Payment
Polygon Completes Coinme Acquisition to Enter the Stablecoin Payments Market
Polygon Labs has completed its acquisition of U.S.-regulated crypto payments provider Coinme, seeking to build a broader payments-processing business around stablecoins, fiat conversion and cash on- and off-ramps. The move places Polygon in direct competition with established payment platforms such as Visa and Stripe while its unified payments platform remains in technical preview.
XDC Adds Concordium Identity Verification for AI Agents
XDC Network is integrating Concordium as the identity verification provider for XDC AI, allowing agents to prove that they are backed by a verified individual or business without publicly exposing the owner’s identity. The move addresses accountability as autonomous agents gain access to wallets and payment functions.
Ramp Reaches a $60 Billion Valuation as It Pushes AI Deeper Into Corporate Finance
Corporate spending platform Ramp says it has raised $1.85 billion at a $60 billion valuation, while annualized revenue has surpassed $2 billion. The company is expanding from expense management into payments, procurement, accounting and AI infrastructure services.
Google Brings Cross-Retailer Universal Cart and Checkout to Search and Gemini
Google has launched Universal Cart in the United States, allowing users to collect products from multiple retailers in Search and Gemini, receive price and availability alerts, and complete checkout through Google Pay. The product links Google’s AI shopping strategy with its broader push to make agentic commerce interoperable through the Universal Commerce Protocol.
Former PayPal Executive Says Agentic Payments Require a New Authorization and Settlement Layer
As AI agents begin to act on behalf of users, payment systems built around apps, checkout pages and confirmation buttons may no longer fit every transaction. The central challenge will be establishing verifiable authorization, liability and settlement rules when no person is manually approving each payment.
Bitcoin-Native Life Insurer Meanwhile Raises $37.5 Million to Target Cross-Border Wealth Transfer
Bitcoin-native life insurer Meanwhile has raised $37.5 million in a round led by Bain Capital Crypto, bringing total funding above $180 million. The Bermuda-licensed company is targeting wealthy clients outside the United States with policies that use bitcoin for premium payments and death-benefit denomination.
Visa Survey Finds Rising APAC Interest in Stablecoin Payments, but Only 6% Understand Them
A Visa survey of 14,250 people across Asia-Pacific found that 46% may use stablecoins within five years, compared with 16% who used them in the past year. Yet only 6% accurately understood how stablecoins work, leaving fraud concerns, regulatory uncertainty and limited consumer education as major barriers to adoption.
EU Regulator Gives Crypto Platforms Three Months to Restrict Unauthorized Stablecoins
The European Securities and Markets Authority has told national regulators to ensure authorized crypto platforms stop allowing EU customers to trade or increase exposure to stablecoins that do not meet MiCA requirements. Existing holdings may still be sold, converted, withdrawn, transferred or safeguarded on a limited basis while regulators oversee their resolution within three months.
Samsung Wallet to Add USDC Cross-Border Transfers With Solana and Sui Support
Samsung plans to introduce USDC cross-border transfers for eligible Galaxy users in the United States from the last week of October. The service will support transfers to compatible wallets and bank accounts in more than 60 countries, with Solana and Sui providing network infrastructure and Coinbase Prime Vault handling custody.