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Crypto

Visa-led crypto card payments surge 230 percent year on year

Crypto card payments are growing rapidly, reshaping competition in the global payments industry. Onchain-based crypto card payments recently hit a record $7.8 billion, with Visa accounting for about 90 percent of transactions. PaymentScan data showed total crypto card payments have risen about 230 percent since May 2025 as users spend stablecoins held in wallets without bank transfers. Visa is expanding stablecoin-linked card programs with Bridge and moving toward onchain settlement.

Crypto

XRP efficiency debate rekindled, with some arguing speed matters more than locked liquidity

A debate has resurfaced in the XRP community over whether XRP can deliver high efficiency in cross-border payments without tying up large liquidity. A community figure, Eri, argued XRP’s edge lies in fast turnover that allows the same tokens to be reused quickly, citing Mexico-based exchange Bitso. Critics counter that speed alone cannot support global payment infrastructure without deep liquidity pools, warning of bottlenecks and slippage during surges in institutional demand.

Finance

Tether invests in fintech firm LemFi to expand USDT remittances in emerging markets

Tether is investing in fintech platform LemFi to expand remittances in emerging markets. LemFi plans to introduce USDT into payment systems where it operates and replace parts of traditional interbank remittance processes with stablecoin and blockchain-based settlement. The companies aim to speed up cross-border transfers and reduce operating costs. Tether CEO Paolo Ardoino said the investment reflects a shared vision prioritising speed, cost and transparency in moving funds across borders.