MoneyGram's CEO says blockchain works best when customers don't know it's there
In an interview with CoinDesk, MoneyGram CEO Anthony Soohoo said that their blockchain strategy has evolved from early experimentation into a broader effort to…
Exodus to cut 25% of staff in company reorganization
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a fullstack card…
Iren’s stock surges as the neocloud lands $2.8 billion worth of new deals
The AI infrastructure provider is easing anxiety over high datacenter buildout costs as it secures new customers and prepayments for chips. Source：MarketWatch
Exodus to cut 25% of global workforce in payments shift
This restructuring is part of a strategy to build a fullstack payments platform following the company's acquisitions of Monavate and Baanx. Source：CoinDesk
Russia’s parliament to hold final readings on crypto bill Tuesday
Russia’s State Duma is set to consider the crypto regulation bill in second and third readings, with rules for investors and crossborder payments included.…
Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments
The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first largescale corporate stablecoin rollout.…
South Korea eyes September launch for second phase of CBDC pilot: Report
The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits…
Japanese logistics company eyes JPYC stablecoin to pay drivers
The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly. Source：Cointelegraph
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Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
Washington views Brazil’s promotion of nondollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollarbased trade,…
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure…
Stablecoin growth will erode bank deposits, says ECB’s Cipollone
ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments. Source：Cointelegraph