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Venmo Introduces Crypto Transfers for Friends, Family, and External Wallets
Venmo has announced the introduction of a new feature allowing customers to transfer cryptocurrencies to friends and family on Venmo or PayPal, as well as to other wallets and exchanges in the crypto ecosystem. Crypto transfers will be rolled out to Venmo customers in the coming weeks, starting in May 2023. Over the past 12 months, more than 74% of Venmo crypto customers have continued to hold their crypto in their Venmo account.
The new feature enables users to transfer crypto easily through the Venmo app by navigating to the Crypto tab, viewing their coins, and choosing to send crypto either to a Venmo account or to an external wallet by entering the recipient’s wallet address. Customers can also receive crypto by displaying their unique crypto address QR code, which can be shared with others.
Since launching the ability to buy, hold, and sell crypto in 2021, Venmo has added features such as Cash Back to Crypto for Venmo Credit Card customers and real-time price alerts for tracking cryptocurrency prices. Venmo plans to continue rolling out additional crypto products and services in the coming year.
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tGBP Listed on Coinbase
Coinbase, the world’s most trusted crypto exchange, today announced the listing of tGBP, a fiat-backed stablecoin denominated in British Pounds. This initiative is a core component of Coinbase’s international expansion strategy to support local currency stablecoins, advancing the mission to create a more open, accessible, and efficient global financial system.
Paytently Adds Stablecoins via BVNK to Accelerate Global Payments
Paytently has partnered with BVNK to enable stablecoin-based settlement and prefunding for its business customers
Plasma and Ramp Partner to Bring Stablecoins Into Payroll and Spend Through Plasma One
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Nium and Coinbase Partner to Power Global Stablecoin Payments and Settlement
Nium, the global infrastructure leader for real-time cross-border payments, today announced a partnership with Coinbase to enable USDC stablecoin payments across its platform. The integration is now live and available to Nium's clients, with Coinbase serving as the stablecoin payments and liquidity infrastructure, wallet provider and regulated custodian. Nium clients can now send and receive stablecoins and convert stablecoin to fiat for payouts – giving businesses a single, unified platform to transact across both onchain and fiat rails.
ZIGChain and Beehive Partner to Bring UAE SME Credit Onchain
ZIGChain, the blockchain built to bring regulated investment products onchain for institutions and everyday users, today announced a strategic partnership with Beehive, the Middle East’s pioneering digital SME lending platform, to explore the tokenization of private credit opportunities on ZIGChain’s network.
bunq Surpasses €100m Traded in First Year of Offering Crypto
bunq marked 1 year since the launch of bunq Crypto in April 2025, surpassing €100 million across half a million trades
BurjX Expands Stablecoin Infrastructure Under ADGM Regulation
BurjX, the UAE-born digital asset brokerage and custodian licensed by the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, today announced an enhancement to its service offering, further expanding how clients use stablecoins across multiple blockchain networks in connection with its regulated activities.
TSAM London: Finastra Talks Operational Efficiency and Achieving Seamless Connectivity
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A Decade (Plus!) of Innovation: IFGS 2026 Proves the UK is Still the Beating Heart of Global Fintech
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Ethos Collaborates with Liberty Mutual to Deliver a Modern, Digital-First Life Insurance Experience
Ethos and Liberty Mutual Insurance, announced they are working together to expand the reach of Liberty Mutual's direct-to-consumer life insurance offering
Simply Business Launches Insurance App for Small Businesses in ChatGPT in the U.S.
Simply Business, a digital insurance marketplace for small businesses, announced the launch of its business insurance app in ChatGPT in the U.S
Germany’s Akbank AG Successfully Completes First Phase of Core Banking Migration to Mambu in Partnership With Innovance
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Hippo Appoints its EVP & Chief Strategy Officer Stewart Ellis to Its Board of Directors
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