Polygon Labs acquired Coinme and Sequence for over US$250 million to construct the “Open Cash Stack,” a unified framework for international stablecoin funds. The deal integrates Coinme’s US money-transmitter licenses and 50,000 retail places with Sequence’s smart-wallet tech to simplify cross-chain transactions. Polygon goals to turn out to be aContinue Reading
The Digital Asset PARITY Act introduces a $200 capital beneficial properties tax exemption for purchases made with regulated US greenback stablecoins beginning after 2025. Taxpayers might select to defer earnings taxes on crypto staking and mining rewards for as much as 5 years to keep away from being taxed onContinue Reading
JPMorgan rejects trillion-dollar stablecoin forecasts, projecting a US$500–600bn market by 2028 aligned with crypto progress. Most stablecoin enlargement stays pushed by crypto buying and selling, notably derivatives and DeFi exercise. Funds progress alone is unlikely to push provide greater resulting from competitors from tokenised deposits and CBDCs. JPMorgan has reiteratedContinue Reading
SBI Ripple Asia and Doppler Finance have signed an MOU to develop institutional-grade yield infrastructure and real-world asset (RWA) tokenisation natively on the XRP Ledger. The partnership goals to remodel XRP from a payment-centric token right into a productive, yield-bearing asset through the use of Doppler’s on-chain framework and SBI’sContinue Reading
Loop Crypto and Lead Financial institution are forming a partnership based mostly on the shared imaginative and prescient that stablecoins will quickly dominate world funds. The collaboration goals to supply a sooner, cheaper, and safer fee infrastructure than conventional banking flows by combining Loop’s crypto processing tech with Lead FinancialContinue Reading
Ripple Labs has formally secured approval from the Financial Authority of Singapore (MAS) to develop the scope of fee actions below its Main Fee Establishment license. This enables the corporate to supply a wider vary of regulated crypto-enabled fee providers. President Monica Lengthy mentioned the transfer reinforces Ripple’s regulation-first techniqueContinue Reading
Block initiatives mid-teens annual gross revenue progress to succeed in US$15.8 billion (AU$24.3B) and adjusted working revenue of US$4.6B (AU$7.1B) by 2028. The corporate expanded its inventory buyback programme by US$5 billion (AU$7.7B), including to US$1.1B (AU$1.7B) remaining, boosting investor confidence. Money App and Sq. developments, together with elevated BorrowContinue Reading
The OCC has allowed US nationwide banks to carry native crypto-assets to pay blockchain community fuel charges as a part of permissible banking operations. Banks might retain crypto for each transactional use and inside testing, enabling them to run custody platforms easily with out third-party intermediaries. Beneath the GENIUS Act,Continue Reading
Money App will introduce stablecoin transfers subsequent 12 months utilizing Solana first, regardless of Jack Dorsey’s status as a robust Bitcoin supporter. Solana will deal with USDC funds, whereas Money App concurrently expands its Bitcoin options, together with Lightning assist and merchant-mapping instruments. Analysts say the Solana integration might increaseContinue Reading
Visa launched a pilot permitting companies to ship USDC payouts on to recipients’ wallets by way of Visa Direct, funded in fiat. The programme targets freelancers and creators searching for quicker, borderless funds, supported by Visa’s 2025 Creator Financial system Report. The initiative builds on Visa’s September pre-funding pilot andContinue Reading
