Visa has processed over $200 million in stablecoin settlements, but the payments giant says the technology is still in its infancy and awaits firmer regulatory guardrails before it can scale further. “It’s still early, but we do see real potential,” CEO Ryan McInerney said Tuesday during Visa’s fiscal Q2 2025 earnings call. “On the one
The company wants to preserve the purchasing power of idle cash under different market conditions. Key Takeaways Marti Technologies is allocating 20% of its cash reserves to digital assets, starting with Bitcoin. The allocation focuses on surplus cash, with the company’s core business operations and growth plans unchanged. Marti Technologies, an Istanbul-based ride app, is
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. On Wednesday in the U.S., the Securities and Exchange Commission announced
The crypto exchange is said to be preparing for a possible IPO as soon as next year. Key Takeaways Kraken is seeking to raise $500 million at a $15 billion valuation ahead of a potential IPO. The company targets a Q1 2026 public debut, pending regulatory clarity. Crypto exchange Kraken is seeking to raise $500
China’s official news agency, Xinhua, published statements by Chinese Vice Minister of Commerce Li Chenggang regarding economic contacts with the United States. Li stated that the trade teams of China and the US held comprehensive and constructive talks in line with the agreement reached during the leaders’ meeting on June 5. The statement stated that
Shares of Hyperscale Data (GPUS) rose as much as 12% Monday after the company confirmed it has begun acquiring XRP, following through on its previously announced plan to allocate up to $10 million into the token as part of a broader digital asset strategy. In a July 28 statement, the company said it views XRP
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. South Korea advances stablecoin regulation through competing parliamentary bills, Interactive Brokers explores customer stablecoin services, China’s money supply surge signals inflation risks, and PayPal revolutionizes cross-border payments with