Cross-border Payments

Stripe has bought Privy to integrate its crypto wallet technology into Stripe’s payment services. The deal aims to make Web3 payments smoother for developers and businesses by reducing friction in wallet setup and transactions.

Uber’s CEO Dara Khosrowshahi said the company is exploring stablecoins to make international money transfers cheaper and easier. Although still in early research with no set plans, Uber sees stablecoins as a practical option for its global payments.

Cryptocurrency wallet firm Tangem is collaborating with Visa to bring self-custody and mainstream payments together.

The Monetary Authorities of Singapore is trying to kill of the presence of crypto providers in Singapore with its latest regulations, citing money laundering and terrorism financing risks.

Google seems to be discretly branding Ripple’s XRP as a top contender for the role of a global bridge currency, fueling excitement among both crypto enthusiasts and traditional finance professionals.

StraitsX has partnered with Ripple to launch its Singapore dollar-backed stablecoin XSGD on the XRP Ledger, improving speed and lowering costs for digital payments. This partnership supports cross-border transactions and expands access to regulated stablecoins in Asia.

Ripple partnered with UAE’s Zand Bank and Mamo to use its blockchain payment system. This will help both firms speed up and simplify cross-border and local money transfers.

A U.S. court has ruled that Apple must allow apps to include links to external payment methods, ending its 30% commission model. This decision, which benefits developers and users, comes after a legal battle with Epic Games and could reshape digital commerce on mobile.

As global monetary tensions escalate and the US-China trade rivalry intensifies, Beijing is making a bold move to disrupt the dollar’s supremacy by launching its own international payment system, aiming to redefine global financial flows and accelerate the rise of a multipolar economic order.

USDC is now the default currency on Binance Pay, making it easier for users to send and receive money instantly with zero gas fees. This update simplifies payments for both individuals and businesses, offering fast, low-cost transactions using a stable digital dollar.delays or extra costs.