Polygon’s Shutdown Joke Draws Backlash as Nailwal Clarifies Intent
Polygon says it is not shutting down after a mock closure notice drew backlash. Nailwal says the joke targeted its critics, rather than Abstract's team.
The Digital Payments topic covers the technologies, networks, and financial infrastructure transforming how value moves in the digital economy. This section includes updates on stablecoin adoption, blockchain-based settlement systems, cross-border payment rails, merchant integrations, fintech partnerships, and the use of digital assets in everyday transactions. It highlights regulatory developments, enterprise solutions, payment protocol upgrades, and the increasing role of Web3 in modern payment flows. Readers gain insights into how blockchain is reshaping global commerce through faster, more transparent, and programmable payment methods.
Polygon says it is not shutting down after a mock closure notice drew backlash. Nailwal says the joke targeted its critics, rather than Abstract's team.
Cardano’s CIP-0113 standard is live on mainnet, enabling issuer-defined freezes, seizures and transfer rules for regulated tokens without changing ADA.
LG CNS launches KITL for stablecoins and tokenized assets, with five partnerships covering tokenization, compliance and blockchain connectivity.
Ripple Prime will provide Brevan Howard funds with prime brokerage, clearing and financing across digital assets and traditional markets.
Ether.fi USD will use Ethena Whitelabel for reserves, minting and redemption, building on more than $300 million in existing stablecoin balances.
Ripple’s Turkish strategy combines Garanti BBVA’s crypto custody platform with RLUSD access through BiLira, Bitexen and Bitlo.
The CFTC has opened a consultation on CTX and CAM, seeking an optional federal framework for eligible crypto exchanges while leaving a broader spot-market mandate to…
Utexo plans private USDT transfers and BTC/USDT swaps through RGB, with Lightning expansion to follow as wallet partners prepare for the rollout.
Bank of North Dakota’s Roughrider Coin is the first live deployment on Fiserv’s digital asset platform, with VersaBank handling issuance and reserves.
Visa, Mastercard and Stripe are among more than 200 Open Standard partners backing OUSD, whose model shares reserve income with participating businesses.