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payments
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.

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.

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.

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.”

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.

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.

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.

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.

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..

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.
