The rule forms part of the central bank's broader effort to bring cross-border payments fully inside the regulated FX system.
Visa said its settlement pilot for stablecoins now supports nine blockchains and has reached a run rate of $7 billion a year. The company announced on April 29 that it added Arc, Base, Canton, Polygon and Tempo to a pilot that already used Avalanche, Ethereum, Solana and Stellar. Visa said the annualized settlement run rate […]
The post Visa is quietly building stablecoins into mainstream payment plumbing without you knowing appeared first on CryptoSlate.
Libra launched in 2019, rebranded to Diem, and sold its blockchain assets to Silvergate Bank in 2022, three years of work that ended when regulators pushed back, and bank partners withdrew. On Apr. 29, Meta announced USDC payouts to eligible creators through compatible crypto wallets on Solana and Polygon, starting with selected creators in Colombia […]
The post Meta’s USDC pilot shows how stablecoins could capture billions in creator payouts appeared first on CryptoSlate.
Facebook paid its creators nearly $3 billion in 2025 — a 35% jump from the year before. Now some of those Meta creators will get paid in crypto. Related Reading: Dogecoin Futures Open Interest Explodes As Leveraged Traders Pile In Meta: A Second Try At Digital Payments Meta has begun rolling out USDC stablecoin payouts to select creators in the Philippines and Colombia, marking the company’s return to digital currency after a failed attempt years ago. Creators who sign up can link a third-party crypto wallet to Facebook’s payout platform and receive funds directly on the Solana or Polygon blockchains. The rollout is live now, though it remains limited to eligible creators in those two countries for the moment. Polygon confirmed the launch on Wednesday, adding that expansion to more than 160 markets is expected soon. “This is how creators’ lives are improved,” the blockchain network said, pointing to faster settlement times and access to dollar-denominated assets as key benefits for users outside the US. The future of marketplace commerce is on Polygon.@Meta launched stablecoin payouts for creators on the Polygon Chain. Live in Colombia and the Philippines, with 160+ markets coming, users now get faster settlement with USDC while gaining access to dollar denominated assets. pic.twitter.com/hjodzNpuyU — Polygon | POL (@0xPolygon) April 29, 2026 One catch: Meta does not convert USDC to local currency. Creators who want cash will need to use an outside exchange on their own. The company also reserved the right to pay through alternate methods if technical problems arise. Big Scale, Careful Rollout The creator pool affected by this change is broad. Meta’s platforms — Facebook and Instagram — host influencers, educators, and entertainers who earn through content posted on the apps. According to company data, that creator base collectively received close to $3 billion from Facebook alone last year. USDC, the stablecoin issued by Circle, ranks as the second-largest stablecoin by market value. Data from DeFiLlama puts its market cap at over $77 billion as of Thursday. Tether’s USDT still leads the market at a little over $189 billion. Stablecoins have been gaining traction across the financial industry. Reports indicate that banks and financial institutions in Europe are actively picking infrastructure partners to support stablecoin adoption, a sign that corporate interest in the technology has moved well beyond cryptocurrency circles. Related Reading: Bitcoin Bull Run Brewing: ATH In Sight By Late 2026: Analyst The Ghost Of Diem Meta’s history with stablecoins is complicated. The company first entered the space in 2019 under the name Libra, which was later rebranded as Diem. The project ran into a wall of regulatory opposition from central banks and lawmakers who raised concerns about financial stability, privacy, and consumer protection. In January 2022, the project acknowledged it could not move forward and sold its assets to Silvergate Capital Corporation. This time, Meta is not building its own stablecoin. By using USDC — an already-regulated, widely accepted digital dollar — the company sidesteps much of the friction that doomed Diem. Featured image from MetaAI, chart from TradingView
Visa added five blockchains to its stablecoin settlement pilot as annualized volume reached $7 billion, up 50% from last quarter.
“We want to be the default for 'money at rest' within the onchain space,” WisdomTree Head of Digital Assets Will Peck said.
Toku has integrated Paxos Labs’ Amplify platform, enabling employees to earn yield on their pay “the moment it lands.”
Cathie Wood built ARK Invest's Bitcoin case on the idea that Bitcoin would become a global monetary layer that is programmable, borderless, resistant to inflation, and eventually dominant in payments. The latest version of that argument concedes that stablecoins got there first on the payments side. In a recent interview with The Rollup, the ARK […]
The post Cathie Wood’s Bitcoin bull thesis concedes stablecoins won the real-world payment fight appeared first on CryptoSlate.
South Korea's Kbank has signed a strategic partnership with Ripple to test blockchain-based overseas remittances, placing a bank with a central role in Upbit's KRW account access beside one of crypto's longest-running payments infrastructure firms. Local reports describe the work as a technical verification, or proof-of-concept, focused on whether Ripple's infrastructure can improve the speed, […]
The post The South Korean bank powering Upbit is testing Ripple integration for cross-border payments appeared first on CryptoSlate.
Aven's new bitcoin credit card will offer fixed-rate, fixed-term loans of up to 10 years at a 7.99% APR as well as unlimited 2% cash back.
