Banks and big financial firms keep trying to recreate blockchain from scratch, but that's like reinventing the wheel while ignoring the road already built. They can copy the code, hire consultants, and roll out permissioned systems behind closed doors. Yet no matter how polished their corporate bloc
Brian Armstrong, the head of Coinbase, just announced that users can now have their salaries sent straight into the platform. The move follows a request from a user back in January 2025, and Armstrong confirmed the feature is live on the company’s app. With this new tool, a paycheck or any chosen
Banks and crypto firms just teamed up to launch a fresh kind of dollar coin called fUSD. Unlike most stablecoins that sit idle without growing, this one gives big institutions a small cut—around 3% per year—if they play by specific rules. The coin is built on existing tech used by trading desks and
Banks today look nothing like they did even five years ago. What used to be slow, paperwork-heavy processes are now running on smart software. AI isn’t just helping banks—it’s doing much of the work itself. These "agentic" AI systems don’t just follow instructions; they make decisions on the spot, w
Banks are stepping away from some commodity payments because of worries about hidden ties to Iran. The result is a surge in the use of stablecoins, especially Tether’s USDT, by traders who need quick and reliable ways to move money. The global trade finance market is worth about $2 trillion, b
Brian Cox, the seasoned actor best known for his work in “Succession, ” sparked a heated discussion by openly criticizing several high-profile actors and filmmakers. In a recent interview, he called the celebrated actor Johnny Depp “overblown” and “overrated, ” noting that he felt relief when passin
Banks need three things from a blockchain that most public chains miss: the ability to keep parts of a transaction hidden, a reliable order of operations that can’t be hijacked by bots, and tools that let them prove compliance without broadcasting secrets. Public ledgers expose every move to anyo
Banks are testing ways to put their money onto blockchains, a move that could reshape how payments work. The idea is called tokenized deposits: digital tokens that represent real bank balances on a distributed ledger. These tokens are not just a new form of money; they stay tied to the bank’s own li
Banks and regulators have announced that digital versions of securities, known as tokenized securities, will be treated exactly like their conventional counterparts when it comes to capital requirements. The Federal Reserve, the FDIC, and the Office of the Comptroller of the Currency explained that
Brian Armstrong, the chief executive of Coinbase Global Inc. , used a post on X to highlight how digital currencies and tokenized assets can open doors for billions of people. He said these tools give a “level playing field” that helps anyone chase wealth, drawing on psychologist Jordan Peterson’s i
