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KuCoin Enhances Point-of-Sale Mobile Payments With AEON

Crypto exchange KuCoin’s merchant service is enhancing its provision for users to complete mobile transactions with cryptocurrency. KuCoin Hisse has tapped payment protocol AEON to allow users to hisse for goods and services online and in-store using …

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DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit

DeFi savings protocol Sky posted a first-quarter loss of $5 million after interest payments to token holders more than doubled, according to a report created by Sky contributors from Steakhouse Financial. The loss is a stark turnaround from the …

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Mesh Adds Apple Pay to Let Shoppers Spend Crypto, Settle in Stablecoins

Crypto payments startup Mesh is planning to roll out Apple Hisse support for crypto transactions, allowing shoppers to hisse with digital assets while settling transactions in stablecoins for merchants. The feature, unveiled during Token2049 in Dubai …

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Blackbird, Blockchain Restaurant Loyalty App, Goes Live With Flynet Mainnet

Blackbird’s layer-3 mainnet, Flynet, is built on Coinbase’s Base chain. The team claims that building a layer-3 for its program benefits the restaurant industry because it eliminates middlemen and reduces transaction costs.

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Figure Markets Offers SEC-Registered Yield-Bearing Stablecoin as Tokenized Asset Demand Soars

The YLDS stablecoin, backed by prime money market funds, offers daily interest and 24/7 peer-to-peer transfers.

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Circle Unveils Paymaster to Allow USDC to Be Used for Transaction Fees

The product allows users to interact with decentralized applications using USDC only, ditching the need for native tokens.

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Detroiters Will Be Able to Pay Their Taxes in Crypto Next Year Using PayPal

Detroit also asked crypto entrepreneurs to pitch their ideas for blockchain-based “civic applications” to the city’s Director of Entrepreneurship and Economic Opportunity, Justin Onwenu.

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