payments
Stablecoins moved $35 trillion last year but only 1% of it was for 'real world' payments
While stablecoins settled around $35 trillion last year, only around 1% of that represented genuine payments like remittances and payroll, a new report found.
Bitcoin utility blockchain VerifiedX debuts ‘Venmo-for crypto’ payment app Butterfly
The Butterfly app goes live in partnership with Crypto.com, Moonpay and Blockdaemon.
Bybit Pay links with digital wallets Yape, Plin to offer crypto payments in Peru
Users can spend stablecoins and major cryptocurrencies which are automatically converted into Peruvian soles at the point of sale.
Algorand Foundation returns to U.S. amid friendlier crypto regulation under Trump
The blockchain nonprofit is moving its base of operations back to the United States and has appointed a new board to oversee its next phase of growth.
Polygon Labs pushes deeper into stablecoin payments with $250 million deal
The move comes as crypto projects increasingly position themselves as offering payment platforms that resemble traditional digital banks, but operate on blockchain rails.
Federal Reserve moves toward narrower, crypto-driven take on master accounts
The U.S. central bank has been mulling the idea of a "skinny" version of master accounts for firms that want payments access without the deeper Fed demands.
Tether leads $8 million investment in Speed to push USDT further into everyday payments
Using the Bitcoin's Lightning Network and Tether's USDT, Speed handles $1.5 billion in annual payments and serves 1.2 million users.
Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
The team behind the Celo-based app is joining Stripe, while the intellectual property is returned to cLabs.
Crypto Payments Firm Truther to Launch Non-Custodial USDT Visa Card in El Salvador
The card doesn't require preloading funds or custodial services, and carries a 2% fee on currency conversions, with no IOF tax for Brazilian users.
Visa Tests Stablecoin Payouts to Speed Payments for Creators, Gig Workers
New Visa Direct pilot lets businesses send dollar-backed stablecoins like USDC to users’ digital wallets for near-instant access to earnings.
