World Liberty and Mesh Plan USD1 Merchant-Payments Rollout
World Liberty Financial and Mesh plan to add USD1 spending across Mesh’s merchant network this quarter, but named merchants and commercial terms remain undisclosed.
Category: Payments Infrastructure
Solana Releases DvP Program for Atomic Token Settlement
The Solana Foundation released an open-source delivery-versus-payment program that atomically exchanges tokenized assets and payment onchain.
Sphere-SVB Report Flags Stablecoin Dollarization Risks for Banks
A Sphere and Silicon Valley Bank report says dollar stablecoins can accelerate currency substitution, while BIS research identifies measurable FX and bank-funding implications.
zkAPI Brings Private, Prepaid API Payments to Ethereum Mainnet
The Ethereum Foundation and Open Anonymity have launched zkAPI on mainnet, separating prepaid ETH billing from metered API requests while retaining important privacy and deployment limits.
Block Joins x402, Contributes Lightning Payment Specification
Block has joined the x402 Foundation and backed a Bitcoin Lightning payment method, but the core public repository still shows implementation work in progress.
US $84.2M Seizure Tests EQIBank-Tether Payment Chain
A US civil forfeiture case involving Capstone, EQIBank and Tether highlights the risks hidden inside multi-tier stablecoin payment chains.
SoFi Activates SoFiUSD Settlement for Mastercard Card Program
SoFi has begun using SoFiUSD to settle debit and credit card obligations with Mastercard, moving a planned $25 billion-plus annualized program onchain.
Cross River to Power X Money Accounts, Cards and P2P Payments
Cross River will provide the regulated banking and payment infrastructure behind X Money, including interest-bearing accounts, a Visa debit card and peer-to-peer payments.
Circle Agrees $400 Million Tazapay Deal to Extend USDC Payment Reach
Circle has agreed to acquire Tazapay in an all-stock deal, adding local payout connections across more than 100 markets to its USDC payments strategy.
Circle Launches Arc Mainnet With USDC-Paid Network Fees
Circle’s Arc mainnet is live with network fees paid in USDC, more than 20 fiat stablecoins and interoperability with over 20 blockchains.
Stablecoin Growth Links Dollar Payments to Treasury Liquidity
A Bank of England policymaker says dollar stablecoins may widen access to dollar settlement while creating a two-way link with short-term Treasury markets.
Exodus Cuts 25% of Workforce as Payments Integration Reshapes Business
Exodus is reducing its global workforce while integrating Monavate and Baanx into a card-issuance and payments platform.