Solana Requires 100% Cash for Trades
@Solana announced its DvP settlement program requiring full cash and asset funding for trades, potentially improving liquidity but lacking netting options. #Update #Crypto $SOL
@Solana announced its DvP settlement program requiring full cash and asset funding for trades, potentially improving liquidity but lacking netting options. #Update #Crypto $SOL
Apple Cash tightens ID rules, banning unverified users from reloading balances; Green Dot Bank maintains crypto transaction ban. Changes may impact Apple’s crypto strategies. #Update #Legal
Zatatep Tours now accepts $BTC for Tanzanian safaris, targeting tech-focused travelers and reducing wire fees. Crypto payments in East Africa expected to grow through 2026. Crypto $BTC
RippleX’s @ja_akinyele reports XRPL x402 payments surged from 1M to nearly 12M in three months, driven by AI service purchases. XRPL sees 525,618 daily payments. #Update #Crypto $XRP
@Evernorth’s shareholder vote approved its merger with Armada Acquisition Corp. II, allowing it to become a publicly traded XRP treasury; expected trading begins October 8. #Update #Crypto $XRP
North Dakota’s banks and credit unions will use @Fiserv’s digital asset platform for dollar settlements via Roughrider Coin on Solana, involving over 90 institutions for interbank payments. #Update #Crypto $SOL
The US sanctioned the Russia-linked A7 Network, blocking its $17 billion crypto payment system and targeting intermediaries using $USDT for transactions. Compliance obligations for financial firms are now in effect. #Breaking #Crypto $USDT
@TronFoundation has surpassed $30 trillion in lifetime transaction volume, with $94 billion in USDT circulating on its network; however, it faces scrutiny over illicit fund flows. #Update #Crypto $TRX
Citi and @Coinbase expand partnership to integrate stablecoin payments into corporate banking, allowing Citi clients to accept stablecoins and Coinbase customers to access virtual accounts. #Update #Stablecoin
Volante Technologies and Circle collaborate to integrate $USDC workflows into Volante’s payment platform, enabling banks to evaluate stablecoin payments alongside existing operations. #Update #Stablecoin $USDC
@Citigroup partners with @Coinbase to enable corporate clients to accept stablecoin payments, with Citi handling final settlements and automatic conversions to fiat currency. #Update #Crypto $USDC
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