@Stripe has launched subscription payments using stablecoins, starting with $USDC on Polygon and Base networks, targeting U.S. AI sector clients to reduce costs and speed up transactions. #Update #Crypto $USDC
Stablecoins, with a market cap over $250B and transaction volumes exceeding Visa and Mastercard, are becoming essential for payments, driven by regulation and liquidity, despite risks like reserve transparency. #Update #Crypto $USDT
WazirX receives Singapore High Court approval for a restructuring plan to compensate over 150,000 users affected by a 2024 hack, totaling $234 million in losses. Payouts via tokenized mechanism expected in 2-3 months. #Update #Crypto $BNB
@CitiVentures has invested in stablecoin payments platform BVNK, joining @Visa’s backing. BVNK processes over $20B annually, reflecting growing interest in stablecoins for crypto transactions. #Update #Crypto $USDC
@Arf and @HumaFinance are joining the Circle Payments Network to enhance cross-border stablecoin payments, enabling same-day USDC settlements and reducing prefunding needs for institutions. #Update #Crypto $USDC
Russia revives barter trade to bypass Western sanctions, exchanging Chinese cars for grain and flax seeds for raw materials. #Update #Economy
@PayPal expands its peer-to-peer service to include cryptocurrency transfers, allowing users to send $BTC, $ETH, and others via PayPal and Venmo. Personal transfers remain exempt from IRS 1099-K reporting. #Update #Crypto $PYUSD
The Central Bank of Thailand froze over 3 million accounts to combat online scams, affecting thousands not involved. #Breaking #Legal
@Ripple unveils XRP and RLUSD to challenge SWIFT’s outdated payment system, offering fast, low-cost cross-border transactions via blockchain and stablecoin innovation. #Update #Crypto $XRP (+6) ↗
The governors of the Central Banks of Caricom agreed to advance a local currency-based, instant settlement payment platform, reducing reliance on the U.S. dollar after a successful pilot between the Bahamas and Barbados. #Update #Finance (+4) ↗
Kazakhstan is launching CryptoCity to integrate cryptocurrency into its economy, enhancing its digital strategy and positioning as a regional IT hub. #Update #Crypto (+4) ↗
@SteaknShake COO Dan Edwards claims $BTC transactions cut processing fees by 50%, surpassing credit card speed at Bitcoin 2025 in Las Vegas. #Update #Crypto $BTC (+3) ↗
@WellgisticsHealth pioneers $XRP for real-time healthcare payments, allocating $50M credit line to enhance transaction efficiency and reduce costs. #Breaking #Crypto $XRP (+8) ↗
@BitgetWallet partners with Paydify to enable $USDT and $USDC payments in over 10,000 stores globally, enhancing crypto usability. #Update #Crypto (+6) ↗
