RedotPay says it processes over $10 billion in annualized volume and generates more than $150 million in annualized revenue.
Using the Bitcoin's Lightning Network and Tether's USDT, Speed handles $1.5 billion in annual payments and serves 1.2 million users.
The move comes as Visa deepens its stablecoin work and reports a $3.5 billion annualized run rate in stablecoin settlement volume.
YouTube has added PayPal’s PYUSD stablecoin as a payout option for U.S. creators. The choice routes through PayPal’s payout infrastructure rather than requiring YouTube to custody or transfer crypto directly. According to Fortune, PayPal crypto chief May Zabaneh confirmed the arrangement. Google and YouTube also confirmed PYUSD was added as a payout option for eligible […]
The post Crypto just entered YouTube’s $100B creator payouts, offering a novel path to finally exit banks appeared first on CryptoSlate.
PayPal's PYUSD currently holds a market capitalization of $3.9 billion as the world's eighth largest stablecoin.
The team behind the Celo-based app is joining Stripe, while the intellectual property is returned to cLabs.
Stripe has acquired the team behind peer-to-peer mobile payments app startup Valora, though not the app itself.
When the ball drops this New Year’s Eve, you could look to Bitcoin to help you keep your New Year’s resolutions. Bitcoin can enforce promises with code and collateral. That unlocks a class of “self-bribes,” in which a person escrows funds today under conditions only future behavior can satisfy, with payout paths encoded in script […]
The post Bitcoin’s new “self-bribe” code lets you build sobriety wallets that pay your enemies if you break a promise appeared first on CryptoSlate.
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.
Block has switched on Bitcoin payments across its Square merchant network, giving roughly 4 million sellers the ability to accept Lightning Network payments at the point of sale. The merchant selects Bitcoin at checkout, Square generates a Lightning invoice QR code, the customer pays with Cash App or any Lightning-enabled wallet, and settlement happens in […]
The post From Swipe to Zap: Why Square’s 4M Shops Just Got A 0% Bitcoin Button appeared first on CryptoSlate.
New Visa Direct pilot lets businesses send dollar-backed stablecoins like USDC to users’ digital wallets for near-instant access to earnings.
Visa now supports direct stablecoin payouts, starting with Circle’s USDC, through a new pilot designed for creators and gig workers.
Ripple’s newest funding round landed with unusual force for a company long defined by court battles and contested narratives. On Nov. 5, the firm announced a $500 million strategic investment at a $40 billion valuation, backed by funds associated with Citadel Securities, Fortress Investment Group, and Brevan Howard. These are traditional financial institutions that rarely […]
The post How Wall Street’s Ripple bet gives XRP a big institutional role appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Steak n Shake just made fast-food and Bitcoin history. On white paper day, the 91-year-old American fast-food chain announced the creation of a Strategic Bitcoin Reserve (SBR), staking its claim (excuse the pun) as the first major U.S. restaurant chain to funnel all BTC payments straight into a corporate Bitcoin treasury. How Steak n Shake […]
The post Steak n Shake isn’t just flipping burgers; they’re funneling profits directly into a Strategic Bitcoin Reserve appeared first on CryptoSlate.
The Bitcoin Lightning Network was once the crown jewel of Bitcoin’s scaling story, a living map of open channels and growing liquidity that reflected adoption in real-time. However, as the network matures, the picture has blurred. Behind the steady decline in public Bitcoin Lightning capacity lies a quiet transformation: exchanges, wallets, and merchants are routing […]
The post Invisible Lightning: Why exchange channels break a favorite Bitcoin metric appeared first on CryptoSlate.
Visa CEO Ryan McInerney recently confirmed the payments giant is adding support for four stablecoins across four blockchains.
Western Union’s new Solana-based stablecoin and crypto cash-out network mark a smart step into blockchain-enabled remittances, the report said.
The U.S. dollar-pegged token is expected to become available in the first half of 2026.
The bank is working with Coinbase to streamline digital asset payments for institutional clients.
Stablecoins were used to move roughly $46 trillion over the past 12 months, according to new a16z crypto report. Beyond that, over $80 trillion has been processed in crypto trading volume across the same time period. Framed against payment “flows,” the stablecoin tally places on-chain dollars within low single-digit share of global settlement, and it […]
The post On-chain dollars hit 2.3% of global payments: Why Bitcoiners should care appeared first on CryptoSlate.
Moon Inc. (HKEX: 1723), formerly HK Asia Holdings Limited, has raised about US$8.8 million through new shares and convertible notes and will roll out a Bitcoin prepaid card across Asia, positioning a Hong Kong–listed issuer on retail cash rails. The company secured roughly HK$65.5 million via a private placement, combining the allotment of new shares […]
The post Buy BTC like phone credit: Can Bitcoin prepaid cards win Asia’s cash economy? appeared first on CryptoSlate.
Federal Reserve Governor Waller says the central bank plan is entering a new era and says crypto will "no longer be on the fringes."
Elon Musk recently revived the “51 % renewables” benchmark, stating that the energy backing Bitcoin “can’t be faked.” The reference is to his earlier promise that Tesla would resume accepting Bitcoin payments once at least half of mining energy came from clean or low-carbon sources. However, now that the latest data suggests the network may […]
The post Elon Musk: ‘You can’t fake energy.’ Has Bitcoin finally gone green enough for Tesla? appeared first on CryptoSlate.
With rising liquidity, regulatory clarity and institutional use, stablecoins are moving beyond crypto trading to challenge traditional payment networks, DWS said.
The growth of the stablecoin sector as been one of the standout trends in the digital asset industry over the last year.
The company says it has grown revenue 23-fold since 2024 and now supports stablecoin-powered payments in over 170 countries.
Lava has also launched a new dollar yield product, currently offering up to 7.5% APY on loans backed solely by bitcoin collateral.
Ripple's Chief Technology Officer, David Schwartz, announced his departure after more than a decade at the technology company.
Swiss liquidity provider Arf, powered by Huma Finance's PayFi network, aims to make cross-border stablecoin settlements faster and more capital-efficient.