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Payments News

Broadly speaking, payments are compensation for goods or services. A person can pay with cash, gold or any number of other things, depending on what the receiving party allows. Fiat money is most commonly used for payments, although crypto payments have become more common over the years. A number of services and platforms facilitate the ability to make a payment in Bitcoin (BTC) and other cryptocurrencies. Payment gateways have increased the ability to use Bitcoin in business, even for entities that are not directly in the blockchain business.
Cryptocurrency has gained significant adoption over time, with mainstream payments players also becoming involved with the asset class. Additionally, a person can pay with Bitcoin directly in a peer-to-peer fashion.
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Abu Dhabi’s Universal Digital has launched USDU, the first US dollar‑backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation.
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European Central Bank executive Piero Cipollone has argued that rising geopolitical tensions make a European-controlled payments system a strategic necessity.
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OKX says the card supports USDC and USDG spending, is issued via Monavate on Mastercard’s network and is available to verified EU users.
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ERC-8004, which a lead developer has tipped will be deployed to mainnet this week, enables AI agents to discover and trust each other across platforms without centralized gatekeepers.
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Adoption has been strongest in the hospitality, travel, digital goods, and gaming industries. Millennials and Gen Zs are proving to be the most crypto-savvy shoppers.
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Australia's Federal Court ordered BPS Financial to pay $1.3 million for unlicensed conduct and $8 million for misleading and deceptive representations.
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Ripple’s agreement with Riyad Bank highlights growing institutional interest in blockchain for payments, custody and tokenization across global financial markets.
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Capital One’s acquisition of Brex comes just months after the payment company launched support for stablecoins.
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At the World Economic Forum, Circle CEO Jeremy Allaire rejected claims that stablecoin yields could spark bank runs, pointing to money market funds and broader shifts in finance.
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Circle said digital financial infrastructure, including stablecoins, can save 20% of the cost of delivering humanitarian aid.
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Vitalik Buterin wants improved private payments, easier running of full nodes, decentralized apps that don’t rely on centralized services, and more on-chain privacy.
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The CLARITY Act is becoming a fight over who controls yield as rules split DeFi companies and incumbents and risk pushing onchain US dollar yield offshore.
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The restructuring comes as the company integrates new payments assets and narrows its mandate, with several employees saying on X that they were affected by the layoffs.
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Visa has chosen BVNK to power Visa Direct pilots using stablecoins, enabling pre-funded cross-border payouts to wallets in select markets.
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