Tokyo-based game developer Gumi Inc. is stepping deeper into digital assets with plans to acquire 2.5 billion yen (equivalent to $17 million) worth of XRP, according to an Aug. 29 announcement. The purchase will be spread across five months from September 2025 through February 2026. According to the firm, the move is designed to give Gumi […]
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Circle and financial software giant Finastra announced Wednesday a partnership to integrate USDC stablecoin settlement into the backbone of global banking infrastructure, a move aimed at modernizing cross-border payments long plagued by high costs and delays. The collaboration will connect Finastra’s Global PAYplus (GPP) platform, which processes more than $5 trillion in daily cross-border transactions, […]
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Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Crypto payments are having a moment. From Circle’s billion-dollar IPO to the GENIUS Act clearing a path for stablecoin regulation, the tailwinds are blowing […]
The post Beyond the hype: why crypto payments are still stuck in beta appeared first on CryptoSlate.
Federal Reserve officials focused significantly on stablecoins during their July 29-30 meeting, analyzing potential impacts on the financial system following the passage of the GENIUS Act. In the minutes released on Aug. 20, the members of the Federal Open Market Committee (FOMC) mentioned the digital tokens multiple times. Stablecoins discussed extensively The officials mentioned “payment […]
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Federal Reserve Governor Christopher Waller declared that “there is nothing scary” about DeFi simply because it operates outside traditional banking infrastructure. Speaking at Wyoming Blockchain Symposium 2025, Waller framed blockchain-based transactions as a natural technological evolution rather than disruptive threats. He compared DeFi operations to conventional purchases, noting that buying crypto with stablecoins through smart […]
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Bangkok’s push to revive tourism now includes an e-money wallet for foreign visitors, with a crypto conversion feature still under regulatory review.
Digital Asset and a consortium of major financial institutions have completed an on-chain U.S. Treasury repo transaction on the Canton Network, involving USDC as the cash leg and tokenized Treasuries as collateral. The trade, executed on Tradeweb during the weekend, is being positioned as an industry first for enabling atomic settlement of both legs entirely […]
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Ukraine’s central bank said it remains prepared to move forward with crypto legalization while reaffirming that virtual assets will not be recognized as legal tender, per RBC Ukraine. National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said on August 8 that “virtual assets cannot be a means of payment in Ukraine” and described this restriction […]
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Bitcoin’s Lightning Network capacity has declined from over 5,400 BTC in late 2023 to around 4,200 BTC by August 2025, a roughly 20% drop, per mempool.space data. While the raw figures imply a contraction, analysts and developers suggest the shift reflects structural evolution in routing and protocol design rather than a retreat in adoption. Lightning […]
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The platform addresses gaps left following the collapse of Signature and Silvergate banks during Operation Choke Point 2.0.
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 […]
The post Ripple expands RLUSD globally as US Fedwire shift and EU MiCA compliance align appeared first on CryptoSlate.
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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