💳 Traditional card payments: Settlement in 2–3 days. 2–3%... fee split between card network, issuing bank, acquiring bank, and PG — none of whom are the merchant. Merchant sees the money on Tuesday. ⚡ KONET stablecoin payments: Settlement at the moment of transaction. Near-zero network cost. On-chain receipt issued instantly. The technology isn't the hard part. The hard part is building compliant infrastructure that connects to existing merchant networks. That's what KONET is. Not a product. Infrastructure. 🏗️ #KONET #Web3 #PaymentInfrastructureshow more

💳 A transaction hash proves that value moved. But... commerce needs more. 🧾 📦 Order records. 🧾 Receipt data. 🔄 Refund status. 💰 Settlement history. ✅ Merchant verification. 🛠️ KONET is building toward a Proof-of-Commerce layer for on-chain payment infrastructure. Because payments need context. 🔍 #KONET #ProofOfCommerce #OnchainDatashow more

Stablecoin on-chain transfer volume crossed $33T last year. Many... people still associate stablecoins with crypto speculation. But a growing share is tied to real-world payments: → Cross-border B2B payments → Merchant payments & settlement → Faster global settlement → 24/7 transfers that don't stop for weekends or holidays The speculation narrative is old. The infrastructure narrative is just getting started. #KONETshow more

🚀 The next phase of Web3 adoption will be... driven by real utility. Not just transfers. Not just listings. Not just visibility. KONET is focused on building a commerce-oriented mainnet where payments, merchant activity, and business records can connect on-chain. 🧩 Payment records 🏪 Merchant activity 📦 Commerce data 🔐 Verification infrastructure A mainnet for commerce. A layer for real-world adoption. #KONET #Mainnet #RealWorldAdoption #ProofOfCommerceshow more

Korea's biggest bank just ran a won stablecoin end-to-end... KB Financial Group, parent of KB Kookmin, completed a proof of concept covering the full lifecycle of a won-denominated stablecoin, from issuance through offline payments, merchant settlement, and overseas remittance. The retail test ran at a Hollys coffee kiosk, keeping the normal checkout while moving back-end settlement to blockchain. A cross-border leg converted the won stablecoin to a dollar stablecoin via Kaia's on-chain liquidity, then paid out to a Vietnamese bank account in three minutes, down from days, cutting fees roughly 87% versus traditional rails. KB Kookmin is South Korea's largest bank, with about $266 billion in assets. It wants to launch the moment Korea's digital asset law lands.show more

Visa Opens a New Route For Onchain Lending Into... Payments Visa is connecting its VisaNet settlement data with blockchain based lending infrastructure. This would enable lenders to extend loans to finance payment obligations through VisaNet transaction data. The lenders can also analyze Visa settlement data along with on-chain data to evaluate the borrowers and funding requests. The company gave the example of Credit Coop, which has extended $2.5 billion worth of settlement volume since 2023. It is part of an ongoing effort by Visa’s stablecoin payment service, which is growing in its network of operations. There are now over 160 stablecoin linked card programs running on Visa, with their payment volume increasing by almost 200% YOY.show more

🚨 JUST IN: A Korean bank just dropped SWIFT... for #Ripple Payments. And the race wasn't even close. Same transfer, two rails: → The old rail: money hops bank to bank through the correspondent chain. Every hop adds a fee, a cutoff time and a day. Closed weekends. Arrives days later → #Ripple Payments: value moves in one straight line. Seconds to minutes, 24/7, visible end to end Jeonbuk Bank just became the first regional bank in Korea to make the switch, replacing multi-day SWIFT transfers for the businesses that feel it most: import-export firms, IT startups, content creators collecting global revenue. And it's #Ripple's THIRD major Korean institution this year: → Kyobo Life, Korea's largest life insurer: on-chain bond settlement → Kbank, Korea's first internet-only bank: custody infrastructure → Jeonbuk Bank: live cross-border payments SWIFT sends messages and the money crawls behind them. #Ripple moves the value itself. The message network had a 50-year head start. The settlement network is lapping it. Liked what you just read? Follow RippleXity and never miss the $XRP deep links others overlook.show more