Apple is heading into its biggest leadership transition in years, just as scrutiny is mounting over the security of its App Store and the rise of crypto theft on iPhones. On April 20, the company revealed that John Ternus, its senior vice president of hardware engineering, will succeed Tim Cook as chief executive officer by […]
The post Will new Apple CEO combat fake crypto apps littering the “walled garden” App Store? appeared first on CryptoSlate.
Infinite is introducing bank accounts that support traditional and crypto services like ACH, wire and stablecoin transfers.
The fintech provider has rolled out support for Ethereum, Solana and Plasma-issued USDT tokens across its entire product suite.
Stripe, Coastal Bank and ARQ are also deploying stablecoin payment flows on Tempo's network alongside DoorDash.
Artificial intelligence and crypto-native tools are quickly shaping a future where software agents can fund themselves, run cross-chain strategies, and move through financial markets with no one at the controls. According to a recent report by DWF Ventures, automated and agentic activity now accounts for an estimated 19% of all on-chain transactions, with 17,000 agents […]
The post Staggering $28 trillion flows through crypto’s ‘agent economy’ – but 76% of it is just bots shuffling stablecoins appeared first on CryptoSlate.
USDT stablecoin issuer Tether has stepped in to anchor a massive recovery plan for Drift Protocol, the Solana-based decentralized exchange (DEX) that was crippled by a $286 million exploit earlier this month. However, the rescue package includes a potent commercial string that could challenge Circle's dominance of USDC on the Solana blockchain. According to the recovery plan, Drift […]
The post Tether uses $127M Drift rescue to challenge Circle’s grip on Solana payments appeared first on CryptoSlate.
Payments companies are increasingly investing in new tools that will enable agents to safely execute transactions.
Visa, Stripe and Zodia by Standard Chartered are notable early additions for Tempo as it begins to build out its validator set.
For most of the past two years, debate about stablecoins in payments has focused on the checkout screen: will consumers ever tap a wallet instead of a card? Visa, Stripe, and Mastercard have answered with their capital. Visa now settles in USDC, Stripe bought Bridge, and Mastercard is acquiring BVNK. Each move reflects the same […]
The post Crypto projected to move $719 trillion through global payments with Visa, Mastercard aggressive stance appeared first on CryptoSlate.
Seven financial institutions launched sandbox testing regulated Swiss franc stablecoin, running through 2026 as stablecoin usage accelerates globally.
Circle's biggest selling point may be becoming its biggest liability. On-chain investigator ZachXBT's “Circle Files” allege that the USDC issuer has inconsistently applied its freeze powers. Circle was too slow in 15 cases involving more than $420 million in allegedly illicit funds since 2022, yet broad enough to sweep 16 operational business wallets in a […]
The post Circle’s USDC freeze power faces fresh scrutiny after wallets were blocked while stolen funds moved appeared first on CryptoSlate.
XRP is in its deepest losing streak in more than a decade, even as Ripple aggressively expands into corporate finance and institutional infrastructure. The disconnect is forcing a key market question: why isn’t that momentum showing up in price? XRP price is in its longest losing streak since 2014, a slide that has left one […]
The post XRP’s longest slump in a decade collides with Ripple’s $13 trillion institutional push appeared first on CryptoSlate.
XRP enters an identity crisis as oil, inflation fears, and dollar strength hit the market all at once XRP has reached the hardest phase of the cycle. The asset spent much of the year carrying a cleaner institutional narrative than most large-cap altcoins. CryptoSlate has already tracked institutional migration into Ripple-linked products, ETF resilience tied […]
The post XRP’s use case should benefit from global stress, so why is price acting like a risk asset? appeared first on CryptoSlate.
SoFi has launched a new enterprise banking platform with 24/7 payment support, combining fiat and crypto services.
Washington is building a cleaner lane for digital dollars, and the consequence for Bitcoin is becoming easier to map. Over the past year, U.S. lawmakers, regulators, and the White House have moved in the same direction. The GENIUS Act framework advanced in the Senate with language built around payment stablecoins, reserve backing, consumer protection, and […]
The post Congress aims to make digital dollars easier to use than Bitcoin solidifying the ‘digital gold’ narrative appeared first on CryptoSlate.
AI agents are moving beyond chatbot duty and into a bigger role across the internet. As software starts researching, buying, coordinating, and completing tasks with limited supervision, a new question arises: how does a non-human user pay, prove who it is, and operate within clear rules? That question opens an unexpected lane for crypto, especially […]
The post The crypto winners from AI may not be AI coins at all as agents start spending autonomously appeared first on CryptoSlate.
Crypto companies eager to attract new users have been sponsoring sports teams across various leagues for years.
Mizuho maintained its outperform rating and kept a price target of $666 following news of Mastercard's BVNK acquisition.
The firm’s application was approved on March 23, three days after it was submitted, appointing Visa the highest Super Validator weight.
Bitget Wallet launched the Onchain Payments Matrix, connecting Ripple, Mastercard, and Tether within a global stablecoin payments network.