News
Speculative activity remains closely tied to global funding rates, highlighting crypto’s growing “interconnectedness” with traditional finance, a BIS report claimed.
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Payments News
Broadly speaking, payments are compensation for goods or services. A person can pay with cash, gold or any number of other things, depending on what the receiving party allows. Fiat money is most commonly used for payments, although crypto payments have become more common over the years. A number of services and platforms facilitate the ability to make a payment in Bitcoin (BTC) and other cryptocurrencies. Payment gateways have increased the ability to use Bitcoin in business, even for entities that are not directly in the blockchain business.
Cryptocurrency has gained significant adoption over time, with mainstream payments players also becoming involved with the asset class. Additionally, a person can pay with Bitcoin directly in a peer-to-peer fashion.
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RedotPay’s crypto cards are now live in South Korea, challenging the country’s traditional payment networks with real-time stablecoin transactions.
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Visa invests in London-based stablecoin payment startup BVNK through its Visa Ventures arm, marking another step in its growing involvement in crypto.
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Bhutan’s tourism department and Binance said the new venture is the “world’s first national-level crypto tourism payment system.”
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The x402 protocol could transform AI agents from tools that require constant human interaction into autonomous economic actors.
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Mercuryo CEO Petr Kozyakov told Cointelegraph that with crypto salaries becoming a growing trend, there’s an increasing need for ways to spend crypto.
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Tether AI’s crypto payment support will be enabled via a newly launched wallet development kit that enables self-custodial wallets for Bitcoin and Tether's USDt.
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Cannes, the French city famous for hosting the Cannes Film Festival, is said to be a top tourist destination for festivals and events.
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Circle’s refund protocol enables secure, programmable refunds in stablecoin transactions without giving full control to arbiters.
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The USDC issuer expands further into Africa, joining forces with Onafriq to pilot stablecoin settlements across 40 countries and 200 million bank accounts.
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If it gets the nod from United Arab Emirates regulators, the dirham-pegged and central bank-regulated stablecoin will operate on the ADI blockchain.
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Mastercard also partnered with OKX for a crypto-enabled bank card, which Mastercard product chief, Jorn Lambert, said creates a “360-degree approach” to stablecoins.
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The new card will be backed by Mastercard, but faces steep competition from similar products offered by centralized exchanges.
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According to Ava Labs' Morgan Krupetsky, Axiym abstracts the blockchain layer, allowing users to interact with the platform much like they would with a traditional financial service.
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This episode of the Clear Crypto Podcast breaks down how social payments and crypto giveaways on X can make blockchain-based transactions fast, fun and finally mainstream.
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