Welcome to Innovating Payments Top 3 News Headlines for the week of November 10.
Last week, the Federal Reserve Bank of Atlanta released a blog post that discusses the impact of the U.S. Treasury's cessation of penny production and offered insights on rounding strategies.
In other Fed news, Federal Reserve Financial Services released highlights from the 25th Chicago Payments Symposium, including information on key discussions focusing on blockchain in retail and wholesale payments; geopolitical, cybersecurity, and AI risks; open finance, payments, and digital identity; and more.
And the Bank of England has issued a proposed regulatory regime for stablecoins--one more watered down than was expected, according to the Financial Times.
Read on to learn more.
1. Rounding Rules and Cash Inflation When We No Longer Make Cents (Federal Reserve Bank of Atlanta)
In August 2025, the U.S. Treasury ceased production of new 1-cent coins (pennies). The penny is not phased out yet and will continue to serve as a legal tender until the market runs out of pennies or until users no longer find it valuable for transactions. The elimination of the penny coin has three long-term implications. (Read more.)
2. Trends, Technologies and Innovations: 2025 Chicago Payments Symposium (Federal Reserve Financial Services)
The 2025 Chicago Payments Symposium achieved a significant milestone this October – a whopping quarter century as a leading forum for thought leaders from across the payments ecosystem. Every year, the Symposium attracts repeat attendees for in-person and virtual insights while offering a sense of community, networking and fresh perspectives from new participants. (Read on for highlights.)
3. Bank of England dilutes planned rules for UK stablecoins (Financial Times)
According to the Financial Times, "the Bank of England has diluted its planned rules for UK stablecoins in response to industry criticism." (Read more. Read the consultation paper from the Bank of England.)
From digital assets and stablecoins to market competition and increasing risk, the payments space remains a volatile and shifting environment. What developments are keeping you up at night as we begin preparing for 2026?
Check back soon for our next issue, which will highlight the industry's most pressing and essential developments. In the meantime, visit us online at Innovating Payments.
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AUTHOR: Joe Casali, AAP, NCP
Executive Vice President
As the EVP of Payments Innovation for NEACH, Joe focuses on exploring innovative solutions and technologies that will help position members for success, both now and in the future. Connect with Joe to read more of his blogs, articles, and posts.
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