Block, Inc.’s Cash App has added stablecoin payments to its roster of financial services. The financial services app now allows users to send and receive USDC on four blockchains: Ethereum, Solana, Polygon and Arbitrum. The company’s Bitcoin Product Lead, Miles Suter, said on X that “everything runs from your existing USD balance — no separate wallet, no managing multiple chains,…
-
-
SoFi Launches SoFiUSD Stablecoin on Its Banking App
Dollar-pegged stablecoin can be used to buy, hold, and pay in the SoFi app
SoFi Technologies announced today that it has made its SoFiUSD stablecoin available to its nearly 15 million members directly within its digital financial services app. It is the first time that a U.S. national bank-issued stablecoin is available directly within a banking app, the company said in a statement. SoFiUSD will operate on Ethereum and Solana, with more blockchains to…
-
Bitget Launches Reality RWA Platform in Tokenization Move
Reality will offer tokenized stocks and ETFs
Cryptocurrency exchange Bitget today announced the launch of Reality, a platform focused on tokenizing real-world assets (RWA), expanding its move into tokenization. Reality will begin by offering tokenized U.S. stocks and exchange-traded funds (ETF). Bitget called the launch a “key step” in its Universal Exchange (UEX) roadmap, which seeks to combine access to crypto, on-chain markets, and traditional assets like…
-
Paytrie Launches Canadian Dollar Stablecoin Remittances
CACD stablecoin to give Canadians a way to avoid U.S. dollar payments
Stablecoin infrastructure company Paytrie has launched what it claims is a first-of-its-kind Canadian dollar stablecoin remittance service. The service uses CACD, a Canadian-dollar stablecoin issued by Loon to deliver fast, affordable payments to countries around the world, starting with Mexico and Nigeria. That’s not to say that CACD is making the whole voyage to remittance recipients. Instead, Canadian users convert…
