Perlin’s Ponderings

研报英文原文证据摘录

Perlin’s Ponderings

RBC Capital Markets, LLC

Daniel R. Perlin, CFA (Analyst)

(410) 977-0821, daniel.perlin@rbccm.com

Matthew Inglis (AVP)

(212) 558-0412, matthew.inglis@rbccm.com

Company Ticker Rating

June 24, 2026

Affirm AFRM SP

Broadridge Financial BR OP Perlin’s Ponderings

Corpay CPAY SPRESEARCH A daily digest of commentary and news Fidelity National Info FIS OP

Quick summary: stablecoins; financial technology; digital payments Fiserv FISV OP

Flywire FLYW OP

Stablecoins Shift4 Payments FOUR OP

SBI Holdings has launched a yen-backed stablecoin, $JPYSC, which is

designed for on-chain foreign exchange markets, institutional lending, Global Payments GPN SP

and real-world asset tokenized settlements, with cryptocurrency trading HealthEquity HQY OP

platform SBI VC Trade responsible for circulation and distribution. The Jack Henry JKHY OPEQUITY Lightspeed LSPD OP EU Parliament's economic committee has approved draft rules for the

digital euro, advancing the ECB's efforts towards a eurozone CBDC, which Mastercard MA OP

opens the path to formal negotiations between the European Parliament, PicS N.V. PICS OP

the Council of EU governments, and the European Commission, with Paysafe PSFE SP

discussions expected to begin in July 2026 and a 12-month pilot starting PayPal PYPL OP

in the second half of 2027. Chainlink is reportedly joining several dozen Q2 Holdings QTWO SP

international banks on a cross-border stablecoin payments project, called Rocket Cos RKT R

Project Pangea, which includes Qivalis, a euro stablecoin group of 37 SS&C SSNC OP

European banks, and UniKA, a Korean banking alliance made up of more Toast, Inc. TOST SP

than 10 commercial banks. Source: corporate release; Reuters

Visa V OP

Financial technology NCR Voyix VYX OP