Exodus has launched 'Exodus Pay,' enabling users to spend BTC directly from their self-custodial wallet. The update aims to make holding and spending Bitcoin more seamless without moving funds to custodial services.
A senior Bank of England official told Parliament that proposed rules would require “systemic” stablecoins to hold at least 40% of reserves in central bank deposits, announced as DLT projects proliferate. The move is aimed at strengthening safety and integrating stablecoins into the UK financial plumbing.
Six Swiss banks and Swiss Stablecoin AG unveiled a sandbox on April 8 to pilot a Swiss franc–pegged stablecoin. The pilot will test payments, custody, liquidity and compliance within a controlled, regulated environment.
The Financial Times reports Iran is considering accepting cryptocurrency and other digital payment methods as transit fees from fully loaded oil tankers passing through the Strait of Hormuz. The move could shift how energy transit payments are processed and raise regulatory concerns.
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.