Pay – Dec LM

Bakkt Names Akshay Naheta as Co-CEO Amid Stablecoin Payments Push

Bakkt Holdings (BKKT) is bringing on Akshay Naheta as co-CEO and entering a strategic partnership with Naheta’s payments startup, Distributed Technologies Research (DTR), as the firm moves to unlock...

Digital Euro Needed to Counter Stablecoins, Non-European Big Tech, ECB Chief Economist Says

The chief economist at the European Central Bank (ECB), Philip Lane, said Europe needs a digital euro to counter the foothold that dollar-linked stablecoins and U.S. electronic payments systems...

Crypto Payments Firm Mesh Raises M as Stablecoin Adoption Soars

Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars

Crypto payments firm Mesh announced on Tuesday it has raised $82 million to expand its stablecoin-based payments settlement network globally. The series B round was led by Paradigm, with...

Blackbird, Blockchain Restaurant Loyalty App, Goes Live With Flynet Mainnet

Blackbird’s layer-3 mainnet, Flynet, is built on Coinbase’s Base chain. The team claims that building a layer-3 for its program benefits the restaurant industry because it eliminates middlemen and...

Figure Markets Offers SEC-Registered Yield-Bearing Stablecoin as Tokenized Asset Demand Soars

The YLDS stablecoin, backed by prime money market funds, offers daily interest and 24/7 peer-to-peer transfers.

Ransomware Payments Fell 35% in 2024 as More Victims Refuse to Pay: Chainalysis

According to the blockchain analytics firm, less than half of recorded ransomware attacks resulted in victim payments.

Circle Unveils Paymaster to Allow USDC to Be Used for Transaction Fees

The product allows users to interact with decentralized applications using USDC only, ditching the need for native tokens.

Kucoin Enables Crypto Point-of-Sale Payments by QR-Code

The crypto exchange joins a number of crypto payment providers enabling customers to hisse with crypto.

Revolut to Strengthen Crypto Fraud Protections With Added Security, Risk Scores

The Revolut Hisse enhanced due diligence API will be rolled out to crypto customers from start of 2025.

Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal

Detroit also asked crypto entrepreneurs to pitch their ideas for blockchain-based “civic applications” to the city’s Director of Entrepreneurship and Economic Opportunity, Justin Onwenu.