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Global payments giant Visa now supports direct stablecoin payouts, starting with Circle's USDC, through a new pilot designed to enable near-instant cross-border payments for creators, freelancers, and gig workers.The "breakthrough" pilot allows businesses and platforms in the U.S. using Visa Direct …
Bitcoin’s next chapter is unfolding, and Beyond is constructing a bridge that links BTC’s unmatched security and store-of-value status with the dynamic utility of modern blockchain ecosystems. This is a redefinition of BTC’s role in the global financial architecture, opening pathways for integration…
The Prop #302 Vote will let the dYdX community decide if support for the wethDYDX Smart Contract Bridge should continue for another year. If the proposal passes, it will be easier for users to move DYDX tokens across chains, which could bring in more users and holders. This could push the price high…
The Plasma Bridge, which makes it possible to move BONE tokens between Shibarium and Ethereum, is now back online. The new version of the bridge offers a higher level of security and greater loss prevention, according to the announcement. It has already undergone multi-layer testing. Main improvemen…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Friday! Is it so over again already? Bitcoin slumped below $118,000 again this morning, souring sentiment during a month that historically returns its best gains. Nevertheless, analys…
Crypto wallet MetaMask's new mUSD stablecoin went live on Monday, according to a post to social media.The company said last month that mUSD will be issued by Bridge, a Stripe-owned stablecoin issuance platform, and minted via M0’s decentralized infrastructure. The stablecoin is fully backed 1:1 by “…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Monday! Bitcoin wallets in the 100–1,000 BTC band are hitting multi-month accumulation highs, signaling buyer control beneath the surface. But analysts warn that a flow reversal or a …
Stablecoin issuers Paxos, Frax Finance, and Agora, along with a new team dubbed Native Markets, are jockeying to win the bid to issue Hyperliquid's upcoming USDH stablecoin, announced in a Friday Discord post from the trading firm. Hyperliquid said it's seeking to launch a "Hyperliquid-first, Hyperl…
Lead Bank, a Missouri-based lender focused on fintech and crypto companies, has raised $70 million in its Series B round, pushing its valuation to $1.47 billion.The bank announced Thursday that the latest round brought in new investors ICONIQ and Greycroft, alongside existing backers Andreessen Horo…
The debate over stablecoins versus bridge currencies is heating up. Industry experts are weighing in on how different crypto assets fit into cross-border payments, treasury management, and their effectiveness as an inflation hedge.Bill Morgan recently highlighted on X out that stablecoins like RLUSD…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Thursday, and welcome to The Daily. Kanye West launched a Solana-based token called “YZY” — it surged, then plunged nearly 70% in hours. MetaMask is entering the stablecoin arena, pre…
Core will be added to one of the top bridges in crypto. Bridges help move tokens between blockchains, bringing more use to the token and access from more users. This can make trading easier and can raise demand. Many times, when coins are added to new bridges, prices can go up as users become excite…