payments


Finance

PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum

The token will be available first on PayPal and then on Venmo, and can be exchanged for U.S. dollars at any time.

(CoinDesk archives)

Finance

Coinbase, a16z-Backed 'Cash-Like' Crypto Wallet Beam Goes Live

Where most wallets require signing up, performing a degree of KYC checks, Beam users can send payments simply by using a link to a QR code. Thus it is aiming to create the closest possible equivalent to using crypto like cash.

Beam (PIxabay/GuentherDillingen)

Finance

Crypto Startup Ramp Network Starts Brazilian Unit as First Step in LatAm Expansion

Ramp said that it will look to link up with local payment networks, such as the widely used Pix in Brazil.

Bandera de Brasil. (Unsplash)

Finance

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

(Getty Images)

Finance

Telegram Merchants Gain Access to In-App Crypto Payments for First Time

Wallet, which is built on the TON blockchain, is allowing merchants to integrate cryptocurrency into the bots they use to accept payments in the messaging app.

Telegram app on smartphone (Shutterstock)

Finance

Developer Six Clovers Rolls Out Cross-Border Crypto Payments on Sui

The Versal Network will allow companies to transact in stablecoins and central bank digital currencies.

Payments network built on Sui (Steve Johnson/Unsplash)

Finance

Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution

The company plans to offer financial services that combine the potential of crypto with traditional financial services.

Roberto Dagnoni, CEO y presidente ejecutivo de 2TM Group, la empresa holding de Mercado Bitcoin. (2TM)

Finance

USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment

The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.

(Nikhilesh De/CoinDesk)

Finance

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

The company booked $50 million in bitcoin gross profit in the first quarter..

Block's Cash App (Shutterstock)

Finance

PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets

The feature will become available in May, PayPal's Jose Fernandez da Ponte said during a panel at Consensus 2023.

PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)