Today in crypto, Cross-border transfer giant MoneyGram is pushing deeper into blockchain payments with a partnership with Tempo, the Qivalis euro stablecoin consortium has expanded to 37 banks, and Yorkville America has requested to withdraw several crypto ETFs it filed in partnership with Trump’s Truth Social.MoneyGram deepens blockchain payments push via Tempo partnershipMoneyGram has partnered with payments-focused blockchain Tempo to support stablecoin settlement and help validate remittance transactions on the network, as remittance companies increasingly adopt blockchain technology for cross-border transfers.The companies said Stripe will settle transactions to MoneyGram using Tempo’s infrastructure as part of efforts to move treasury and payment flows onto stablecoin rails.Tempo is a Layer 1 blockchain incubated by Stripe and Paradigm that focuses on stablecoin transfers and cross-border payments. In April, Visa became an early validator on Tempo, alongside companies including Stripe and Zodia Custody.MoneyGram said it will serve as an “anchor remittance validator” on the network, helping validate transactions as the company expands its role from using blockchain networks to helping operate them directly.Source: Worldbank.orgEuro stablecoin project Qivalis adds 25 banks ahead of launchQivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions on Wednesday after adding 25 new banks across 15 countries.The new members include ABN AMRO, Rabobank, Nordea and Intesa Sanpaolo. The Amsterdam-based consortium is targeting a second-half 2026 launch, according to a statement shared with Cointelegraph.“We are not merely building payment rails; we are ensuring that European principles around data protection, financial stability and regulatory rigour are embedded into the next generation of digital money,” said Howard Davies, chairman of Qivalis’ supervisory board.The move comes as European institutions race to establish alternatives to US dollar-dominated stablecoins, which currently account for 98% of the market, according to CoinGecko.Source: QivalisTrump-backed Truth Social pulls bids for crypto ETFsAsset manager Yorkville America has requested to withdraw multiple crypto exchange-traded funds applications filed on behalf of US President Donald Trump-backed Truth Social after changing its product strategy.Yorkville America said Tuesday that it is moving away from offerings registered under the Securities Act of 1933, such as the proposed Truth Social Bitcoin ETF, to structures under the Investment Company Act of 1940, saying the shift would enable it to offer more innovative products while benefiting from stronger investor protections and tax efficiencies. Yorkville America’s request to withdraw its Truth Social Bitcoin ETF. Source: SECYorkville America’s Truth Social Bitcoin & Ethereum ETF and Truth Social Crypto Blue Chip ETF were also withdrawn. The asset management firm said it “initiated this process after determining the '40 Act framework provides a structure for delivering the differentiated, rules-based investment strategies the firm continues to develop for its growing investor base.”The withdrawals come amid ongoing concerns that Trump’s ties to the crypto industry, and the financial interests stemming from them, are conflicting with his duties as the US president. Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.