Payments
Payments

Kraken parent Payward to buy Reap in $600M stablecoin payments push

Kraken parent Payward agreed to buy Hong Kong-based Reap for up to $600 million, adding card issuance and stablecoin payment capabilities to its new B2B…
Infrastructure

Polygon reduces block time to 1.75 seconds as payments push accelerates

Polygon delivered its first block time reduction upgrade since genesis, as the network seeks to position for more high-frequency applications such as private stablecoin payments.…
Infrastructure

Kraken Parent Acquires Asian Stablecoin Firm Reap for $600 Million: Bloomberg

The deal marks Kraken’s largest acquisition as it pushes into Asian cross-border payments through stablecoin infrastructure. Read Full Story at Decrypt.co →
Infrastructure

Ondo, JPMorgan, Mastercard and Ripple Complete First Cross-Border Tokenized Treasury Settlement on XRP Ledger

Four financial heavyweights settled tokenized U.S. Treasuries across borders and banks in under five seconds, connecting the XRP Ledger to JPMorgan’s correspondent banking network. The…
Institutional

Ripple, JPMorgan settle first cross-border tokenized Treasury redemption on XRP Ledger

The pilot, run with Ondo Finance and Mastercard, processed the redemption of Ondo’s OUSG tokenized Treasury fund in under five seconds. Read Full Story at…
Infrastructure

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

The cross-border tokenized US Treasury transaction using blockchain and banking rails builds on an earlier pilot in which the same fund moved between a public…
Payments

Bermuda pushes stablecoin payments with USDC airdrop as it courts crypto firms, regulators

Premier David Burt said Bermuda’s “onchain economy” plan aims to bring stablecoins into everyday commerce. Read Full Story at Coindesk.com →
Payments

Boltz Launches Non-Custodial USDC Swaps, Bridging Bitcoin Directly to Circle’s Regulated Dollar

Bitcoin Magazine Boltz Launches Non-Custodial USDC Swaps, Bridging Bitcoin Directly to Circle’s Regulated Dollar Boltz today enabled trustless Bitcoin-to-USDC swaps using Circle’s CCTP, allowing instant…
Payments

Reform UK’s Farage Claims 'No Obligation' to Declare Tether Billionaire's $6.7M Gift

Farage insisted that the gift from Christopher Harborne was for his personal security and had been reviewed “from every legal angle.” Read Full Story at…
Payments

Banking lobby attempts to kill Clarity Act’s stablecoin progress as markup is scheduled for next week

US banks are mounting an aggressive lobbying effort to stall the CLARITY Act, even as key US lawmakers signal a fast-tracked timeline to put the…