Crypto Payments

An analysis by the ECB found that crypto acceptance among euro area merchants is low, registering at only 0.2% online and remaining below 1% at physical points of sale. The report noted, however, that mobile payments are successfully gaining ground.

The CEO of Fun states that the future of crypto payments will not require on-ramps or bridges. The statement challenges current infrastructure dependencies in cryptocurrency transactions.

Pakistan’s virtual-assets regulator called for continued dialogue on digital assets after meeting an Islamic scholar who supported a ruling against purchases made with crypto.

Swyftx has secured an Australian license to offer payment services and plans to expand into crypto payments. The company's interim co-CEO Andrea Yuen stated it will 'not be a pure crypto spot exchange in future.'

Dash is evaluating the Philippines for a potential expansion of crypto payments as regulators work to simplify business registration. However, industry participants caution that achieving compliant market entry could require several years.

Solana and Google Cloud are partnering to bring crypto payments to AI APIs, enhancing the payment capabilities of artificial intelligence services. This collaboration aims to expand the reach of cryptocurrency payments within the tech industry. The partnership is expected to facilitate more efficient and secure transactions.

Bybit Pay has expanded into South Africa through an integration with MoneyBadger, enabling cryptocurrency payments at over 650,000 merchants. Transactions are settled in South African rand for businesses.

Coinbase's Jesse Pollak predicts AI agents will drive the next major wave in crypto payments, highlighting their potential to transform transaction processes and user experiences in the digital currency sector.

DoorDash is introducing stablecoin payouts via Tempo's network to promote everyday crypto payments. Stripe, Coastal Bank, and ARQ are also implementing stablecoin payment systems on the same platform.