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Crypto News Summary June 1
Crypto News Summary June 1: Cash App's fee-free USDC transfers to 59M users drove the top adoption story, while XRP and WLFI remained secondary themes.

Crypto News Summary May 31
Crypto news for May 31: Cash App opens fee-free USDC transfers to 59 million users as stablecoin adoption grows and the XRP case nears final paperwork.

RLUSD Moves $59M on XRP Ledger for $0.000188
Ripple's RLUSD settled $59 million on the XRP Ledger this week for just $0.000188, showcasing ultra-low fees and boosting XRP's payments narrative.

Visa Adds Base, Polygon as Stablecoin Volume Hits $7B
Visa added Base and Polygon to its stablecoin pilot as annualized settlement volume hit $7B, signaling growing real-world blockchain use.

Polygon Giugliano Upgrade Targets 7,000 TPS
Polygon Giugliano upgrade shows faster finality, better fee estimates and 2x to 3x more scaling headroom, with throughput now targeting 7,000+ TPS.

Visa Launches Global AI Shopping Infrastructure
Visa has launched its AI shopping infrastructure worldwide, letting AI agents securely search, compare and complete purchases via its payment network.

Solana Pushes Agentic Payments After Cryptic Post
Solana's cryptic SF billboard promotes "agentic payments," pitching the network as invisible plumbing for AI agents making fast, cheap transactions.

Avalanche Powers KB Kookmin Stablecoin Card
KB Kookmin Card, South Korea's largest card issuer, tapped Avalanche for a hybrid stablecoin card, testing regulated crypto payments.

Canton Rises as Visa Joins as Super Validator
Visa joined Canton Network as a super validator this week, boosting CC and reinforcing the RWA-focused layer 1's credibility with institutions.

Dogecoin Surges as Elon Musk Confirms X Money Launch Date in April
Dogecoin jumped 8% after Elon Musk confirmed X Money will launch in April, touting fiat-first P2P payments, bank links, Visa and a debit card for users.

Australia’s ASIC Fintech Chief Says Crypto Is Just Finance With New Plumbing
ASIC fintech chief Rhys Bollen says crypto is just finance with new plumbing, urging Australia to regulate by function using existing financial rules now.

Ripple to Buy Australia’s BC Payments, Targeting April Close for AFSL
Ripple plans to acquire Australia's BC Payments, targeting an April close to secure an AFSL and expand its regulated APAC payments network for institutions.

UK FCA Picks Revolut and Three Others for First Stablecoin Regulatory Sandbox Cohort
UK FCA selects Revolut and three firms for its first stablecoin regulatory sandbox, enabling supervised live tests and informing UK rules before rollout.