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Detroit will begin accepting cryptocurrency payments for taxes and city fees in mid-2025, making it the largest U.S. city to do so. This move is part of the city's broader effort to embrace emerging technologies and position itself as a tech-friendly hub.

Stripe's Pay with Crypto is the first to use Paxos' new stablecoin payments platform, enabling instant conversions between various stablecoins. Will this launch boost stablecoin adoption in the payments industry?

Stripe has launched USDC payments, enabling merchants to accept stablecoin transactions globally. The move offers a more stable, efficient alternative to previous crypto payment options, and could lead to wider adoption of digital currencies in everyday transactions.

Alchemy Pay users can now link their virtual cards to Samsung Pay, allowing them to use crypto for payments in 24 countries. The integration reflects growing interest in crypto payments, particularly among accredited investors, and highlights Alchemy Pay’s ongoing efforts to expand its reach in traditional and digital payment platforms.

PayPal, the financial technology giant, has taken a significant leap in its cryptocurrency offerings, announcing that U.S. merchants with business accounts can now buy, hold, and sell digital currencies directly through PayPal.

PayPal allows US business accounts to buy, sell, and store cryptocurrencies, enhancing digital asset management options. The service excludes New York due to regulatory restrictions.

Payments giant PayPal now allows US merchants, except New York, to buy, hold, and sell crypto via their business accounts. This move expands PayPal's crypto accessibility, offering enhanced financial tools to millions of businesses.

TrueX, a non-custodial crypto trading platform, launches with $9M backing, using PayPal's PYUSD for stablecoin settlements.

Tether's appointment of Jesse Spiro as head of government affairs signals its proactive stance on addressing regulatory challenges amid growing scrutiny of its operations. However, the uncertain U.S. legislative landscape continues to complicate the stablecoin issuer’s future.

PayPal and Venmo's integration with Ethereum Name Service aims to simplify crypto transactions, making them more accessible to users by replacing long wallet addresses with ENS usernames.