Introducing 402Pay: BitGPT’s Native HTTP 402 Payment Stack for the Autonomous AI Economy
When introducing the BitGPT Network last year, we envisioned a decentralized ecosystem where specialized AI agents seamlessly collaborate, securely transact, and continuously self-improve—all powered by privacy-preserving inference and fine-tuning. In the months that followed, we worked more closely than ever with other developers, AI-framework leaders, and SaaS innovators than ever before. Along the way, we discovered a critical roadblock to our vision: “Before I focus on optimizing inference o...
Paydify Launches to Enable Businesses Worldwide to Accept Crypto Payments
Victoria, Seychelles, April 22nd, 2025, Chainwire Paydify offers an easy plug-in payment layer that enables any business to accept crypto payments from any wallet or blockchain network — with instant stablecoin settlement and zero fees. Paydify, a universal gateway for any crypto payments, has officially launched to enable businesses to accept crypto payments from any wallet or blockchain network. Built to simplify fragmented blockchain infrastructure, Paydify turns complex crypto payments in...
PayPal Wants 20 Million Merchants Using PYUSD Stablecoin by End of 2025
PayPal's U.S. dollar-pegged PYUSD stablecoin is moving beyond experimental status, the company said Tuesday. The update was shared during the company's investor day in New York, with execs from the payments tech firm touting ambitious plans for its future. "The thesis was: Can we facilitate that on PYUSD rails so as not to have the currency conversion, the friction, as well as time?" Michelle Gill, general manager of PayPal's small and medium enterprises line of business, said in an interview wi...
Stablecoin Legislation Could Unleash 1,000 Tether and USDC Rivals, Expert Says
As lawmakers hash out a federal framework for stablecoins in the U.S., corners of the crypto industry may soon face competition from the likes of Uber and Meta. Senate Banking Committee Chairman Tim Scott (R-SC) vowed this month that a stablecoin bill, dubbed the GENIUS Act, will be passed by both chambers of Congress and signed into law within the first 100 days of President Donald Trump’s administration. As the bill gains momentum, some experts say the industry may be at a crossroads. While th...
Tether Chooses Ethereum L2 Arbitrum for Cross-Chain USDT Infrastructure
Tether has picked Layer 2 Ethereum protocol Arbitrum to provide the infrastructure for its new cross-chain initiative, Legacy Mesh. The news follows Tether’s launch of a new token, dubbed USDT0, in mid-January to facilitate smoother cross-chain transfers of USDT outside of blockchains that already support it. The aim was to do it without needing to use techniques like wrapping tokens or blockchain bridges. USDT0 is pegged one-to-one with Tether’s flagship stablecoin, USDT. It's currently the wor...
What is Phantom? A Guide to Solana’s Most Popular Crypto Wallet
As cryptocurrency adoption grows, so does the need for secure, user-friendly wallets. While MetaMask dominates Ethereum, Phantom is a self-custody cryptocurrency wallet that offers a multi-chain solution, supporting Solana, Ethereum, Base, Polygon, and Bitcoin. With built-in send, receive, buy, and swap features, it eliminates the need for a centralized exchange, making asset management seamless. What is Phantom? Launched in 2021, Phantom is a non-custodial cryptocurrency wallet originally desig...
PayPal's Venmo Can Now Be Used to Buy Bitcoin and Ethereum via MoonPay
PayPal is diving deeper into the crypto world. In a Thursday announcement, the payments giant said that U.S. customers could now buy digital coins and tokens like Bitcoin and Ethereum on MoonPay using their Venmo accounts. Venmo is a popular mobile payments app owned by PayPal. MoonPay is a platform allowing people to buy, sell, or swap digital coins and tokens. Venmo customers can use their account balance, a direct bank withdrawal, or debit card to fund crypto purchases on MoonPay, however Moo...
Stripe $1.1 Billion Bridge Deal Validates Stablecoin Growth, Says Bernstein
The recently confirmed acquisition of stablecoin payment platform Bridge for $1.1 billion by U.S. payment processor Stripe validates the growing importance and legitimacy of stablecoins as a use case for public blockchains—particularly for global cross-border transactions, according to Bernstein. “Stablecoins have become systemically important, now the 18th largest holder of U.S. Treasury assets, alongside major sovereign holders,” Bernstein said in a note sent to Decrypt. The integration of sta...
Stripe Follows Through on Crypto Payment Support in USDC Following Six-Year Hiatus
On Wednesday, global payments giant Stripe fulfilled its April commitment to reinstate crypto support, marking six years since it first discontinued Bitcoin payments on its platform. The San Francisco-based firm has introduced a new payment option that allows businesses to accept USD Coin (USDC) from customers in more than 150 countries, Jeff Weinstein, Stripe’s product lead, announced on Twitter (X). “Crypto on Stripe is officially back!” he tweeted. “We're rolling this out to hundreds of thous...
Could Robinhood and Revolut Find Stablecoin Success Where PayPal Stumbled?
Fintech heavyweights Robinhood, a U.S. investing app, and Revolut, a crypto-friendly neobank based in London, are considering launching their own stablecoins, unnamed sources told Bloomberg this week. The giants are eyeing the stablecoin market at a time when Tether (USDT), with its $119 billion market capitalization, accounts for roughly 68% of the $173.5 billion category. With Europe offering clearer regulatory frameworks, the fintech giants could bring a new wave of competition. However, the...
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