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Paxos Labs has embedded yield directly into Toku’s stablecoin payroll platform, giving workers in more than 100 countries a way to earn on their pay the moment it arrives, without giving up custody of their funds. Key Takeaways: Paxos Labs Amplify integrates with Toku, letting employees earn yield on USDC, USDT, and USDG the moment … Read more
U.S. lawmakers have introduced the PACE Act to modernize payment systems and reduce transaction costs. The bill could open federal payment rails to regulated nonbank providers, including crypto firms. Key Takeaways: U.S. Reps. Young Kim and Sam Liccardo introduced the PACE Act to modernize payments. Bill aims to open Fed systems like Fednow, cutting fees … Read more
Doordash is planning to give its delivery drivers the option to receive payments in stablecoins through Tempo, a payments-focused blockchain developed by Stripe and Paradigm. Key Takeaways: The Information reports Doordash plans to pay its Dasher drivers in stablecoins via the Tempo blockchain, built by Stripe and Paradigm. Tempo raised $500 million in October 2025 … Read more
Mike Belshe, CEO of Bitgo, one of the largest cryptocurrency custody providers, has proposed using a public blockchain to solve state and federal fraud. On social media, he stated that citizen monitoring alone would be enough to control the flow of these funds. Key takeaways: Bigo CEO Mike Belshe proposes using a blockchain to stop … Read more
The recent attacks on the Pix system by the U.S. government evolved into a situation that might tilt the balance toward any of the candidates before the upcoming election, with President Lula leading in prediction markets by a slim margin. Pix Gets Into Political Commentary In Brazil As Elections Loom Pix, one of the largest … Read more
The Linux Foundation has established the x402 Foundation to steward an open protocol for seamless payments over HTTP. The Linux Foundation announced the launch of the x402 Foundation on April 2, 2026, during the MCP Dev Summit North America in New York. The initiative involves the formal contribution of the x402 protocol from Coinbase to … Read more
The New York-based infrastructure firm OpenFX has secured $94 million in Series A funding to expand its real-time stablecoin settlement rails across global markets. OpenFX announced on March 31, 2026, that it raised $94 million in Series A funding led by investors including Accel, Atomico, and Pantera. Founded in 2024, the company utilizes stablecoins as … Read more
Flexa ends a seven-year crypto payments experiment, shutting down its SPEDN app while pivoting toward scalable infrastructure for merchants and partners, signaling a shift from consumer-facing pilots to broader digital asset integration across existing payment systems. Flexa SPEDN Shutdown Crypto Payments Pivot Strategy A digital payments company marked the end of a long-running crypto pilot … Read more
Ripple is advancing global payment efficiency through a partnership with Convera, aiming to accelerate cross-border transactions using stablecoin-backed settlement while reducing friction and preserving fiat-based enterprise workflows. Ripple Convera Partnership Targets Faster Global Payments Using Stablecoins Rising demand for efficient international settlements is accelerating the use of blockchain-based payment models. Ripple, a blockchain infrastructure provider, … Read more
Binance is accelerating crypto’s shift into everyday commerce as more than 21 million merchants adopt its payment system, highlighting growing real-world usage, seamless transactions, and expanding utility across global consumer and business activity. Binance Drives Global Crypto Payments as More Than 21M Merchants Join Digital payment adoption is accelerating across global commerce as crypto-based systems … Read more