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X @Circle
Circle· 2025-12-11 20:00
Welcome @OwlTing to Circle Payments Network (CPN)!OwlTing has officially joined CPN, enabling near-instant settlement with payment stablecoins like USDC across high-growth markets.This unlocks faster, more affordable cross-border flows for:→ B2B payments→ Remittances→ PayrollWith a deep regulatory footprint across the US, EU, and Asia, OwlTing now connects its users to compliant, real-time global settlement through a single CPN integration.This is what modern cross-border payments should feel like. ...
Crypto Platform Exodus to Acquire W3C Corp and Subsidiaries Baanx, Monavate
Crowdfund Insider· 2025-11-26 20:35
Core Viewpoint - Exodus Movement, Inc. has announced a definitive agreement to acquire W3C Corp, which includes Monavate Holdings and Baanx, to enhance its payment infrastructure and capabilities in the cryptocurrency space [1][2]. Group 1: Acquisition Details - The acquisition is subject to regulatory approvals and aims to integrate Monavate and Baanx's issuing, processing, and regulatory capabilities into Exodus's product suite [1][2]. - By acquiring these companies, Exodus will reduce its dependence on third-party providers for card and payment services [2]. Group 2: Strategic Goals - Post-acquisition, Exodus plans to issue payment cards through networks like Visa, Mastercard, and Discover, expanding its reach in the US, UK, and EU [3]. - The integration of card and payment infrastructure is intended to close the gap between holding and spending cryptocurrencies, allowing businesses to utilize stablecoins for transactions [3]. Group 3: Market Insights - Stablecoin payment volumes have increased by 70% from February to August 2025, with a significant portion driven by B2B payments [3]. - The acquisition is expected to diversify Exodus's revenue streams and build a recurring earnings base aligned with the everyday use of digital dollars [3]. Group 4: Future Capabilities - The infrastructure will enhance capabilities for enterprise clients, enabling features like embedded programmable payouts and turnkey card issuance [3]. - The announcement follows a previous acquisition of Grateful, a stablecoin payments orchestrator, indicating a strategic focus on expanding stablecoin-powered payment solutions [3].
U.S. Bank selected to provide custody services for reserves backing payment stablecoins from Anchorage Digital Bank
Businesswire· 2025-10-08 15:30
Core Insights - U.S. Bank has been selected as the custodian for reserves backing Anchorage Digital Bank's payment stablecoins [1] - Anchorage Digital Bank is the only crypto-native bank in the U.S. with a federal charter, operating under the oversight of the Office of the Comptroller of the Currency (OCC) [1] - U.S. Bank is one of the largest global custodians in the nation, with capabilities extending into nearly 100 financial markets worldwide [1]