Policy Event Β· High impact

Column Connects USDC And USDT Conversion To Its Bank Core

Column launched a stablecoin service that connects USDC and USDT conversion directly to its own bank core, supporting 24/7 stablecoin-fiat movement alongside SWIFT, RTP and ACH rails. The model compresses settlement time but makes real-time AML screening, chain analytics, refund handling and fiat-clearing status part of the same control stack.

High impactπŸ‡ΊπŸ‡Έ United StatesStablecoinBankingAMLUSDCUSDTSOLETHColumnSwift

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Protocols/assets in scope: USDC, USDT, SOL, ETH. Named institutions or platforms: Column, Swift. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related Stablecoin tracker page β†’

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High impactπŸ‡©πŸ‡ͺ GermanyCustodyBankingLicensingBTCETH

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Medium impact🌐 GlobalAMLRegulationETC

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High impactπŸ‡ΊπŸ‡Έ United StatesRegulationLicensingExchange

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High impactπŸ‡°πŸ‡· South KoreaEnforcementAMLRegulation