What Is PayFi? Stablecoins as Payment and Credit Infrastructure
PayFi is the label for stablecoin-based payment and credit rails, from on-chain lending to B2B settlement, that rebuilds traditional finance plumbing on faster rails.
107 stories mentioning it. Newest first.
PayFi is the label for stablecoin-based payment and credit rails, from on-chain lending to B2B settlement, that rebuilds traditional finance plumbing on faster rails.
ARK's CEO just split the original Bitcoin thesis in two: stablecoins handle the transactional utility Wood once forecast for $BTC, leaving Bitcoin to compete as a scarcer, institutionally-allocated…
A 9-3 Fed hold with three hawkish dissents reframes this week's labor prints as a referendum on whether the pause was justified, putting the $62,200 floor at risk.
Sending USDC, swapping to USDT, or paying with a crypto debit card can each trigger a taxable event. Here is how the rules actually work.
Banks and asset managers spent the day wiring stablecoins, tokenized dollars, and custody rails deeper into the plumbing, even as price action and ETF outflows told a much colder story.
Bitcoin is wedged at $64K while ETF outflows, EU sanctions and a stalled CLARITY Act test just how patient institutional money really is.
BTC past $66K, ETH whales staking nine-figure hauls, ETFs pulling $227M a day, and a $2.3B stablecoin bleed nobody seems to want to reconcile.
Bitcoin sits at $65K while a treasury unwind, a geopolitical shock, and a CLARITY Act stall collide; the tape is pricing what the headlines never quite did.
Bitcoin sits near $66K with ETF inflows intact while $2.3B leaves stablecoins and the Fed's hiking odds climb to 62%. The liquidity picture is more split than the price.
A wallet-firmware exploit and a $1.17B put overhang weigh on BTC as Coinbase reports non-BTC revenue hit 88% of the mix.
USDC issuance, a $53B PayPal bid, and cross-border rules all arrived on the same day. The through-line isn’t CPI. It’s the rails.
Spot ETFs bled for ten straight days, then printed their biggest inflow since May. Whales bought $16.7B while public companies crossed 6% of supply. The tape says relief. The order book says no.
The Travel Rule requires sender and recipient data on crypto transfers above $1,000. Stablecoins are the main target because they are traceable and freezable by design.
Spot products keep printing inflows into a tape that cannot hold a bid. The contradiction is the signal, and it points to who is actually in control of this market.
A 32% first-half drawdown, a sub-1 mNAV, and $1B of longs liquidated: the Bitcoin thesis is being audited by its own instruments.
Most retail holders cannot redeem stablecoins directly with the issuer. The dollar price works only above minimums, and the rules vary by token, jurisdiction, and bank partner.
Larry Fink calls the leverage cleaned out while ETFs bleed $8B then claw back $287M, a textbook reminder that Bitcoin now trades on the same tape as gold and the dollar.
A federal charter for USDC and a Uniswap burn vote signal where crypto wants to go, while $8.8B in altcoin outflows shows where it actually is.
Circle's empire takes a direct hit from BlackRock, Visa, and Stripe just as Bitcoin caps its worst month since 2022. The tape read it as regime change.
Circle mints, Tether shuffles, and State Street launches a reserve fund — beneath the ETF noise, the dollar rails are being rebuilt.