Brad Garlinghouse says the key to getting corporations into crypto is a straightforward crypto-fiat treasury system rather than persuasion. He argues reliable rails, liquidity and treasury tooling are the practical enablers of enterprise adoption.
Iran has introduced an approximate $1 per barrel toll for ships transiting the Strait of Hormuz and is asking for payment in Chinese yuan or stablecoins. The move could nudge energy payments away from the dollar and raise fresh compliance questions for shippers and insurers.
SoFi launched a 24/7 Banking Hub that lets businesses hold dollars, convert them into stablecoins, and move funds instantly within a regulated bank environment. The service aims to speed settlements and simplify treasury operations.
Flexa is shutting down its SPEDN consumer app after seven years and pivoting to build scalable crypto payment rails for merchants and partners. The company says it will prioritize integration with existing payment infrastructure rather than standalone consumer-facing wallets.
Mercado Libre will stop selling Mercado Coin, processing platform sales, and issuing cashback in the token beginning April 17. Users can still spend or sell existing balances on the platform or convert holdings to local currency.
Mitsubishi has begun using JPMorgan’s Kinexys blockchain network for corporate payments as the bank’s on‑chain rails scale toward roughly $10 billion in daily transaction volume. The move underscores growing institutional interest in blockchain-based payment infrastructure.
Square has begun automatically enabling bitcoin payments for millions of U.S. merchants, converting received BTC instantly into U.S. dollars to eliminate volatility and added complexity for small businesses.
SWIFT confirmed its blockchain-based shared ledger is advancing to a minimum viable product stage, marking the start of live settlement trials across its global messaging network. The move could reshape interbank settlement speed and risk management for more than 11,000 institutions.
Ripple's purchase of GTreasury positions XRP as a core asset for corporate treasury functions, targeting a $12.5 trillion payments market. The move signals a push to embed XRP Ledger capabilities into enterprise cash management.
The ECB said on March 27 that banks risk losing payment market share to stablecoins and urged the launch of a digital euro to preserve their role in the payments system.