Crypto Payments

Binance has sued Hong Kong-based RedotPay and its founders, alleging the stablecoin payments company diverted about 470,000 users and caused nearly $473 million in losses. RedotPay has rejected the claims as unfounded and says it will defend itself vigorously.

MetaMask has introduced Money Account, a new wallet feature that lets users earn variable yield on stablecoins, spend funds with the MetaMask Card and trade from one place. The move underscores MetaMask’s effort to turn stablecoins into a more practical tool for saving and daily payments.

GoMining has launched developer tools for its GoBTC Pay protocol, aiming to make bitcoin payments easier for merchants to integrate. The service stands out by settling transactions in bitcoin rather than converting to fiat by default.

Locus Founder is an AI agent designed to build and operate an internet business from a simple text prompt. The system also uses USDC settlements through a non-custodial wallet layer for autonomous payments.

Kraken parent Payward will acquire Hong Kong-based Reap Technologies in a $600 million deal as the crypto exchange expands its stablecoin payments infrastructure and Asia operations.