ECB Connects TIPS With Brazil’s Pix
The European Central Bank (ECB) is exploring linking its TIPS platform with Brazil’s Pix for faster, cheaper EU-Brazil payments, reducing SWIFT reliance. #Update #Finance
The European Central Bank (ECB) is exploring linking its TIPS platform with Brazil’s Pix for faster, cheaper EU-Brazil payments, reducing SWIFT reliance. #Update #Finance
Solana generated $1.1M in fees, surpassing Ethereum’s $649K, while ETH burned more at $226K compared to Solana’s $117K. App revenue on Solana was $7.7M vs. Ethereum’s $1.9M. #Update #Crypto $SOL $ETH
Tether CEO Paolo Ardoino emphasizes AI agents’ financial autonomy, leaving developers responsible for spending authority limits in the new Wallet Development Kit. #Update #Crypto $USDT
@ToolsforHumanity launches World Money, a self-custodial app integrating stablecoins and Stripe for fiat onboarding. Features vary by region. #Update #Fintech
Singapore’s @dtcpay secures $25M in Series A funding led by Vertex Ventures, with SBI Group as a strategic investor to expand stablecoin and merchant payment infrastructure. #Update #Crypto
@Chainflip will reset affected TRON USDT provider balances to zero following a $736,442 exploit disclosed on Sept. 12, while accounting for owed amounts separately. #Update #Crypto $USDT
@justinsuntron’s TRON draft quantum-signature design may prevent some wallets from replacing keys after disabling the signing scheme, although payments could still be made via a separate permission. #Update #Crypto $TRX
XRP Ledger surpassed 5 billion transactions, with 93.2% of August’s activity from 793 accounts, primarily automated; only 2.97 million trades were settled, indicating a shift towards fewer participants handling larger volumes. #Update #Crypto $XRP
@Tether has frozen over $45 million in USDT across 22 wallets linked to Xinbi Guarantee, a sanctioned crypto marketplace, disrupting its operations and prompting a shift to USDD transactions. #Update #Crypto $USDT
$XRP experienced a 29.7% monthly rebound, trading at $1.32, while stablecoins on the XRP Ledger surged to $1.126 billion; DEX volume rose 152.1% over 30 days. #Update #Crypto $XRP
@Circle plans to acquire Tazapay for $400 million in stock to enhance its cross-border payment capabilities, leveraging Tazapay’s connections with over 60 banking partners across 100 markets. #Update #Crypto $USDC
@XRPHealthcare is shutting down after a wallet flaw exposed 4,011 accounts, leading to losses of approximately $450,000. The platform will delist tokens and advises users to secure their assets. #Update #Crypto $XRPH
@Paypal’s PYUSDx surpasses $100M, ranking eighth among stablecoins with $2.81B. M0’s platform enables rapid app-specific stablecoin launches. #Update #Crypto
@Circle has agreed to acquire Singapore-based Tazapay for $400 million in securities, aiming to enhance its global payments infrastructure and boost USDC use in cross-border settlements. #Update #Crypto $USDC