Target locations are beginning to charge customers the “merchant... fee” on every item they purchase This is the cost of credit and debit card processing fees Big box retails like Target have paid these fees in the past but has decided to now pass the cost onto the customer There was a major legal change with the ‘2025 Visa Mastercard interchange fee antitrust settlement with merchants’ This settlement gave retailers more legal leeway to stop fully absorbing fees and start passing some costs to card users American keep getting robbed blindshow more

A traveler taps her card at a market thousands... of miles from home. The payment feels instant, simple, straightforward. It’s not. Behind that tap, money may need to move across currencies, banks, payment providers, and borders. Traditional systems often require companies to park funds in local accounts before they are needed, leaving capital stagnant for long periods of time where it’s not able to earn a return or be put to work. Members of the Avalanche Payments Collective are building a more efficient global payments model, one that keeps capital productive up until the moment it needs to move. Here are five members working across different parts of cross-border payments and treasury infrastructure: Axiym provides payment and treasury infrastructure that helps institutions route liquidity and settle transactions without pre-funding every market. Its technology supported Hyundai Motor America’s stablecoin payment to its Mexico affiliate, completed on Avalanche in minutes instead of days. Nonco helps institutions exchange currencies and stablecoins by requesting prices directly from a network of professional liquidity providers. That gives them access to more competitive rates while allowing both sides of the transaction to settle together onchain. SMBC, Japan’s second-largest bank, is exploring stablecoin infrastructure for wholesale institutional payments. It is also working alongside MUFG and Mizuho on a potential yen-pegged stablecoin initiative built on Avalanche. StraitsX is working with KBank through Project BLOOM to develop payment infrastructure that can improve settlement across Southeast Asian corridors where moving money remains particularly slow and expensive. AeraTech helps multinational companies manage cash across subsidiaries, offset internal obligations, and settle inter-company payments without unnecessarily routing every transaction through external banks. These different companies all represent or engage with different parts of the payment and treasury stack. But they all have a shared goal: keep capital working longer, move it when it is needed, and make cross-border payments faster and more efficient. That is what the Avalanche Payments Collective is bringing together. Frictionless, borderless payments that really are instant, simple, and straightforward.show more

🚨MASSIVE: $180+ BILLION USDT Liquidity Is OFFICIALLY Coming to... STELLAR — Tether Goes LIVE on the $XLM Network 🤯🔥 Tether’s USDT0 is now LIVE on Stellar, connecting the network to the liquidity of the world’s largest stablecoin and expanding the infrastructure available for global payments. 👉 $180+ BILLION in USDT liquidity can now connect with the Stellar ecosystem 👉 USDT can move through infrastructure designed for fast, low-cost global payments 👉 Developers gain another major dollar asset for building payment and financial applications 👉 Stellar is positioning the integration around real-world payments and cross-border money movement That is a SERIOUS liquidity upgrade for $XLM. 🤯show more

The BIS, Bundesbank, HKMA, and commercial banks across three... continents have been building #tokenisation infrastructure on separate tracks, and their published work points to the same three-layer architecture for #digitalmoney. 1. Central bank money at the base for settlement finality 2. Tokenised deposits in the middle for programmable commercial payments 3. Public blockchain and stablecoins at the top for liquidity and market access 4. Underpinning all three is a horizontal #interoperability layer that makes them work as a coherent system rather than three separate silos. We've mapped that convergence into a framework for any bank building tokenisation infrastructure this year, covering what each layer does, where the industry stands on deployment, and what to prioritise before committing capital to any single component. #TokenisedDeposits #Stablecoinsshow more

MetaMask users in Vietnam can now fund wallets straight... from a bank Banxa (Banxa) has switched on VietQR support for MetaMask 🦊, letting Vietnamese users top up the wallet with the same bank QR scan they already use for coffee and rent. MetaMask amplified the launch on Tuesday, calling it a direct bank-to-wallet on-ramp. Pricing is the real change. Card-based crypto purchases in Vietnam have run around 7%, while Banxa puts VietQR at a 3% flat rate. Banxa points to Vietnam as the fourth most crypto-adopted country, with roughly 15 million VietQR transfers clearing the NAPAS network daily and merchant acceptance near 85%.show more

