Stripe and Swift Compete for Control of Next-Gen Digital Payments Infrastructure

·1 views

Stripe and Swift are emerging as key rivals in the race to dominate next-generation global payments infrastructure. Crypto and blockchain experts have noted that recent moves by both companies signal an intensifying competition. The two established financial firms are vying for control over the underlying systems that power digital payments worldwide. Industry observers say the developments this week highlight how traditional finance players are staking their claims in the evolving payments landscape.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Polymarket odds for CLARITY Act passage hit record low amid Senate stalemate

Prediction market bettors on Polymarket have pushed the probability of the CLARITY Act passing in 2025 to an all-time low. The decline reflects growing pessimism as Senate negotiations continue to stall over unresolved ethics provisions. Talks among senators have dragged on without a clear resolution, dampening confidence in the bill's near-term prospects. The CLARITY Act, which relates to cryptocurrency market regulation, now faces significant uncertainty over whether it can advance through the Senate this year.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Cardano shifts core development control to external teams in decentralization move

Cardano is transferring control of its core development infrastructure to outside teams as part of a broader decentralization effort. Input Output, the company behind Cardano, will hand over key components including the Haskell node, Plutus, and Hydra. Founder Charles Hoskinson has stated that the network needs to evolve and resume growth. The move signals a significant structural shift in how the Cardano blockchain is maintained and developed going forward.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Robinhood Eyes 10 Million Users for DeFi Push, but Memecoins Dominate Early Activity

Robinhood is making a major push to bring 10 million retail users onto decentralized finance platforms. The company believes its competitive edge lies in its large base of everyday, non-crypto-native customers. However, early on-chain activity from its users has been largely concentrated in memecoin trading rather than broader DeFi engagement. Meanwhile, Robinhood's original vision of tokenizing real-world assets remains limited in scale. The gap between the company's ambitions and current user behavior raises questions about the strategy's long-term success.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

SBI Group consolidates Coinhako, partners Ondo Finance in Asia digital asset push

Japan's SBI Group has announced the consolidation of Singapore-based cryptocurrency platform Coinhako into its operations. The move is part of a broader regional expansion strategy aimed at strengthening SBI's digital asset presence across Asia. The securities giant has also entered a tokenization partnership with Ondo Finance as part of this push. Together, these developments signal SBI's ambition to build a significant cross-border digital asset business in the region.

0 comments Read more at CoinDesk