PayPal Launches Cryptocurrency Trading for All US Users

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  Stripe Unveils Stablecoin Payment Accounts, AI Features During Annual User Event

  Stripe is making a renewed push into crypto and artificial intelligence, unveiling a slate of new features at its annual user event on Wednesday in San Francisco. Two major updates include the rollout of Stablecoin Financial Accounts, which will allow businesses in 101 countries to hold balances in dollar-backed stablecoins, receive funds via crypto or traditional rails, and send stablecoins globally. It also rolled out a new Payments Foundation Model, an AI system trained on tens of billions of...

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  DeFi Development Corp to Split Stock 7-for-1 After Solana-Fueled Rally

  DeFi Development Corp., a publicly traded real estate software firm turned crypto holding vehicle, said Wednesday it will execute a 7-for-1 stock split later this month, capping a frenetic pivot into the Solana blockchain ecosystem that has fueled a staggering rally in its share price. The split, approved by the board and pending regulatory steps, will take effect May 20.  Shareholders of record as of May 19 will receive six additional shares for each share they hold, increasing outstanding shar...

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  Visa Bets on Stablecoin Demand With Investment in BVNK

  Visa announced another crypto venture this week, revealing an investment in stablecoin infrastructure company BVNK.  London-based BVNK announced the “strategic investment” from Visa via the payment giant’s Visa Ventures arm. It did not reveal the size of the investment, but said it came following the firm’s $50 million Series B round in December.  BVNK says it’s building a “real time, 24-7, 365 payments network” for businesses using blockchains.  Only last week, Visa announced that it was partne...