Key Highlights OpenAI has launched ChatGPT Wallet to let its AI agents make payments on behalf of users. The payment feature was developed with American Express, Mastercard, and Visa. ChatGPT Wallet will initially be available only to Pro subscribers. OpenAI Launches ChatGPT Wallet for AI-Powered Payments OpenAI has launched ChatGPT Wallet, a payment feature designed ...
Key Highlights: OKX has launched a Mastercard-backed stablecoin card issued by WebBank for eligible U.S. customers, excluding residents in New York, Massachusetts, and select overseas territories. Cardholders can earn between 2% and 10% cashback in $USDG with Autopay enabled, alongside up to 10% APY on idle $USDG balances held in OKX Pay. The virtual card ...
Key Highlights SoFi shares climbed 9% in premarket trading on Tuesday following the release of its third-quarter earnings report. The digital financial services firm is scaling its digital asset ecosystem, becoming the first national bank to facilitate stablecoin settlements over Mastercard’s network via SoFiUSD. Management projects adjusted net revenue of $5.04 billion in 2026 and ...
Key Highlights Mexican fintech Orbi has joined forces with SoFi Tech Solutions and Mastercard to debut a crypto-linked payment card in Mexico. The card facilitates everyday spending by converting crypto balances into fiat currency at the point of sale, with merchants receiving payments in traditional currency. Cardholders can access both virtual and physical formats, as ...
Key Highlights SoFi becomes the first nationally chartered U.S. bank to settle debit and credit card transactions via blockchain on Mastercard’s global network, processing an estimated $25 billion annually through its SoFiUSD stablecoin. SoFiUSD is backed primarily by cash reserves, redeemable 1:1 for U.S. dollars, and overseen by the Office of the Comptroller of the ...
Mastercard’s engagement with Cardano signals potential collaboration rather than direct integration of the blockchain into the payments giant’s core platform. The development opens avenues for future use cases, though it stops short of an established institutional relationship. Should discussions progress into live payment applications, Cardano would gain a notable level of institutional recognition. Cardano’s Stablecoin ...
Nu Launches U.S. Banking and Global Stablecoin Products as Latin American Leader Expands North Latin America’s largest digital bank, Nu, officially entered the United States on September 10 with two distinct product lines: a domestic banking suite backed by Lead Bank and a separate global offering, Nu Global, that converts customer deposits into stablecoins. The ...
Ant International has partnered with Visa and Mastercard to develop common standards for identifying and monitoring AI agents as autonomous software takes on a larger role in global payments. The collaboration aims to create an interoperable “Know Your Agent” framework that lets merchants and payment providers verify which AI agents are behind transactions and whether ...
Mastercard is expanding its payments infrastructure to support a new generation of AI-powered shopping experiences. The company introduced Agent Connect as merchants prepare for customers who rely on digital assistants to discover products. One Integration for AI Agents, Platforms, and Payment Providers The service gives businesses a single integration for connecting with AI agents, digital ...