Quant plans a ready-made tokenized deposit service for US... banks that lack one Tokenized deposits are regular bank money on a blockchain. Today most stay locked inside the bank that issued them, per Quant. The Clearing House, owned by 25 of the largest US banks, picked the firm behind $QNT last Thursday to link them into one network for clearing and settlement. Quant will also run a shared platform for any US institution that processes through The Clearing House but has no tokenized deposits yet. Those banks can rent the capability instead of building it. The network is due in the first half of 2027. Quant also built the platform behind a UK bank pilot, which ran its first three live customer payments last week.show more

Money is becoming software. HIFI is the infrastructure it... runs on. We've raised a $37 million Series A led by Left Lane Capital. Thank you to the customers who run on HIFI, the team that builds it, and the investors who back it. Demand is accelerating. We now process more than $7 billion a year, and existing customers have grown their usage more than 400% in the past six months. Together, they've onboarded more than 10,000 businesses and 200,000 individuals through HIFI. Our technology runs from Wall Street to everyday payments. In July, HIFI's platform was part of DTCC's pilot for tokenized repo. And through our partnership with Visa, developers can pair HIFI's stablecoin settlement with Visa Direct to move money globally. With this round, we're building toward the full stack of tokenized money, from payments and stablecoin cards to tokenized capital markets. We're growing our teams in New York and key international markets, acquiring strategic regulatory licenses, and reimagining new products for the partners building on HIFI. We're just getting started. → Read our blog: → Read the exclusive in Axios:show more

Introducing USTX. The native stablecoin of the tx ecosystem... will launch in October. USTX is issued on tx chain and built for what comes next: tokenized stocks, ETFs, and other real-world assets, providing stable liquidity on their native chain. Why a natively issued stablecoin? Tokenized markets are only as strong as the liquidity behind them. Today much of that liquidity sits in USDC, spread across many networks. USTX concentrates it into one native balance on tx, acting as a settlement layer for assets issued there. In traditional markets, trading and settlement are separate processes. On-chain, the asset and the payment can move together, and a native stablecoin allows that process to scale efficiently. USTX is one of the final additions before the tx marketplace goes live: a simple way to bring dollars onto tx and use them across the assets issued there. For issuers and traders, that means deeper liquidity in one place. For the ecosystem, it means the foundation is set for those assets to arrive. Fully backed 1:1 and issued by brale in partnership with tx.show more

🌍 Big Names. Bigger Vision. The Kima Story. From... central banks to global tech giants, Kima’s journey is powered by some of the most influential names in finance and technology, all united by one mission: making money move freely, securely, and compliantly across ecosystems. Here’s who’s shaping the future with us 👇 🏦 European Central Bank (ECB): Recognized by the ECB as a Pioneer in the Digital Euro Innovation Platform, where Kima showcased programmable public finance and conditional payments for real-world impact. 💰Commercial Bank International (CBI), Dubai: Partnering with Kima to power next-gen cross-border remittances from the UAE to major corridors like India, Pakistan, and Bangladesh, fast, compliant, and cost-efficient. 💶 Bank of Israel: Selected participant in the Digital Shekel Challenge, building innovative use cases for national digital currency integration. ☁️ Alibaba Cloud: Providing enterprise-grade infrastructure to run global Kima nodes, ensuring speed, reliability, and compliance at scale. 💳 Mastercard: Collaborating through sandbox pilots to enable real-time stablecoin top-ups, bridging traditional banking and blockchain rails. 🔗 Kima Network is the universal settlement layer making all this possible: connecting banks, blockchains, and digital assets in one interoperable system. Kima is the settlement backbone connecting banks, blockchains, and digital assets, where TradFi meets DeFi, for real. 🚀show more

🚨JUST IN: U.S. Bank 🤝 STELLAR — One of... America’s BIGGEST Banks Just Made a LIVE Stablecoin Payment on STELLAR 🤯🇺🇸🔥 America’s 5th-LARGEST Commercial Bank, U.S. Bank, has ACTUALLY executed a LIVE pilot using its own dollar-backed stablecoin, $USBDC, moving value between its operations in North America and Europe. 😳 And the blockchain underneath it? STELLAR. 🔥 👉 $USBDC was minted and redeemed as part of the pilot 👉 U.S. Bank tested institutional controls including freezing + clawback capabilities 👉 The system was integrated with existing risk, compliance, finance and operational infrastructure 👉 U.S. Bank says it is continuing to explore additional use cases with the Stellar Development Foundation 👀 U.S. BANK 🤝 STELLAR 🤝 $USBDC 🤝 GLOBAL PAYMENTS 🚀🔥 $XLMshow more

