Latest News
Crypto News Summary May 13
Crypto news summary for May 13: Bitcoin held firm in a quiet session as Fidelity said a failed bearish setup turned bullish near key levels.
Crypto News Summary May 12
Crypto News Summary for May 12: Squads raised $18M to expand Altitude, its stablecoin payments platform for businesses, signaling infra focus.
Crypto News Summary May 11
Crypto News Summary for May 11: Squads raised $18M led by Solana Ventures to expand Altitude, a stablecoin platform for business payments.
OpenFX Raises $94M for Stablecoin Payments
OpenFX raised $94M in a Series A to expand stablecoin-powered cross-border payments, deepen liquidity, and grow in Southeast Asia and Latin America.
Stablecoin Payments Stack: Wallets, Rails, APIs
Stablecoin payments are becoming modular: merchants can plug in wallets, rails, APIs, ramps and compliance, if they reconcile on-chain receipts within 24h.
Bullish, TRON Expands AI Fund to $1 Billion
TronDAO raises its AI fund to $1B from $100M to invest in AI-agent infrastructure, wallets, payments, identity and data tools, on TRON for the agentic economy.
RedotPay’s $4B U.S. IPO Dream Wobbles as Top Executives Head for the Exit
RedotPay's $4B U.S. IPO push wobbles; reported Wednesday, it lost five senior execs in a year and has no CFO, raising governance fears ahead of a U.S. listing.
Mastercard Strikes Up to $1.8B Deal for BVNK to Scale Stablecoin Payments
Mastercard announced Tuesday it will acquire UK stablecoin payments firm BVNK for up to $1.8B, including $300M earnout, to link on-chain and fiat rails.
TRON Takes Governing Role in Linux Foundation’s Agentic AI, Targets AI-Agent Payment Rails With $20B/Day Stablecoins
TRON DAO took a Governing Board seat in Linux Foundation's Agentic AI Foundation last week, touting $20B/day stablecoins as AI-agent payment rails for AI commerce.
KAST Raises $80M at $600M Valuation to Scale Stablecoin Payments Globally
Stablecoin payments firm KAST raises $80M at $600M valuation, led by QED and Left Lane, to expand across Americas and Middle East and build compliant rails.
Aon pilots stablecoin insurance premium payments with USDC and PYUSD via Coinbase, Paxos
Aon completed a pilot paying insurance premiums with stablecoins, routing USDC on Ethereum and PYUSD on Solana via Coinbase and Paxos to speed settlement.
Tether leads $7.5M raise for Utexo to bring native USDT payments to Bitcoin
Tether led a $7.5M round for Utexo to enable native USDT payments on Bitcoin, boosting dollar-priced spending and reducing volatility at checkout.
Bermuda’s Fully Onchain Economy Pilot: Blockchain Rails Without Crypto Mandates
Bermuda pilots a fully onchain economy, blockchain rails without forcing crypto at checkout, backed by Circle and Coinbase, using licensed, supervised trials.
Barclays Reportedly Explores Blockchain Rails to Expand Crypto and Stablecoin Payments: Bloomberg
Bloomberg: Barclays weighs blockchain rails to modernize payments and deposits, expanding crypto and stablecoin services for faster settlement, less friction.
Tether Injects $200M Into Whop to Scale USDT Stablecoin Payments Across Online Marketplaces
Tether puts $200M into Whop to scale USDT payments on online marketplaces, bringing stablecoin checkout to digital goods and communities worldwide, faster.
Bloomberg: Coinbase’s USDC Revenue Could Jump 7x as Stablecoin Payments Scale
Bloomberg Intelligence says Coinbase's USDC revenue could rise up to 7x as stablecoin payments scale, boosting a stream that was 19% of 2025 total revenue.
Coinbase–Shopify Payments Protocol Logs Just $1.2M in USDC Volume Since June, growthepie Data Shows
growthepie data shows Coinbase-Shopify's Base-based USDC payments processed only $1.2M since June, averaging about $5K/day despite Stripe support.