Global insurance broker Aon tests stablecoin payments with Coinbase, Paxos
The firm used USDC on Ethereum and PayPal USD on Solana for insurance premium payments, testing how stablecoins could reshape settlements.
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The firm used USDC on Ethereum and PayPal USD on Solana for insurance premium payments, testing how stablecoins could reshape settlements.
The shift comes as stablecoins surge in popularity and competitors like Stripe and PayPal add stablecoin options, increasing market pressure.
The stablecoin issuer used its Mint platform for intercompany transfers, replacing bank wires that often take days to settle, CEO Jeremy Allaire said.
Using blockchain technology, tokenization is creating a new, always-on investment market, giving people worldwide easy and fractional access to wealth-building assets.
The World Liberty Financial co-founder and presidential son posted about the ongoing negotiations on stablecoin yield on Wednesday.
U.S. President Donald Trump said in a post on Truth Social that the banking industry is trying to undermine the stablecoin bill he signed into law last year.
In its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose growing risks through peer-to-peer transfers.
The stock has risen about 20% since the U.S. strikes on Iran over the weekend.
Christian Catalini warns that corporate-led blockchains like Stripe’s Tempo and Circle’s Arc risk repeating the compromises that doomed Libra’s open vision.
The chain’s stablecoin-first design aims to handle global payouts, microtransactions, remittances and AI agentic payments, Stripe CEO Patrick Collison said.