Key Takeaways: Moonpay acquired Israeli firm Sodot for $100 million in an all-stock deal closed in April 2026. Moonpay Institutional launched to provide regulated DeFi and stablecoin access to global asset managers. Former CFTC official Caroline Pham will lead the new unit to capture growing institutional crypto demand. Caroline Pham Leads Moonpay Institutional Move Into…
The world’s second largest insurance broker is teaming up with the crypto exchange Coinbase and the Paypal USD (PYUSD) issuer Paxos to support stablecoin payments for insurance premiums. Aon plc says that it successfully demonstrated a proof of concept for insurance premium payment using dollar-backed stablecoins. The firm says it worked with Coinbase and Paxos…
Polygon Labs says it has signed definitive agreements to acquire a pair of US-regulated crypto payments firms. Polygon says it’s buying the digital asset payments platform Coinme and wallet infrastructure provider Sequence for more than $250 million. The deal aims to build the Polygon Open Money Stack to enable compliant stablecoin payments at global scale….
MoonPay has launched MoonPay Commerce, a unified crypto payments platform built on technology from its acquisition of Helio, the company said in a press release Thursday. The rollout fully brings Helio’s checkout tools under the MoonPay brand, offering merchants, creators and developers a faster and simpler way to accept crypto payments globally, the firm said….
Crypto exchange Kraken has launched Krak, a global money application designed to facilitate free local and international payments using both fiat currency and cryptocurrency. Zero-Fee Global Payments: Kraken Unveils Krak Money App The app aims to address persistent issues within traditional financial systems, which Kraken co-CEO Arjun Sethi described as slow, costly, and opaque. Kraken…
By Arjun Sethi, Kraken co-CEO With Krak, we’re taking a bold step toward rebuilding what we consider to be the most important layer of the global economy: How people move and use money. For as long as I can remember, moving money has felt broken. It’s one of those fundamental things you expect to work,…
Walmart, Amazon, and other massive global companies are reportedly looking into the benefits of having their own stablecoins. According to a new report by The Wall Street Journal, anonymous people familiar with the matter say that some of the world’s largest retailers are considering issuing their very own dollar-pegged crypto assets in the US in…
Meta is contacting infrastructure providers to explore the implementation of stablecoins with a payout use case in mind. The development would mark a new start for the company’s crypto plans after dropping the Libra project. Meta Reportedly Mulling Stablecoins for Small Payouts to Creators Meta, the social behemoth, is reportedly getting into the world of…
Payments Photo: Adobe Stock May 1, 2025 A grassroots campaign aimed to protest cashless society in Australia fell short. The campaign, called Cash Out Day, called on Australians to withdraw large sums of cash from banks, ATMs and retailers, according to a report by Yahoo! Finance. The point of the campaign, according to organizer Jason…
Payments The recent blackout in Spain and Portugal teaches us the importance of the essentials, such as cash. Photo: Adobe Stock April 29, 2025 by Galia Gomez — CEO, Serquo On April 28, 2025, Spain experienced the most severe power outage in its recent history. At 12:33 p.m., a sudden failure in the power grid…