Payments
Mastercard’s MTN network is groundbreaking, but crypto connection is unclear
MTN will first be used with tokenized bank deposits even though it utilizes blockchain.
Mike Dalton 2 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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Banking
JP Morgan starts offering euro transfers with JPM Coin payment system
Siemens has carried out the first euro-denominated transfer using JP Morgan Chase blockchain-based payment system for EU payments.
Stablecoins
SAP opens testnet registration for cross border payments in stablecoins
SAP has opened a testnet of its USDC, EUROC stablecoin cross border settlement system.
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Stablecoins
NYAG releases documents detailing Tether’s exposure to Chinese securities in 2021
The NYAG released the documents under a Freedom of Information Law (FOIL) request made by CoinDesk after Tether dropped its opposition to the requests.
Adoption
Alchemy Pay teams up with Mastercard for ‘NFT Checkout’
The partnership will enable direct fiat payment for NFT purchases - improving convenience and NFT market accessibility.
Bankruptcy
Unbanked shuts down crypto services, says US regulations prevented fundraising
The card and trading service has urged users to withdraw all balances.
Adoption
Percentage of Americans holding, using crypto fell in 2022: Fed survey
The Fed concluded that use of crypto for transactions remained "very low" even among groups more likely to use them.
Adoption
Tether-KriptonMarket partnership allows small Argentinian businesses to accept USDT
Tether's partnership with KriptonMarket will also help small businesses pay their bills and part of their employee salaries in USDT.
Exchanges
Australia’s oldest bank bans payments to Binance
Westpac, one of Australia's big four banks, will block payments to crypto exchanges it deems as "high-risk" in order to reduce scam losses.
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Payments
PayPal subsidiary Venmo to introduce cryptocurrency transfers
Stablecoins
Marqeta’s Mastercard will power Australian prepaid crypto card from Stables
Banking
Federal Reserve says FedNow will go live in July
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