payment infrastructure
Coverage of payment infrastructure in the Nexus archive.
- Bank of Italy finds no consistent cost advantage for stablecoin remittances
The Bank of Italy found no consistent cost advantage for stablecoin remittances, as fiat conversion costs and payment infrastructure primarily influenced cost and settlement time differences rather than blockchain fees.
- XDC AI and the Rise of Agentic Finance: When AI Agents Learn to Pay
XDC AI and Agentic Finance are emerging as AI agents transition from providing financial advice to executing transactions. A new payment infrastructure is being developed to support this shift, indicating rapid advancements in AI-driven financial systems.
- The CEO of the company that issues USDC just said China will probably launch a yuan stablecoin within five years.
Circle CEO Jeremy Allaire predicts China will likely launch a yuan-backed stablecoin within five years, framing currency competition as a technology-driven race. He highlights that while the U.S. dollar dominates the $315 billion stablecoin market, China's challenge lies in overcoming capital controls to enable a fully convertible yuan stablecoin. The article emphasizes that the next phase of competition may hinge on neutral payment infrastructure rather than stablecoin adoption itself.
- The CEO of the company that issues USDC just said China will probably launch a yuan stablecoin within five years. He said it in Hong Kong. The irony was not acknowledged.
Circle CEO Jeremy Allaire predicts China will launch a yuan-backed stablecoin within five years, framing currency competition as a technology-driven race. He highlights that while the U.S. dollar dominates the $315 billion stablecoin market, the next phase will hinge on payment infrastructure rather than stablecoin adoption itself.