The crypto center of gravity goes from speculation to services. PayPal opens the door to the transfers of cryptocurrency between peers (P2P), based on its growing presence in digital assets. Its stablecoin, Pyusd, has already exceeded $ 1 billion in market capitalization.
Google pilots a payment protocol designed for AI agents, with integrated care for stablescoins – highlighting the role of the slandered crypto could play in the emerging web economy.
Meanwhile, Bitcoin minors are faced with more strict margins in the increase in costs, higher difficulty and increasing competition levels. However, several companies thrive by rotating data center and AI infrastructure, sending their higher stock market courses in recent weeks.
This week’s crypto-biz covers the P2P deployment of Paypal, the changing economy of Bitcoin operations, the payment initiative of the Open-Source of Google and the Bitwise offer for a new fund negotiated on the stock market (ETF) focused on stablecoins and tokenization.
Paypal deploys Crypto P2P transfers with a new “Links” feature
Paypal expands its peer offers with a new feature that allows users to send us and receive cryptocurrencies directly in Paypal and Venmo, without relying on external exchanges.
The service, called Paypal Links, generates punctual links in the application that can be shared by SMS, e-mail or cat. The function will extend to Venmo, allowing direct transfers of cryptocurrencies and Paypal stablecoin, Pyusd, between users.
For American customers, Paypal said that Crypto-friend and personal family transfers will not trigger tax reports of 1099-k, although other types of cryptographic transactions can always be taxable
Deployment is part of Paypal World, the company’s interoperability framework aimed at connecting portfolios and payment systems through its ecosystem.
Bitcoin minors surpass BTC
The actions of several large Bitcoin mining companies surmounted last month, even if the Bitcoin price (BTC) slipped, reflecting the optimism of investors in minors rising beyond the crypto in the data centers and the infrastructures of AI.
According to the latest report in the MIG mine industry, public minors, including Cipher Mining (CIFR), Terawulf (Wulf), Bitfarms (BitF), Hive Digital Technologies (Hive) and Iris Energy (IREN) won at least 73% in the last month. During the same period, Bitcoin bordered below.
The rally occurs despite the opposite winds of the industry such as the more strict beneficiary margins and the increase in operating costs, partly driven by the growing difficulty of Bitcoin. The next difficulty adjustment should climb 4.1%, which, according to the mine, would mark the first era with an average hashrate above a Zetahash.
Google launches an open source AI payment protocol with Stablecoin support
Google has unveiled a new open source protocol allowing AI agents to accept payments, developed in partnership with Salesforce, American Express and other large companies. A key characteristic of the system is the management of stablecoin transactions, highlighting the growing role of digital active ingredients with a dollar in the emerging economy focused on AI.
Stablecoin’s feature was created in collaboration with Crypto Exchange Coinbase. The Ethereum Foundation was also consulted on the project.
This initiative is based on the existing agent2Agent2AGENT protocol of Google, designed to improve communication between AI agents. The payment protocol has already attracted the support of more than 50 technological partners, including Paypal and Salesforce.
Eyes bit-in-eyes stablecoin, tokenization andf
Crypto Asset Manager Bitwise has been deposited to launch a new negotiated stock exchange focused on stablescoins and tokenization, aimed at capturing the growing segments of the blockchain.
According to a file with the Securities and Exchange American Commission (SEC), the proposed fund would follow an index of companies involved in the sector – including stablecoin issuers, payment processors, crypto exchanges and other industry players. The ETF cryptographic asset sleeve will include regulated products in exchange with exposure to bitcoin and ether (ETH).
Stablecoins have become one of the largest use cases of the crypto, with more than $ 300 billion in traffic, according to CoinmarketCap. Meanwhile, tokenized active ingredients are gaining momentum, with heavy goods vehicles such as Blackrock and Franklin Templeton moving in space.
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