India's Unified Payments Interface (UPI) recorded its highest-ever monthly transaction value of Rs 29.88 lakh crore and 23.66 billion transactions in July, demonstrating sustained growth. The platform, now operational in 10 countries, is strengthening India's digital payments ecosystem and global fintech standing.
Visa Onchain Analytics reported that Base processed $565 billion in adjusted stablecoin transactions in June, narrowly surpassing Ethereum's $562 billion. This highlights a shift towards Layer-2 networks for real settlement activity, moving beyond raw volume metrics.
Stablecoin transaction volume reached a record $1.79 trillion in June, a 63% increase from May, according to Visa. USDC dominated volume, while Base and Ethereum were the most used networks, indicating growing real-world use despite a crypto bear market.
An investigation into illegal betting sites has led to detention orders for 44 suspects. Their accounts processed 15 billion Turkish Lira between 2023-2025. Assets including 29 properties and 362 bank accounts were seized.
China's yuan-denominated cross-border payment system hit a record transaction volume in early April. Analysts believe the yuan is close to surpassing the euro for the second-place spot in global exchanges, with the central bank governor noting its rise as a global payment and trade finance currency.
The XRP Ledger (XRPL) faces a surge in fraud attempts, including fake airdrops and impersonation scams, as it attracts more institutional activity and higher transaction volumes, with warnings issued by David Schwartz and the XRP Ledger Foundation.
Hyperliquid, EdgeX and Pump.fun returned a combined $96 million to token holders in 30 days, as the crypto community shifts its focus from transaction volumes to real earnings.
Hyperliquid, EdgeX and Pump.fun returned a combined $96 million to token holders in 30 days, as the crypto community shifts its focus from transaction volumes to real earnings.
