Tether has minted over $20 billion worth of USDT since the start of 2025, pushing the stablecoin’s total circulation beyond $157 billion, according to its quarterly attestation report released on July 31. The company noted that over $13.4 billion in USDT was issued during the second quarter alone, reflecting strong demand for the dollar-pegged token […]
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The decentralized finance platform targets fintechs bridging fiat settlement gaps with short-term stablecoin credit.
Visa has added support for PayPal’s PYUSD, Paxos-issued USDG, Circle’s EURC, along with the Stellar and Avalanche blockchains.
PayPal has launched a new initiative, “Pay with Crypto,” aimed at streamlining global commerce and significantly reducing the cost of cross-border transactions, according to a July 28 statement. According to the company, the service offers merchants a 90% reduction in international transaction fees compared to traditional credit card processors. Pay with crypto This is made […]
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The move marks PayPal's latest expansion into the crypto industry and a notable internal deployment of its PYUSD stablecoin.
A coalition of crypto, fintech, and retail trade groups has urged President Donald Trump to take a firm stance in defending the nation’s open banking framework, warning that legal challenges by major banks threaten consumer data rights and could derail the administration’s innovation agenda. In a July 23 letter, the Financial Technology Association, Blockchain Association, […]
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Western Union CEO Devin McGranahan told Bloomberg that it is exploring ways to offer on-ramp and off-ramp stablecoin services.
PYUSD is going live on Arbitrum, according to an updated version of PayPal's cryptocurrency terms and conditions page.
Ripple is executing a sophisticated, multi-front global strategy yielding significant results and positioning the company for major infrastructure and market-share gains. Two critical developments across both sides of the Atlantic have powerfully demonstrated long-term strategic planning. In the United States, the Federal Reserve’s official adoption of the ISO 20022 messaging standard has validated Ripple’s multi-year […]
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Global commerce stack TradeOS becomes the latest participant of Cointelegraph Accelerator.
Circle's blockbuster IPO last month has brought crypto listings back into the spotlight, but the bigger question is what comes next.
Crypto.com has significantly expanded its presence in the United Arab Emirates (UAE), striking multiple high-impact partnerships across aviation, real estate, and public sector services. During the last three months, the crypto exchange has partnered with leading institutions, including Emirates Airlines, the Dubai Land Department, and the Dubai Department of Finance, positioning itself at the center […]
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The XRP Ledger (XRPL) is entering a new growth phase, combining its legacy as a fast and efficient payment network with growing traction in decentralized finance and tokenization. According to data from Dune Analytics, weekly payment transactions have grown by more than 430% in under two years to over 8 million this year. These payments […]
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Real-time payment rails and stablecoins belong together, said Ivy CEO Ferdinand Dabitz.
Users in the UK and EU will receive the Bitget Wallet card first, with later plans to launch in Latin America, Australia, and New Zealand.
The Bolivian central bank reported on June 27 that domestic crypto transactions totaled $430 million in the 12 months since regulators reopened formal payment rails, a 630% jump over the previous year. The Banco Central de Bolivia (BCB) reported that users processed 10,193 operations worth BOB 611 million as of May 31, 2025, approximately $88 […]
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The new feature enables faster, cheaper cross-border payments for merchants and shoppers, the company said.
Cryptocurrency exchange Kraken unveiled Krak, a new mobile payment app that allows users to send digital assets and fiat currencies to recipients in more than 110 countries. The app supports over 300 currencies and aims to usurp the dominance of established financial apps such as PayPal, Venmo, and Cash App. Developed to offer a faster […]
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The Krak app allows users to instantly transact across borders for almost no cost, while earning competitive rewards on their account balances.
Chainlink has announced a new partnership with Mastercard to make crypto purchases easier and more secure for mainstream users, according to a July 24 statement. The collaboration will allow over 3 billion Mastercard cardholders worldwide to buy digital assets directly on-chain using fiat. This marks a significant step forward in integrating traditional finance with blockchain […]
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Fiserv Inc., a major player in global payments and financial services, has unveiled plans to launch a USD-pegged stablecoin called FIUSD on the Solana blockchain, according to a June 23 statement. The Nasdaq-listed company stated that the stablecoin was built using infrastructure from Paxos and Circle. It is expected to go live by the end […]
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X (formerly known as Twitter) is ramping up efforts to integrate financial services directly into its ecosystem and moving beyond its roots in social networking, the Financial Times reported on June 19. According to the report, the social media giant is preparing to let users carry out a wide range of financial transactions within the […]
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Coinbase officially launched Coinbase Payments on June 18, a three-layer platform that enables commerce providers to add USDC checkout without running their blockchain infrastructure. The stack begins with Stablecoin Checkout, a wallet-native interface that supports hundreds of wallets, delivers gas-free transactions, and records payments in USDC. Beneath it, an E-commerce Engine exposes application programming interfaces […]
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Walmart and Amazon are preparing to launch their own stablecoins as the U.S. Senate advances landmark legislation that would establish a federal regulatory framework for privately issued digital dollars for the first time. The legislation, known as the GENIUS Act (S.394), has passed committee and cleared cloture, with a final Senate vote scheduled for June […]
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Shopify is rolling out support for USDC payments, allowing consumers to pay with stablecoins via Shopify Payments and Shop Pay. The feature, developed in partnership with Coinbase and launching on the exchange’s Base blockchain, is available in early access starting this week and will expand to more merchants over the coming months. New payment rails […]
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Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers. The exchange made the revelation during its annual State of Crypto Summit on June 12. Perpetual futures for US traders Max Branzburg, head of consumer and business products, said Coinbase will soon list perpetual futures contracts for domestic users under the Commodity […]
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A DTCC blog noted the "increasing use cases for stablecoins" including "corporate cross-border treasury management and payment systems."
Investor demand for Plasma’s upcoming XPL token continues to soar, with the stablecoin infrastructure platform now securing $1 billion in deposits to support the planned sale. Plasma confirmed that its revised $1 billion deposit cap was reached in under 30 minutes on June 12, doubling its initial $500 million target. The firm stated that 2,900 […]
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Ripple CEO Brad Garlinghouse believes XRP could soon take a meaningful slice of the global payments sector. In a recent video shared on X, Garlinghouse projected that XRP might capture as much as 14% of the volume currently processed through Society for Worldwide Interbank Financial Telecommunication (SWIFT) within the next five years. He argued that […]
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A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes. This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts. No Bitcoin reserve […]
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