Payments

Stablecoins have emerged as crypto’s killer app, and the data shows that they still have room to run

The deal is one of the crypto sector’s recent, notable acquisitions involving crypto payments

The app was conceived as a global equivalent to Venmo that uses the Solana network and Paxos’ USDP stablecoin

Blue Sheets Simple-Earn offers a new route to fixed-rate lending on EVM chains

Architect Partners’ Eric Risley tells Blockworks this deal is “the most important M&A transaction to date for our industry”

Customers can pay merchants in USDC or USDP on Ethereum, Solana, and Polygon, while US-based merchants are paid in dollars

Plus, the SEC’s decision to amend its complaint against Binance, dropping allegations that SOL is a security

This week’s biggest funding round saw Jump Trading, JPMorgan contribute to the round

Experiment involving Visa, Mastercard, JPMorgan and Citibank set to highlight tokenization benefits via shared ledger tech

The exchange said Monday it would start accepting bitcoin and ether ETN proposals on April 8 after the UK’s Financial Conduct Authority updated its stance on such securities

Blockworks spoke with Maxi Raimondi, chief financial officer at one of Argentina’s leading crypto exchanges

URamp enters the existing ecosystem of products from players like Mastercard, Cross Finance and Beam, which all connect on-chain finance to traditional banking

The FCA said Monday it would not object to such products being offered to professional investors
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