with the UAE Central Bank system. Previously, in August 2025, the UAE Central Bank announced that it was preparing to launch its central bank digital currency, the digital dirham, by the end of the year."
5. JPY stablecoin issuer JPYC: JPY stablecoin reserve to become key buyer of Japanese government bonds
BlockBeats News reported on November 12th, "According to Cointelegraph, Japan's first officially licensed yen stablecoin issuer, JPYC, stated that as the stablecoin market expands, JPYC may become a significant buyer in the Japanese Government Bonds (JGBs) market. JPYC plans to invest 80% of its issuance revenue in government bonds and hold 20% in banks, a model that is expected to fill the market gap left by the Bank of Japan's slowing bond purchases. JPYC started issuing its yen stablecoin on October 27th, with a current circulation of around $930,000 and aims to reach $66 billion within three years."
6. House passes bill to end the government shutdown
BBC News reported on November 13th, "The House has passed a spending bill that will end the government shutdown with a 222-209 vote.
Next, the bill will go to the desk of President Donald Trump, who said he plans sign it tonight at US time. With Trump's stamp of approval, the longest government shutdown in US history will officially be over."
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