Digital Asset lands $355M as a16z doubles down on Wall Street blockchain rails
[Update June 11, 1:50 pm UTC. Adds commentary from Yuval Rooz, cofounder and chief executive of Digital Asset, in the fourth and fifth paragraph] Digital...
Tag : rails
Movement expands stablecoin payments push with access to US, Canada, EU rails
Movement, the Move-based blockchain network that has expanded into stablecoin payments and financial infrastructure, said it has gained access to licensed payment rails across the...
Coinbase Launches Direct Indian Rupee Deposit and Withdrawal Rails
In brief Coinbase has launched direct Indian rupee deposit and withdrawal rails through India’s Immediate Payment Service. The exchange has established dedicated INR order books...
Coinbase launches rupee bank rails in India after FIU nod
Coinbase has enabled direct rupee bank rails in India, making it easier for local customers to move money between bank accounts and crypto markets on...
Coinbase and Standard Chartered widen global crypto funding rails
Coinbase has expanded its partnership with Standard Chartered to give institutional clients broader fiat funding access across global markets. Summary Coinbase added multi-currency rails with...
Crypto rails power AI agent payments with $73M settled
Artificial intelligence agents have moved from test use to live payments, according to a new Keyrock report written by Ben Harvey in collaboration with Coinbase,...
XRP New Addresses, Active Supply Plunge Amid Shift to ‘Institutional Rails’
In brief New daily XRP addresses fell 85% from 18,000 in December 2024 to 5,020, with monthly active supply down 73% over the same period....
Brazil bars crypto settlement in regulated cross-border payment rails
Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules...
Stablecoin rails slow 19%, but dollar tokens quietly keep compounding
Stablecoin transfer volume fell 19.18% to $831B in 30 days, yet market cap and holders rose as USDT, USDC, and DAI added billions while Ethena’s...
DoorDash Is Now Paying Drivers and Merchants Using Stablecoin Rails in Over 40 Countries
DoorDash has begun building stablecoin payment infrastructure on Tempo, the Layer-1 blockchain incubated by Stripe and Paradigm, to pay delivery workers and merchants across more...