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Stripe said the ability for merchants to accept USDC will be available to Shopify merchants in 34 countries.
The pilot initiative clears a path for World Chain to ultimately become a ZK rollup, according to Succinct.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto is an "important lever" in the political landscape said David Plouffe, previously an advisor to former Vice President Kamala Harris.
Circle's institutional stablecoin creation platform Circle Mint and developer-focused Circle API now support USDC on the XRPL, bolstering USDC's liquidity on the network.
Tether Investments' approximate 31.9% stake in Elemental is worth around $89 million at an acquisition price of $1.14.
Facebook's earlier Libra project collapsed under regulatory pressure, but a slew of Big Tech firms are now exploring stablecoin adoption.
Users who deposit stablecoins into Plasma's vault are able to earn the right to purchase Plasma's token, XPL.
Analysts attribute the inflows to positive regulatory discussions around DeFi and stablecoins, alongside a spillover effect from bitcoin.
Bessent said at a Senate hearing that the U.S. dollar stablecoin market will surpass $2 trillion with legislative support.