AI Agents
At Consensus Miami, PayPal's May Zabaneh and Google Cloud's Richard Widmann declared AI agents structurally locked out of banking — making PYUSD, AP2, and multi-party custody the inevitable default stack for machine-to-machine commerce.
Learn
The Tillis-Alsobrooks compromise of May 1, 2026 drew a legal line that will reshape every stablecoin product in the US. Here's what it actually says, why banks pushed so hard for it, and what it means for your Coinbase rewards, PayPal PYUSD, and DeFi protocols like Aave.
Learn
AI agents can't fill out a Stripe form. This developer primer walks through agentic payments end-to-end: why stablecoins beat credit cards for autonomous software, how to pick USDC over USDT or PYUSD, how x402 and EIP-3009 actually work, a minimal TypeScript demo on Base, and a production risk ch...
Funding
Payward, Kraken's $20B parent, agreed to acquire Hong Kong stablecoin payments firm Reap Technologies for $600M — its first Asia infrastructure deal. Reap nearly tripled revenue in 2025 and spans HK, Singapore, Mexico, Africa. The move plants a regulated payments stack at the core of Kraken's pre...
Editor Pick
The first stablecoin wave was remittances and trading. The second wave belongs to machines. Three events this week — AWS × Coinbase × Stripe, CZ's BNB rail thesis, and Anchorage's 20-deep issuance queue — prove the machine settlement layer is no longer a whitepaper. It's infrastructure.
Editor Pick
Q1 2026: $394M GAAP loss, transaction revenue -40% YoY despite an all-time-high 8.6% market share. Two stories live inside one earnings print — the slow death of the trading-fee model and the early-stage emergence of a stablecoin-and-agent-infrastructure business that could be worth far more.
AI Agents
Amazon Web Services, Coinbase, and Stripe launched Amazon Bedrock AgentCore Payments on May 7 — the first managed cloud infrastructure letting autonomous AI agents pay for APIs, data, and services in USDC at 200ms finality. Here's why it rewires the entire agentic economy.
Web3
SoFi Bank is expanding its SoFiUSD fully reserved stablecoin from Ethereum to Solana, citing speed, cost, and transaction capacity advantages. The move is part of SoFi's Big Business Banking platform, which integrates fiat accounts, SoFiUSD, and crypto payments for banks, fintechs, and enterprise...
Web3
Western Union launched USDPT, its fully reserved US dollar stablecoin issued by Anchorage Digital Bank on Solana, on May 4. The pilot begins in Bolivia and the Philippines, with expansion to 40+ countries planned for 2026. USDPT enables 24/7 settlement between Western Union and its global agents ...
Web3
State Street Investment Management and Galaxy Digital have launched SWEEP — the State Street Galaxy Onchain Liquidity Sweep Fund — on Solana, allowing stablecoin holders (starting with PayPal USD) to move idle balances into an institutional yield-bearing vehicle. Ondo Finance anchors the product ...
Stablecoins
Tetra Trust launched CADD — Canada's first CAD-backed stablecoin issued by a financial institution — on Base, Ethereum, and Tempo, backed by Shopify, National Bank of Canada, Wealthsimple, ATB Financial, and Shakepay. The token targets 24/7 institutional settlement replacing legacy batch clearing.
Stablecoins
Western Union launched USDPT, a USD-backed payment stablecoin on Solana issued by Anchorage Digital Bank N.A., targeting cross-border payments in 40+ countries. The company also plans to launch Stable by Western Union, a consumer-facing product, later in 2026.