Circle opens Arc mainnet as it seeks an edge for USDC utility
Circle has scheduled the public launch of Arc for Sept. 16, giving USDC a network where the same dollar balance can fund both payments and transaction fees. That could remove a common obstacle to using stablecoins, giving Circle a possible way to attract…
Ripple’s university strategy is evolving from blockchain labs to XRP logos in packed stadiums
Ripple is extending XRP’s push into US college sports, adding Louisville to a campaign that has rapidly expanded since July. The crypto company said Monday it struck a partnership with Louisville Athletics that will give XRP prominent exposure around the…
Ethereum builders face a choice between locking up too much cash or relying on trusted brokers
During a Sept. 8–11 Lido discussion, Commit-Boost contributor Jason Vranek pointed out that builders supporting protocol-backed payments deal with costs from idle Ethereum, failed deliveries, and offers they wished to cancel. Those costs could make…
A new XRPL upgrade could concentrate XRP ownership inside banks instead of retail wallets
A proposed XRP Ledger (XRPL) upgrade could let banks and fintechs absorb XRP costs so customers never need to hold the token. The Sponsor amendment, based on the XLS-68 Sponsored Fees and Reserves proposal, would let a company pay account reserves and…
Circle’s Arc launch ties Wall Street firms to the network without making them its safety net
Circle is tying major financial institutions to its Arc blockchain as operators, investors, and future users ahead of its Sept. 16 mainnet launch. BlackRock, DTCC, Visa, Mastercard, and ICE are among 11 outside institutions Circle named as founding…
XRP holders could earn new yield, but getting out may take up to 60 days
Firelight is preparing to turn XRP-linked assets into capital that backs protection for DeFi users, offering holders a new source of yield in exchange for putting their collateral at risk. The Flare-based protocol lets holders deposit FXRP, an XRP-linked…
Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath
Coinbase’s new partnership with payments platform Moov gives community banks and credit unions a route to offer stablecoin services through the financial relationship they already have with businesses. The local institution can remain the customer’s…
Malicious bots are actively probing exposed Bitcoin payment servers to steal master administrative keys
Bitcoin payment processor BTCPay Server has warned that bots are probing exposed Lightning nodes for a potential route to administrative control. The activity follows a separate critical BTCPay vulnerability that attackers exploited a month ago to obtain…
Stablecoins make sending money easy until someone needs to spend it
When you send money to someone abroad, the confirmation on your phone is only your half of the transaction: the other half belongs to the person who has to use it. Their rent may be due in local currency. Their nearest cash collection point may be across…
US Bank moves USBDC across borders on Stellar, but only inside its own walls
U.S. Bank has completed a live cross-border payment pilot using USBDC, its proprietary U.S. dollar-backed stablecoin. The transaction demonstrated in a limited test that the lender could move its own token between bank entities on a public blockchain…