The latest news from liquidity and risk management
Stay updated with real-time coverage of global trade developments, policy changes, and market movements affecting international commerce.
Circle launches Bitcoin-backed borrowing service for institutional clients
- Circle has launched Digital Asset-Backed Borrowing, a service allowing institutional clients to use Bitcoin as collateral to borrow USDC through onchain lending markets.
- The service lets eligible Circle Mint customers deposit Bitcoin, mint Circle’s wrapped Bitcoin token cirBTC, and supply it as collateral to supported third-party lending markets on Arc or Ethereum.
- Morpho is the first lending protocol supported, with Circle planning to add Aave and other protocols in the future.
- Borrowed USDC is deposited directly into the customer’s Circle Mint balance, with borrowing rates, collateral requirements and liquidation thresholds set by third-party lending markets rather than Circle.
- The launch coincides with broader institutional crypto lending expansion, including Anchorage Digital’s partnership with Kamino for borrowing against staked Solana and Lombard’s collaboration with Bitwise for Bitcoin-backed lending.
- BitGo also launched a financing platform in March for borrowing and lending against liquid, staked and locked crypto assets held in custody, using a portfolio-based collateral model.
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Rewired – Foreword
Financial services must balance innovation with legacy systems by modernising rather than replacing infrastructure that has sustained trade for generations.
Eleanor Hill
Devanshee DaveAfreximbank and Africa Trading and Distribution Company signed a $500 million credit facility agreement on 21 September to support trading and distribution operations across Africa and in international markets.
Devanshee Dave
Hong Kong launches first five-year plan to strengthen economic centres and global competitiveness
Hong Kong launches five-year economic plan to strengthen its status as a global financial, maritime, trade and aviation hub.
Devanshee DaveAs of September 18, India’s central bank has attracted $143.6 billion in inflows under its forex swap facility, according to data released on September 21.
Devanshee DaveThe Public Investment Fund (PIF) has launched Tawrid Co. for Financing Solutions, a digital platform offering supply-chain financing products to connect buyers, suppliers, and funders.
Devanshee DaveAnt International, the overseas affiliate of China’s Ant Group, is implementing an AI-driven upgrade across its global financial platforms, including Alipay+, Antom, WorldFirst, and Bettr.
Devanshee DaveHitPay introduces Virtual Accounts, enabling businesses to manage customer payments and B2B collections within a single HitPay account while continuing to accept existing payment methods.
Devanshee Dave
Bottomline launches Global Pay Connect, a next-generation SaaS platform for financial institutions
Bottomline launches Global Pay Connect, a SaaS platform enabling financial institutions to manage payments across traditional and blockchain networks.
Devanshee DaveStandard Chartered executed a $25 million repo transaction with QNB Türkiye, marking its first repo linked to advancing women’s economic empowerment.
Devanshee DavePanax, an AI-native cash and treasury management platform, and RSM US LLP, a consulting and advisory firm, announced a collaboration to improve liquidity visibility, cash forecasting, and treasury operations.
Devanshee DaveStablecoins have entered the World Trade Organization’s policy agenda, with a new report concluding they could make cross-border payments faster, cheaper, and more accessible.
Devanshee DaveThe US International Development Finance Corporation (DFC) approved a $500 million trade financing facility to help US companies access emerging markets in South America, Southeast Asia, and Africa.
Devanshee DaveThe 2026 Secured Finance Economic Impact Study by SFNet finds that asset-based lending (ABL) and factoring contribute approximately $173 billion annually to US real GDP, equivalent to 0.5% of the economy.
Devanshee DaveThe European Bank for Reconstruction and Development (EBRD) is providing up to $25 million (€21.3 million) to Bank of Baghdad under its Trade Facilitation Programme (TFP) to support import and export transactions.
Devanshee DaveBanking Circle has extended its collaboration with OSL Group to support six currencies, including AUD, EUR, GBP, HKD, SGD, and USD, enabling OSL’s B2B stablecoin payment and trading platform to expand into new markets.
Devanshee DaveTreviPay has partnered with Dynatos to integrate Routty Cloud’s e-invoicing technology and compliance support into its B2B payments infrastructure.
Devanshee DaveFinastra announced a partnership with Komgo to address inefficiencies in trade finance caused by fragmented systems and manual, data-intensive processes.
Devanshee Dave
The New Delhi Declaration 2026: BRICS strengthening cooperation amid global challenges
BRICS adopted the New Delhi Declaration 2026 at its summit, outlining cooperation on governance reform, trade, energy and security.
Devanshee Dave
TTP and the Commonwealth Secretariat: Digital trade governance in a changing world order
TTP and the Commonwealth Secretariat explore digital trade governance frameworks to support trusted, inclusive commerce across emerging and developing economies.
Scott Sanchon