Western Union's stablecoin card goes live in 37 countries... Western Union (Western Union) has launched Stablecard, a digital wallet and Visa secured credit card built with Rain that lets users receive money transfers directly into $USDPT, the company's dollar stablecoin issued by Anchorage Digital Bank on Solana, and spend anywhere Visa is accepted. The product targets remittance receivers in markets with volatile local currencies, where a dollar-backed balance protects what they've earned. It's live in 37 markets at launch, and Western Union is targeting more than 60 by the end of the year.show more

Korea's NHN KCP runs a 2-second stablecoin payment pilot... on Avalanche NHN KCP confirmed today that it is running a commercial-feasibility pilot for stablecoin-based payments linked to its Payco easy-payment service. The test covers online gift certificate purchases inside the Payco app and offline payments at the cafe and cafeteria in the company's Seoul headquarters, with about 700 employees participating. The system runs on a payments-focused mainnet built in cooperation with Avalanche (Avalanche🔺). NHN KCP says it logged a 2-second processing time from QR scan to approval, and built what it calls the industry's first stablecoin payment admin page so merchants can track blockchain settlement data in real time without crypto expertise. NHN KCP plans to share the pilot data with financial-sector partners and large merchants to push toward commercialization. Another Korean payment major is moving stablecoins from product to infrastructure.show more

🚨 ⚡ Breaking: I’m proud to share that has... raised $82 million in Series B funding to build the first truly global #crypto #payments #network – one that makes crypto as easy, seamless, and universal to use as fiat. Most of the investments were closed with PayPal USD (#PYUSD) stablecoin. This round, led by Paradigm (Charlie Noyes & Matt Huang) with participation from Consensys.eth , QuantumLight, Yolo Investments, Evolution VC, Hike Ventures, Opportuna and AltaIR Capital, that brings our total funding to over $120 million. Regulatory clarity is taking shape, institutions are leaning in, and #stablecoins are booming. The industry has gotten everything it could have asked for – and then some. Crypto finally has its shot at mainstream adoption. The industry is ready, the technology is ready and we believe #Payments are the unlock. 💡 What is Mesh and How it solves the crypto payments challenges? Mesh is building the #network that connects #wallets, #exchanges, Payment Service Providers (PSPs), and businesses as one cohesive operating system. Users can pay with any asset they hold – BTC, ETH, SOL – while merchants settle in the hashtag#stablecoin of their choice: PYUSD, RLUSD, USDC. It’s seamless, instant, and works everywhere. Just like it should. It’s the foundational infrastructure for a #borderless, open financial system. A system where payments aren’t confined by geography, banking hours, or asset types. One network that works across #TradFi and #crypto. Our technology already powers payments, deposits, and transfers across 300+ wallets, exchanges, and platforms. We reach over 400 million users in 100+ countries. With this capital, we’re expanding globally to making crypto payments as easy as using a credit card. Thank you to everyone on the Mesh team and all of our investors and advisors for their brilliance, hard work, and inspiration. This milestone would not have been possible without their continued support and trust in our vision. We look forward to entering this next phase of growth together. And we are hiring! DM me to build the future together. #Crypto #Payments #Stablecoins #Fundraise #Meshshow more

Nice Touch #2: Infini Card I’m continuing my new... series highlighting small product decisions that deserve more attention This time, I want to talk about Infini Card One of the strongest parts of the product is its transparency Infini offers several cards for different use cases, but what I especially like is how clearly they explain the differences between them Right on the card selection page, before you even open one, you can see all the important details: - card opening cost - card network - settlement currency - cashback - FX fees - refund fees - other card-specific fees - Apple Pay, Google Pay support - clear pros and cons for each card You don’t need to dig through the documentation or discover the fees after you’ve already started using the card Everything is shown right where you make the choice It sounds like a small detail, but these are exactly the kinds of details that make Infini stand out from other projects Users should know what to expect before they start using a card, instead of playing a game of “find the information in the docs” or dealing with inconsistencies between the app and the documentation Card variety, transparency and great design. Everything is done rightshow more