You can now build end-to-end payments with @turnkeyhq + @WalletConnect Pay!
Users just login, scan a QR code, & pay — that's it. Any merchant or POS integration built on WalletConnect Pay can now power payments with Turnkey’s embedded wallets under the hood.
$USDC payments, secured by Turnkey.
Aave Labs’ UK subsidiaries Push Labs Ltd. and Push Virtual Assets Ltd. (together “Push”) have received approval from the UK’s Financial Conduct Authority (FCA) to register as a cryptoasset exchange provider in the UK.
Ethereum still dominates tokenized assets, consistent with its headstart in DeFi and institutional adoption.
Ethereum: $15.7 billion
BNB Chain: $4B
Solana: $2.2B
Stellar: $1.7B
Liquid Network: $1.5B
XRP Ledger, ZKsync Era, Arbitrum: ~$1B each
Rather than converging around a single chain, tokenized assets are spreading across multiple blockchain ecosystems — given criteria like cost, liquidity, compliance requirements, and go-to-market relationships.
Of all the stablecoin features we've built at Ramp over the past few months - letting businesses convert 1:1 between USD, USDC, and USDT has by far been the most positively received one.
My personal view is that this is table stakes for any kind of B2B remittance, treasury, or bill pay product - and that we'll soon see this as the status quo.
Businesses shouldn't have to worry about how much USDC will ultimately land in their account when they get paid - or need to send 10,001.13 USDC so that their vendor will gets paid exactly 10,000 USDT.
A dollar is a dollar.
A founder I spoke to last week spent 3 years learning everything about their industry.
Now they want to pivot to “AI for Dentists”.
The grass only looks greener because you’ve not trampled through the shit yet.
One thing I learned in fintech that applies to stablecoins: Customers really don’t care about the rails.
ACH, cards, RTP, FedNow, wires, whatever. They care whether it works.
Is it fast?
Can they trust it?
Can they use it everywhere?
Does it feel seamless?
Stablecoins get interesting as they fade into the background and simply make money movement better.
🇬🇧 NEW: The Bank of England proposes extending its settlement infrastructure to near-24/7 operations, alongside the FCA, to prepare UK wholesale markets for tokenized finance.
Galaxy was built in New York.
As of today, we're licensed by @NYDFS to serve institutional clients across the state — the deepest pool of capital in the country, and one where digital assets are no longer sitting at the edge of allocations.
Crypto isn’t one industry!
It’s 7 pillars built on the same open infrastructure:
- Savings
- Trading
- Payments
- Credit
- Betting
- Identity
- Coordination
What TradFi siloed into separate institutions is now globally accessible through Wallets on permissionless networks