Payments
“The goal with Universal is to make everything that we consider to be a crypto asset tradable with very deep liquidity on crypto rails,” Universal’s Austin Diamond explained to Blockworks
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
PayPal has unequivocally made a name for itself as a crypto adopter among fintech giants
This week’s biggest funding round saw Jump Trading, JPMorgan contribute to the round
Cudis be the future of health?
Plus, Sanctum’s upcoming airdrop for its new CLOUD token
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
Get the daily newsletter that helps thousands of investors understand the markets.