Payments Archives - Today News

Shopify to enable USDC payments via Base across its Checkout ecosystem

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Shopify is rolling out support for USDC payments, allowing consumers to pay with stablecoins via Shopify Payments and Shop Pay. The feature, developed in partnership with Coinbase and launching on the exchange’s Base blockchain, is available in early access starting this week and will expand to more merchants over the coming months. New payment rails […]

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Coinbase to launch CFTC-cleared perpetual futures trading, Bitcoin-backed credit card for US customers

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Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers. The exchange made the revelation during its annual State of Crypto Summit on June 12. Perpetual futures for US traders Max Branzburg, head of consumer and business products, said Coinbase will soon list perpetual futures contracts for domestic users under the Commodity

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Plasma reopens deposits, secures billion in 30 minutes for XPL

Plasma reopens deposits, secures $1 billion in 30 minutes for XPL

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Investor demand for Plasma’s upcoming XPL token continues to soar, with the stablecoin infrastructure platform now securing $1 billion in deposits to support the planned sale. Plasma confirmed that its revised $1 billion deposit cap was reached in under 30 minutes on June 12, doubling its initial $500 million target. The firm stated that 2,900

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US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

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A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes. This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts. No Bitcoin reserve

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AEON Integrates TRON Network to Enable Seamless In-Store Payments

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Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Singapore – June 5, 2025 – AEON, the next-generation crypto framework built for payments, has integrated the TRON network to enable seamless in-store payments. Through AEON Pay, users can now transact using TRX, the native utility

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Ripple Presents XRP, RLUSD to Replace SWIFT’s Outdated Payment System

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XRP is powering Ripple’s bold challenge to SWIFT’s outdated payment system, delivering blazing-fast, low-cost, and transparent cross-border transactions through blockchain and stablecoin innovation. Ripple Unveils XRP Solution While SWIFT Struggles With Outdated Payment Rails Ripple shared in a blog post on May 28 that blockchain technology and the digital asset XRP could help resolve many

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Caricom Bloc Advances Pilot to Reduce Dollar Dependence

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The governors of the Central Banks of Caricom agreed to advance a local currency-based, instant settlement payment platform to reduce their reliance on the U.S. dollar. A pilot has already managed to complete a cross-border transaction between the Bahamas and Barbados. Caricom Pilots Payment Platform to Reduce Dollar Usage The instability of the U.S. trade

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Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency

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Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit. The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions. The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin

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Bitcoin Payments Save Steak ’n Shake 50% in Fees—Credit Cards Can’t Keep Up

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Speaking at the Bitcoin 2025 conference in Las Vegas, Steak ’n Shake’s Chief Operations Officer (COO), Dan Edwards, asserted that bitcoin outpaces credit cards in terms of speed and emphasized that the company is cutting processing costs in half. Steak ’n Shake COO Says Bitcoin ‘a Win for Everyone’ After Global Rollout Edwards elaborated that

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Vitalik suggests Ethereum as a secure digital payment backup as Sweden and Norway shift back to cash

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Ethereum co-founder Vitalik Buterin believes that if decentralized networks become more robust and private, they can support national efforts to reduce reliance on cash. In a May 25 post on X, Buterin commented on recent developments in Sweden and Norway, where authorities are rethinking their near-total shift toward digital payments. Both countries have led the

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