Mastercard agreed to acquire BVNK for up to $1.8 billion as it expands further into stablecoin and blockchain-based payments.
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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Stablecoins are emerging as cheaper alternatives to costly legacy FX rails, but off-ramps such as bank account access add significant friction, according to Delphi Digital.
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The partnership targets foreign travelers in South Korea, adding real-world merchant access through a major local payments processor.
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A new FATF report says crypto exchanges operating offshore can create gaps in AML enforcement, making it harder for regulators to track illicit activity.
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Andreessen Horowitz partner Noah Levine says AI agents made $1.6 million in payments in the past month, which “is not a big number, but the infrastructure being built around it is.”
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The US banking giant seeks trademark protection for “WFUSD,” covering crypto trading, payments, staking software and blockchain-based financial services.
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Ripple APAC managing director Fiona Murray said there was sufficient institutional interest in Australia to warrant the costs of acquiring an Australian Financial Services License.
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Stablecoin banking startup Kast secured fresh funding as it looks to expand payment infrastructure across North America, Latin America and the Middle East.
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Kraken secures Fed payment access, MARA clarifies its Bitcoin treasury plans, Fold cuts $66M in debt, and analysts say NYSE tokenization could attract institutions.
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BitGo will support the rollout of US dollar-pegged stablecoin SoFiUSD, as US fintechs and banks expand digital dollar infrastructure following new federal legislation.
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Supermarket chain Spar now accepts ADA payments at 137 stores in Switzerland as crypto payment options expand in the country.
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Screenshots posted by William Shatner reveal cashback rewards, yield on deposits and FDIC-insured accounts for Musk’s new payment platform.
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In a first for crypto, Kraken’s banking unit gained access to the US Federal Reserve’s payment system, Fedwire, though without full banking privileges such as interest on reserves.
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The upgrade integrates custody, treasury automation and settlement tools as Ripple pushes deeper into institutional cross-border payments.
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Visa and Stripe-owned Bridge aim to expand stablecoin-linked Visa cards to 18 countries, and plan 100-plus by the end of the year, while testing stablecoin settlement with Lead Bank.
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