Businesses hate slow and expensive international payments. But traditionally, firms haven’t had much choice but to accept the status quo of correspondent banks and their corresponding fees. Stablecoins, digital assets tied to real-world money like the U.S. dollar, potentially promise to change that — as...
The crypto industry wanted Donald Trump to become America’s 47th president, and they spent big to make it happen. Around 48% of all corporate money contributed to the 2024 election cycle came from crypto firms, and the 2024 elections saw 250 “pro crypto” members of...
The current moment couldn’t be more archetypically “crypto” if it tried. The industry, coming off a period of four years during which many crypto firms felt unfairly targeted by regulatory bodies like the U.S. Securities and Exchange Commission (SEC), now finds itself sitting at the...
As of Monday (Jan. 20), the United States has a new president, while the cryptocurrency world has a new crypto billionaire. The kicker? They’re the same person: Donald Trump. As the United States prepares for President-elect Trump’s second inauguration on Monday, a new twist has...
February 11, 2025
At a subcommittee hearing on the current state and future potential of digital assets, lawmakers and witnesses from the crypto and payments spheres — including PayPal — cautioned against a policy of what was repeatedly referred to as regulation by enforcement. And, they said, for the right safeguards to be put in place, along with […]
December 23, 2024
For once in its recent history, the cryptocurrency sector is likely ending the year on a high. Bitcoin, despite dropping below the $100,000 mark as of reporting, is up over...
August 12, 2024
Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers Bank, one of the only...
May 26, 2023
While crypto’s future in the U.S. remains as shrouded as ever, it’s a different story elsewhere. “The world is truly fragmented now, you hear a different story [everywhere],” Dr. Yan Zhang, co-founder of Web3-native...
January 07, 2025
Ripple says it has begun leveraging the Chainlink standard, a move designed to provide “high-quality pricing data” around its Ripple USD (RLUSD) stablecoin. “By adopting the Chainlink standard for verifiable data on the Ethereum blockchain, Ripple is enhancing the utility of RLUSD across the onchain economy,” the company said in a news release Tuesday (Jan. […]
December 27, 2024
Stablecoin issuer Tether has made a novel venture capital fund investment into an Arcanum Capital fund dedicated to supporting decentralized technologies. Tether’s support of the Arcanum Emerging Technologies Fund II aims to...
December 02, 2024
Digital assets solutions provider BitGo has debuted a dedicated retail platform. The new platform, announced Monday (Dec. 2), is designed to offer retail customers access to BitGo’s digital asset trading,...
September 26, 2024
Worldpay is reportedly in talks with blockchains about becoming a validator and verifying blockchain transactions. The payments provider aims to do so to better understand how digital ledgers operate and...
