Meta has begun compensating content creators with USDC stablecoin in Colombia and the Philippines, aiming to expand to over 160 countries by late 2026. Creators must set up crypto wallets and handle currency conversion themselves, which adds complexity and costs compared to traditional payment methods. Meanwhile, Visa and Mastercard are integrating stablecoins behind the scenes to simplify user experience. This move highlights growing corporate adoption of stablecoins amid rising transaction volumes and increasing regulatory scrutiny, including questions from U.S. Senator Elizabeth Warren about transparency and financial risks.
PayPal's board has reportedly rejected an offer valuing the company at $60.50 per share, considering it inadequate. This comes as PayPal's stock currently trades at around $56 per share. The board's stance suggests they believe the company's value is...
U.S. spot Bitcoin ETFs have grown to about $180 billion in assets by 2026, with holdings peaking near 1.38 million BTC and stabilizing around 1.2 million BTC despite Bitcoin trading between $115,000 and $125,000. These ETFs have enabled Wall Street i...
Zcash (ZEC) surged 37% after deploying the Ironwood upgrade to testnet on July 2, briefly surpassing the $500 resistance level. However, the rally lost momentum, and ZEC has since fallen 13.6% over the past week, dropping back below $500. Technical i...
XRP is trading around $1.10 despite Ripple's ongoing expansion of its RLUSD stablecoin infrastructure and new institutional partnerships. The token's price remains range-bound as traders await regulatory clarity, particularly the potential impact of ...
Solana's price stabilizes around $74 amid declining decentralized exchange trading but rising stablecoin payments and tokenized asset volumes. The network sees growing adoption in consumer payments and institutional access, with Solana-based stableco...
