Washington’s stablecoin stalemate is hardening into a fight that banks recognize immediately as a deposit issue. The dispute is no longer centered on whether dollar-linked tokens should exist. It centers on whether they should be treated as deposits, especially if consumers can earn interest-like rewards simply for holding them. A recent White House meeting aimed […]
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Stripe launched x402-based USDC agent payments on Base as CoinGecko enabled $0.01 pay-per-request crypto data access.
On Feb. 4, the XRP Ledger (XRPL) activated the highly anticipated Permissioned Domains with 91% validator approval. At first glance, the approval appears contradictory, as it involves a public blockchain hosting “permissioned” zones. However, a deeper look at the mechanics shows how the upgrade operates. Permissioned Domains introduces an on-ledger access-control object that enables other […]
The post Ripple prepares to dominate the $24 billion RWA market by integrating controversial new permissioned layer appeared first on CryptoSlate.
China seeks to make the renminbi a true reserve currency, but the numbers reveal a story in which Beijing's capital controls create conditions for Bitcoin and dollar stablecoins to thrive as workarounds rather than competitors. The International Monetary Fund's latest reserve data shows the renminbi holding just 1.93% of global foreign exchange reserves in the […]
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Ripple secured full Luxembourg EMI approval on Feb. 2, finalizing a licensing process that began with preliminary authorization last month.
Ethereum (ETH) announced ERC-8004 is heading to mainnet, positioning the network as a neutral infrastructure for a problem the AI industry can't yet solve: how agents prove they're trustworthy when no single platform controls the reputation layer. The timing reveals the underlying tension, as AI agents are moving from demos into production systems that trigger […]
The post Ethereum aims to stop rogue AI agents from stealing trust with new ERC-8004 – but will it? appeared first on CryptoSlate.
Four in 10 surveyed merchants already accept crypto at checkout, with roughly three-quarters reporting an increase in crypto sales last year.
While stablecoins settled around $35 trillion last year, only around 1% of that represented genuine payments like remittances and payroll, a new report found.
The Butterfly app goes live in partnership with Crypto.com, Moonpay and Blockdaemon.
Bermuda wants to become the world's first “fully on-chain national economy.” The announcement, delivered jointly by the island's government, Circle, and Coinbase on Jan. 19, frames the initiative as the deployment of digital asset infrastructure across government agencies, local banks, insurers, small businesses, and consumers, with USDC positioned as the primary payment rail. The pitch: […]
The post One country is moving its economy “fully on-chain” with USDC, but the data reveals a massive hidden catch appeared first on CryptoSlate.
Etherfi dominates the crypto card space, accounting for roughly half of all transactions, though the landscape includes multiple providers.
Ripple has secured a critical regulatory foothold in the European Union, marking the firm's second major licensing victory in less than a week. On Jan. 14, the crypto-focused payment company announced it received preliminary approval from Luxembourg’s regulator, the Commission de Surveillance du Secteur Financier (CSSF), for an Electronic Money Institution (EMI) licence. While the […]
The post Ripple’s massive license victory hides a structural shift that could actually divert volume away from XRP appeared first on CryptoSlate.
LSEG launched its Digital Settlement House enabling 24/7 settlement of tokenized commercial bank deposits across currencies and networks.
Users can spend stablecoins and major cryptocurrencies which are automatically converted into Peruvian soles at the point of sale.
Oobit's DePay solution will enable Phantom users to make one-tap payments from their non-custodial wallets using Visa rails.
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.
The move comes as crypto projects increasingly position themselves as offering payment platforms that resemble traditional digital banks, but operate on blockchain rails.
Ripple has secured approval from the UK’s top financial regulator, clearing the way for an expansion of its platform in the country.
Four XRP spot ETFs now trade in the US, with combined assets of $941.7 million as of Dec. 18. Grayscale's GXRP holds $148.1 million, Canary Capital's XRPC $373.6 million, Franklin Templeton's XRPZ $189 million, and Bitwise's XRP ETF $215.6 million. That stack grew from roughly $336 million at launch in November to current levels in […]
The post XRP ETFs are booming, but a quiet $15 billion payment layer matters more than the price appeared first on CryptoSlate.
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.
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.