Wirex has joined Visa’s Agentic Ready programme to help test how artificial intelligence agents can initiate and complete payments using stablecoins. According to an announcement from Wirex, the company will participate as an issuer in Visa’s new initiative, which is…
On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new post on X, CryptoQuant analyst Maartunn has discussed the latest trend in the RSI of the Bitcoin SSR. The “SSR” is an on-chain indicator that measures the ratio between the market cap of BTC and the combined valuation of all stablecoins. Related Reading: XRP Could Offer Major Buying Opportunity At $0.90, Analyst Says Stablecoins, digital assets that have their price pegged to a fiat currency, serve a different purpose in the sector than volatile assets like BTC. Generally, investors store their capital in the form of stablecoins whenever they want to avoid the volatility associated with other cryptocurrencies. These holders tend to eventually venture back into BTC and other coins, and when they do, they swap their stables in favor of them. Because of this, st
The settlement's approval could reshape merchant-card network dynamics, but concerns about duopoly control and fee structures persist.
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Pi App Studio opens Pi Network’s 60M+ user gateway for vibe coders and AI app builders with wallet, payments, and ad tools. Pi App Studio is opening a new user gateway for vibe coders and AI app builders. The campaign invites creators to bring AI-made apps into Pi Network’s utility ecosystem, where the project says […]
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Stricter oversight on stablecoins could reshape the market, potentially favoring well-capitalized firms and impacting smaller issuers.
The post Peter Schiff challenges Jamie Dimon’s call for bank-level oversight of crypto firms appeared first on Crypto Briefing.
Reports indicate that some of the payments could have been made in stablecoins, particularly Tether’s USDT, the largest stablecoin by market capitalization. The U.S. OFAC has warned that maritime companies executing such payments might be affected by upcoming sanctions. Iran Claims Hormuz Toll Booth Yields up to $2 Million Per Ship, Some Payments Made Using […]