Ripple’s CTO says XRP is positioned to act as a neutral settlement asset alongside Bitcoin, aiming to speed up cross-border payments and cut liquidity costs for banks and payment providers.
Paxos CEO Charles Cascarilla told the Federal Reserve’s Payments Innovation Conference that stablecoins have the potential to disrupt and reshape global payments. His remarks framed the technology as a driver of faster, cheaper cross-border transfers and deeper engagement between industry and regulators.
On-chain data for Nov. 20, 2025 shows XRP Ledger payment volume jumped more than 4.5x in a single day, with over 1.5 billion XRP moved between accounts. The spike marks one of the biggest activity shifts this month and could signal large payments or renewed market interest.
Opera's MiniPay wallet, built on Celo, will support USDT and connect to real-time payment rails across Latin America to speed up stablecoin transfers and remittances.
Mastercard and Polygon announced a partnership to let users create catchy, customizable nicknames that map to blockchain addresses, removing long wallet strings from payments and transfers. The move aims to simplify crypto UX and reduce transaction errors.
Mastercard has partnered with Polygon to let users send crypto to verified usernames instead of long wallet addresses, a move aimed at simplifying self-custody payments. The integration targets better usability and fewer errors for mainstream crypto transactions.
Steak 'n Shake, which began accepting Bitcoin in May, is opening new locations in El Salvador as of Nov. 15, 2025. The move brings a U.S. fast-food brand into a country that made Bitcoin legal tender in 2021, widening on-the-ground crypto payment options.
JPMorgan has launched its dollar deposit token on a public blockchain to accelerate payments and enable programmable transactions. The move signals major banks pushing regulated digital dollars into wider financial markets.
Cash App will enable stablecoin send/receive over Solana rails in 2026, pushing fast, low-cost dollar payments toward mainstream use. That shift favors wallets like Best Wallet and could boost demand for $BEST.
Alibaba's global e-commerce division is reportedly developing a bank-supported deposit token to facilitate cross-border payments as Beijing tightens rules on stablecoins.