Payment Systems

Payment Systems

Finance

AI developers may not be keen on crypto, but stablecoins are the secret to agentic finance, crypto insiders say

The brave new world of autonomous, micro-transacting AI agents is where programmable cryptocurrencies will shine, according to stablecoin experts.

Robot girl (Gabriele Malaspina, Unsplash)

News Analysis

Kraken's surprise Fed win may harken onslaught of crypto firms with narrow Fed access

The Kansas City Fed may term this "Tier 3" access, but Kraken's entry into the vaunted Fed payments system has riled bankers and raised crypto hopes.

U.S. Federal Reserve headquarters in Washington (Jesse Hamilton/CoinDesk)

Finance

Stripe's Bridge sees stablecoin volume quadruple as utility insulates from 'crypto winter'

The payments giant says Bridge, its stablecoin arm, saw its transaction volume sky-rocket through last year as stablecoin adoption is decoupling from crypto cycles.

Stripe co-founders Patrick and John Collison (Stripe)

Finance

Hong Kong's RedotPay said to plan blockbuster $1 billion IPO in New York: Bloomberg

The stablecoin payments company has hired JPMorgan, Goldman Sachs and Jefferies, according to Bloomberg.

Crowded Hong Kong street scene with Chinese banners over the road

Finance

Block weighs cutting up to 10% of jobs: Bloomberg

The company has told hundreds of employees their jobs are at risk as part of a broader overhaul.

XYZ CEO Jack Dorsey (Joe Raedle/Getty Images)

Policy

Gov. Waller: U.S. Fed to 'Embrace Disruption,' Pitches 'Skinny' Master Account Idea

At its first event on payment innovations, the Federal Reserve's Christopher Waller suggested a compromise over the crypto world's "master account" aims.

Federal Reserve Governor Christopher Waller at DC Fintech Week (Jesse Hamilton/CoinDesk)

Markets

OKX SG Brings USDT and USDC Scan-to-Pay to Singapore’s Everyday Shopping

The OKX Pay service involves collaboration with crypto infrastructure provider StraitsX and Southeast Asia's "everyday everything" app Grab.

The Merlion in Singapore (PokkO/Shutterstock)

Policy

Thailand’s Digital Tourist Wallet Rolls Out, With Crypto Link Still Stuck in Sandbox

Bangkok’s push to revive tourism now includes an e-money wallet for foreign visitors, with a crypto conversion feature still under regulatory review.

Thailand Flag (CoinDesk Archives)

Finance

PayPal Expands Crypto Payments for U.S. Merchants to Cut Cross-Border Fees

The new feature supports over 100 cryptocurrencies and major crypto wallets, aiming to simplify international commerce for U.S. merchants.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Finance

Alibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain

The move is part of Ant's broader effort to build a platform that supports various forms of digital currencies, including tokenized assets.

Circle's logo on a building (Sandali Handagama/ CoinDesk)