Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments. Source：CoinDesk
Binance opens crypto trading to AI agents with user-set controls
Binance’s Agent OS lets AI agents access market data, execute trades and make payments while giving users control over permissions and account access.…
StanChart, HSBC execute first live transaction on Swift blockchain ledger
The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 crossborder payments.…
US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs
The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution…
TikTok code includes peer-to-peer payments over messaging: Bloomberg
The feature, which follows earlier moves into financial transactions, is not yet being tested anywhere, a spokesperson said. Source：CoinDesk
MoonPay adds Cash App Pay for crypto purchases by US customers
Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business. Source：Cointelegraph
XRP slips below $1 even as a Korean regional bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 crossborder payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD…
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its crossborder payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.…
RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg
A spokesperson for the stablecoin payments company declined to comment on any IPO plans. Source：CoinDesk
Crypto payments barely register among euro area merchants, ECB finds
Crypto acceptance was just 0.2% online and remained below 1% at physical points of sale, while mobile payments gained ground. Source：Cointelegraph
Bank of England tests stablecoin, digital pound interoperability in cross-border payments
The Digital Pound Lab is testing a crossborder trade finance flow combining stablecoin payments with simulated digital pound settlement. Source：Cointelegraph
America doesn’t need a second-class payments system
If an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital's…