Adoption
Lebanon Locals are turning to Bitcoin, Tether amidst an economic crisis
As Lebanon's economy struggles and people lose trust in banks, they are relying on Bitcoin and Tether to store funds and make payments.
Soumen Datta 3 min read Payments News
Get the latest crypto payments news, merchant adoption, payment rails, stablecoin transfers, and real-world transaction growth.
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Soumen Datta 3 min read 
Bear Market
Stripe lays off 14% of workforce to cut costs amid economic downturn
Stripe CEO Patrick Collison admitted that the leadership team made a "mistake" by being "too optimistic" about 2022 growth rates.
Payments
Bitcoin transaction worth $500M cost $0.80 in fees
A total of 24,529.85 BTC was sent on the Bitcoin network for a fee of just over 4,000 sats — or roughly $0.83.
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Exchanges
Google to integrate crypto payments with cloud services from 2023 via Coinbase partnership
As of press time, COIN shares were up 6% following the announcement of Google's intention to use Coinbase Prime to hold its crypto.
Payments
Ripple partners with Lemonway, Xbaht to bring ODL payments to Europe
Ripple's new partnerships will eliminate the need for Lemonway and Xbaht to pre-fund their accounts when making transactions abroad.
Partnerships
Visa, FTX team up to offer debit cards in 40 countries
The partnership will focus on emerging markets across Latin America, Asia, and Europe.
Payments
Saylor gives away BTC via lightning network
Saylor sent 3 million sats (0.03 BTC) to winners of his Lightning meme contest.
CBDCs
SWIFT shows CBDCs, tokenized assets can be integrated into global financial system
SWIFT Chief Innovation Officer Tom Zschach said that the innovation could help address CBDC's need for interoperability with the existing financial system.
Adoption
Crypto’s utility driving adoption in Sub-saharan Africa – Chainalysis
Sub-saharan Africa has the lowest crypto transfer volume but it has the highest number of small retail payments and use of P2P exchanges.
