RT Crypto In America (@CryptoAmerica_)🚨EXCLUSIVE: We sat down with @BoHines, Executive Director of the White House Crypto Council, inside the @WhiteHouse to dig into the Administration’s new crypto report.Beyond breaking down the document’s key recommendations, we tackled today’s hottest topics — from Brian Quintenz’s pending nomination as CFTC chairman, to the Roman Storm trial, and what’s next on the White House’s crypto agenda.TIMESTAMPS:0:00 - Welcome Bo Back To The Show!0:31 - Overview of the White Hou ...

Core Insights - Western Union is partnering with two African FinTechs, Zoona Transactions and Chipper Cash, to enhance international money transfer services for customers in Zambia [2][3] - The collaboration aims to leverage Zambia's growing digital financial landscape, allowing users to send and receive money globally through the Chipper Cash app [3][4] Company Developments - The partnership will enable Chipper Cash app users to access Western Union's extensive network, which spans over 200 countries and territories, facilitating seamless money transfers [3] - Western Union's President and CEO, Devin McGranahan, emphasized the company's commitment to its Evolve 2025 strategy despite facing a 4% revenue decline in the second quarter, attributed to challenges in the North America retail business and sanctions affecting operations in Iraq [5] Industry Trends - The rise in smartphone adoption in Zambia is driving demand for mobile-first financial solutions, indicating a shift towards richer, app-based digital financial services [4] - Western Union is exploring the use of stablecoins and artificial intelligence to improve efficiencies in cross-border transfers, viewing stablecoins as an opportunity rather than a threat [6][7]

Stable coins have been the big focus for like the last 12 or 24 months now because stable coins just continue to go insane. We can actually see on my screen right now we have just in Bitwise says stable coins are going parabolic. If we actually look at this and let me just open this up in a new tab just so that you guys can actually see this.Right. So here we have on the left side stablecoin market capitalization and then stable coin transactions on the right side. If we look at this since quarter 1 of 2020 ...

Key Takeaways Visa reported Q2 EPS of $2.98 and revenue of $10.17B, beating consensus estimates on both metrics.Payments volume rose 8% and transactions grew 10%, with all business segments topping estimates.Visa is expanding stablecoin settlements and embedding AI in over 100 products to boost growth and security.The global financial transaction services giant Visa Inc. (V) reported solid quarterly adjusted earnings of $2.98 per share, beating the Zacks Consensus Estimate of $2.86. This compares to earning ...

Crypto is rife with scams. But if stablecoins are regulated well—as America’s GENIUS Act promises—their potential has a chance to be realised https://t.co/K0zLtDXQtB ...

Product Launch - MetaMask launches "Stablecoin Earn" feature, enabling users to earn passive income directly from the MetaMask Mobile App [1] - Stablecoin Earn is powered by Aave [1] - Users can deposit stablecoins to earn yield with no lock-ins and no MetaMask fees [3] - The feature is fully integrated in MetaMask Mobile and offers self-custody with no KYC or middlemen [3] Key Features - Stablecoin Earn allows stablecoins to generate returns while users explore web3 [2]

Regulatory Actions - Bank of Korea established a "Virtual Asset Team" to monitor crypto markets [1] - The team will lead discussions on Korean won stablecoins [1]

Crypto Innovation - Stablecoins are considered Ethereum's "ChatGPT moment," potentially redefining crypto innovation [1]

RT Infra | Raydium (@0xINFRA)Stablecoins on Solana 👀 ...

Financial Data and Key Metrics Changes - Visa reported net revenue of $10.2 billion, an increase of 14% year over year, and EPS rose by 23% year over year [6][35][42] - Overall payments volume grew by 8% year over year in constant dollars, with U.S. payment volume increasing by 7% and international payments volume by 10% [6][35][36] - Cross-border volume, excluding intra-Europe, rose by 11% in constant dollars, and processed transactions grew by 10% year over year [7][35][36] Business Line Data and Key Metrics Changes - Consumer payments revenue was driven by strong payments volume, cross-border volume, and processed transaction growth [41] - Commercial and Money Movement Solutions (CMS) revenue grew by 13% year over year in constant dollars, with Visa Direct transactions increasing by 25% [15][42] - Value-added services revenue reached $2.8 billion, growing by 26% year over year in constant dollars, driven by strength across all portfolios [25][42] Market Data and Key Metrics Changes - Total international payments volume increased by 10% year over year, consistent with Q2 when adjusted for leap year [35][36] - U.S. payments volume growth was generally consistent with Q2, with e-commerce growing faster than face-to-face spend [36][38] - Cross-border volume growth remained strong and above pre-COVID levels, despite currency weakness and travel impacts [31][39] Company Strategy and Development Direction - Visa is focused on innovation in areas such as AI and stablecoins, with a commitment to evolving its product offerings [8][20] - The company aims to deepen relationships with clients and expand its digital payment solutions, including account-to-account payments and open banking initiatives [14][19] - Visa's strategy includes enhancing its value-added services and leveraging its global scale to capture growth opportunities [32][42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of consumer spending and the company's ability to navigate macroeconomic challenges [30][48] - The outlook for Q4 remains strong, with expectations for continued growth in net revenue and EPS [46][48] - Visa is planning for FY 2026, evaluating various macroeconomic scenarios and client renewals to drive future growth [95][96] Other Important Information - Visa's operating expenses grew by 13%, primarily due to higher personnel costs and lower-than-expected FX benefits [43][66] - The company issued €3.5 billion in fixed-rate senior notes and repurchased approximately $4.8 billion in stock during the quarter [43][44] - Visa is actively involved in the stablecoin space, supporting regulatory clarity and exploring its use in remittances and cross-border transactions [20][23] Q&A Session Summary Question: Follow-up on the fourth quarter guide - Management indicated that Q4 is expected to be fundamentally strong, with resilient consumer spending and normalization of prior one-time impacts [52][54] Question: Investment priorities and operating expenses - Management confirmed that investment priorities remain unchanged, focusing on product development and growth, while Q3 operating expenses were higher due to FX and personnel costs [62][66] Question: Spread between international transaction fees and nominal cross-border volume - Management explained that the spread was impacted by higher currency volatility, hedging losses, and changes in mix, particularly with U.S. inbound travel [70][74] Question: Visa Direct's growth and pricing dynamics - Management highlighted Visa Direct's significant growth and its role as a cross-border money movement platform, with pricing strategies varying by region and use case [78][84] Question: Expectations for volume transactions in fiscal 2026 - Management expressed confidence in the growth potential across its business segments and the ongoing momentum in value-added services [90][92] Question: Role of stablecoins in remittances - Management discussed the potential for stablecoins to facilitate faster and cheaper cross-border transactions, benefiting both consumers and service providers [100][104] Question: Growth of advisory services related to stablecoins - Management confirmed strong growth in the advisory business, particularly around stablecoins, and highlighted opportunities for monetization through consulting services [108][110]