PayPay Lets Binance Visitors Spend Crypto at Japan Stores
The visitor-only rollout brings crypto-funded purchases to participating physical stores while merchants continue to receive yen.
Crypto payments — card rails, on/off-ramps, remittance corridors, and merchant adoption.
The visitor-only rollout brings crypto-funded purchases to participating physical stores while merchants continue to receive yen.
Funds reached Visa in under an hour, including over the weekend, giving the bank a test of settlement beyond standard banking hours.
Spending rose even as recorded transactions and active addresses edged lower, while Base captured 27.5% of tracked on-chain volume.
Autonomous software could need payments, settlement, identity and custody built for machine-to-machine activity, widening the AI investment case beyond models and applications.
The change redirects deposits and transaction proceeds, while separate migration steps for Funding balances and P2P users remain on different timelines.
The planned rollout starts with everyday payments, while survey results point to broad customer awareness of stablecoin uses across trading, transfers and remittances.
The planned stablecoin is set to begin with peer-to-peer and merchant payments, putting a major bank's digital-money ambitions in a practical payments setting.
The rollout puts USDT within reach at PayPay-supported merchants, extending stablecoin utility into everyday payments in one of the world’s largest economies.
Hayes's view makes direct convertibility into computing power the key test for a future agentic-payment currency.
The proposed clock applies to supervised issuers, not automatically to exchange customers, while at least $76B in stablecoins sits on centralized venues.
The shift separates Bitcoin’s role as a national reserve asset from the dollar-based blockchain rails aimed at everyday payments.
The free tool lets creators accept payments in supported coins and receive their chosen asset directly, without an account, merchant gateway or hosted balance.
The two services cover distinct flows, but Coinbase has disclosed no live client, transaction volume or eligibility details to show how widely either is being used.
The U.S. launch pairs bank account functionality with stablecoin payment rails, letting businesses use digital payments without directly managing stablecoins.
The arrangement pairs Coinbase’s blockchain rails with Citi’s settlement role, connecting corporate payment flows to stablecoins and bank accounts.
The threat is to banks’ low-cost funding: automated cash transfers could make households more responsive to yield differences, while crypto payment rails are already serving agentic finance.
The change reduces the need to keep separate native tokens on hand, making transactions across four major networks more accessible to USDT holders.
Allowing minting during the rescue window could avoid an on-chain distress signal, but it also leaves new buyers exposed to a reserve shortfall.
Ripple reports more than $100B in processed volume, but does not disclose how much settled in XRP, leaving the token-demand case unproven.
USDC trading on Binance has already roughly doubled since the companies first partnered, but Tether’s deeper liquidity and entrenched user habits remain formidable barriers.