XRP Ledger is one vote away from starting its next big payments upgrade
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change.
Payments
Circle agrees to buy cross-border payments firm Tazapay for $400 million
The deal could grant Circle vital, regulated “last-mile” infrastructure, bridging the gap between stablecoins and traditional local banking systems.
Legacy crypto on-ramps and bridges will disappear as payments become invisible, Fun CEO says
While those applications have become increasingly visible, the infrastructure that enables deposits, withdrawals and settlement has largely remained behind the scenes. Fun is one of the companies building that infrastructure. The firm said it powers 100% of deposits and withdrawals on Polymarket and deposit flows… Read More
JPMorgan, Citi, UBS test tokenized cross-border payments in BIS pilot
Some of the world’s biggest banks have completed real cross-border payments using tokenized money in a test led by the Bank for International Settlements (BIS), another sign that tokenization is moving into the plumbing of global finance. Project Agorá, which brings together five central banks… Read More
Coinbase’s corporate customers can now accept payments from AI agents
“We are delivering that experience for the new online agentic economy,” Coelho-Prabhu said in an interview. “Agents, on one side of the transaction, will go and read the Coinbase developer docs, create a wallet for themselves, and are ready to shop. Then we empower businesses… Read More
Exodus (EXOD) to cut 25% of global workforce in payments shift
Crypto wallet firm Exodus Movement (EXOD) will cut about 25% of its global workforce as it reshapes its business around stablecoin payments and card infrastructure. The Omaha, Nebraska-based company said in a filing the layoffs are part of a broader effort to lower costs while… Read More