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Archive · May 28, 2026

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Story 01

Cash App Rolls Out USDC Stablecoin Transfers to 59 Million Monthly Users

Cash App has enabled USDC stablecoin transactions for its 59 million monthly users, integrating crypto payments directly into its core app. Cash App's move attracts crypto-native consumers and intensifies competition with PayPal and Venmo, both of which have expanded stablecoin support. Merchants and users now access a mainstream channel for stablecoin payments, which could accelerate USDC adoption in peer-to-peer and cross-border flows.

Source: Finextra
Also Worth Knowing
№02

Mastercard Wins New York BitLicense, Expanding Stablecoin and Digital Currency Services

Mastercard Transaction Services has secured a BitLicense from the New York State Department of Financial Services, clearing the way to support stablecoins and other digital currencies. This regulatory approval enables Mastercard to integrate digital assets into its global payments network, setting a compliance benchmark for other processors. Visa and Stripe may now seek similar regulatory approvals to ensure their digital currency offerings remain competitive in enterprise payments.

Source: Finextra
№03

United Texas Bank Secures National Charter to Bridge Crypto and Traditional Banking

United Texas Bank has received OCC approval for a national bank charter, aiming to serve as a bridge between the crypto sector and traditional finance. United Texas Bank aims to facilitate crypto-to-fiat transactions at scale, challenging both incumbent banks and fintechs in the race to serve institutional crypto flows. Other regional banks may now pursue similar charters to capture new revenue from digital asset custody and settlement.

Source: PYMNTS
№04

Robinhood Launches AI Agents for Automated Trades and Card Purchases

Robinhood has introduced AI agents that allow customers to automate trades and credit card purchases, embedding AI-driven decision-making into personal finance. This feature aims to boost user engagement and operational efficiency, raising the bar for automation in trading and neobank platforms. Competing fintechs will need to launch their own AI-powered automation features or risk losing tech-forward customers to Robinhood’s ecosystem.

Source: Finextra
№05

Samsung Invests $408 Million in Upbit Operator Dunamu to Deepen Digital Asset Push

Samsung units are acquiring a $408 million stake in Dunamu, the operator of South Korea’s leading crypto exchange Upbit, signaling a major corporate bet on digital assets. This investment strengthens Samsung’s foothold in the digital asset ecosystem and could prompt other tech giants, such as Apple or Google, to pursue direct investments or partnerships with crypto exchanges. The move also raises the stakes for local banks and fintechs as big tech asserts itself in digital finance.

Source: The Block
The Long Memory
“Despite the hype, only about 2% of global retail payments currently use stablecoins, highlighting the early stage of mainstream crypto adoption.

Filed under: Payments History · The Long Memory

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