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Project Overview
Alchemy Pay is a payment solutions provider that connects the fiat and crypto economies for global consumers, merchants, developers, and institutions.
Peso Completes Pre-Seed Round, Led by Tether
Peso has announced the completion of its Pre-Seed funding round, led by Tether. Peso is a Bolivian fintech company that offers a USDT account integrating savings, spending, investing, and cross-border transfers. It connects to the Bolivian banking system through QR codes and the ACH payment network, supporting exchanges between stablecoins and local fiat currency. Peso has integrated USDT payments into the digital services platform Yango, allowing users to pay for food delivery orders directly within the app. The funds from this round will be used to expand Peso's local fiat on-ramp and off-ramp channels in Bolivia, Brazil, Colombia, and Argentina, as well as to build a merchant-facing POS payment network and virtual account infrastructure.
Binance US seeks to raise $100 million in funding at a target valuation of approximately $1 billion, down about 78% from its 2022 valuation
U.S. cryptocurrency trading platform Binance US is seeking to raise up to $100 million in funding at a target valuation of approximately $1 billion. This valuation represents a decline of about 78% from its $4.5 billion valuation prior to its previous funding round in 2022.Binance US raised over $200 million in 2022, with investors including Foundation Capital, RRE Ventures, Circle Ventures, and VanEck. The platform is working to rebuild its market share by reducing fees, launching new products, and expanding its U.S. business coverage.Binance US plans to expand to all 50 U.S. states and apply for a derivatives license to explore perpetual futures, prediction markets, and other financial services. The platform restored USD deposits and withdrawals via ACH transfers in February 2025, and CEO Stephen Gregory assumed office in March 2026. (Bitcoin.com News)
Bitget Wallet Launches USD/EUR Virtual Accounts, Enabling Account Opening Without US or EU Identity
Odaily Report: Bitget Wallet has officially launched its Virtual Account feature, allowing users to open a real USD or EUR account for free within the wallet without requiring US or EU residency status, enabling them to directly receive salaries, freelance income, and cross-border remittances.The feature is supported by licensed banking partner Noah for compliance, is globally available, and can be set up within minutes after completing KYC. It supports major receiving channels including ACH, Fedwire, SWIFT, and SEPA, with fees significantly lower than traditional remittance services. After users transfer USD or EUR to the virtual account, incoming funds are automatically and instantly converted to stablecoins, which can be directly used for wealth management within the wallet, crypto card spending, and QR code payments.This move marks Bitget Wallet's payment ecosystem extending from the "spending side" to the "receiving side," building a complete monetary account system covering receiving, savings, wealth management, and spending. Currently, Bitget Wallet serves over 100 million users globally, and the launch of virtual accounts is a key step in advancing its Everyday Finance strategy, aimed at bringing bank-grade receiving capabilities into the self-custody wallet ecosystem.
Binance US seeks to raise $100 million in funding at a target valuation of approximately $1 billion, down about 78% from its 2022 valuation
U.S. cryptocurrency trading platform Binance US is seeking to raise up to $100 million in funding at a target valuation of approximately $1 billion. This valuation represents a decline of about 78% from its $4.5 billion valuation prior to its previous funding round in 2022.Binance US raised over $200 million in 2022, with investors including Foundation Capital, RRE Ventures, Circle Ventures, and VanEck. The platform is working to rebuild its market share by reducing fees, launching new products, and expanding its U.S. business coverage.Binance US plans to expand to all 50 U.S. states and apply for a derivatives license to explore perpetual futures, prediction markets, and other financial services. The platform restored USD deposits and withdrawals via ACH transfers in February 2025, and CEO Stephen Gregory assumed office in March 2026. (Bitcoin.com News)
Alchemy Pay Secures Michigan Money Transmitter License, U.S. Licensed States Increase to 19
According to PR Newswire, Alchemy Pay announced that it has obtained the Money Transmitter License (MTL) in Michigan, United States, increasing the number of states where it holds relevant licenses in the U.S. to 19. This approval further expands its compliant payment network in the United States and enhances its ability to conduct two-way exchanges between fiat currency and crypto assets, payment processing, and related services.
“New Stock God” Serenity: Fake Information Network Targeting SIVE Discovered, to Be Reported to SEC for Investigation
“New Stock God” Serenity posted that it recently discovered a "bot farm" consisting of dozens of accounts, which have been continuously spreading false information about SIVE over the past few days.Serenity stated that these accounts had previously participated in marketing activities for some Asian projects, including Alchemy Pay, and may be newly purchased X platform accounts. The relevant accounts have had low historical activity, but recently intensively posted negative content about selling SIVE holdings, repeatedly advising other investors to sell. It also noted that some accounts were found to be using AI to generate negative comments.Serenity stated that due to the traceable records of the related activities, it plans to submit the relevant information to the U.S. Securities and Exchange Commission (SEC) for investigation, and reminds market participants to be cautious of unverified sources of information.
Alchemy Chain Mainnet Launches, Positioned as a Layer 1 Network for Stablecoin Payments
According to an official announcement, Alchemy Pay stated that the Alchemy Chain mainnet has officially launched. Positioned as a payment-centric Layer 1 blockchain, the network targets real-world stablecoin transactions and claims to be the world’s first global stablecoin payment network compliant with both EU and Hong Kong regulatory frameworks. Alchemy Pay says Alchemy Chain offers predictable fees, fast settlement, and scalability, and is powered by the ACH token.
MoonPay Launches Virtual Accounts in New York to Expand Enterprise Stablecoin Payment Infrastructure
MoonPay, a cryptocurrency payment network, announced that its Iron platform has officially launched virtual account services in New York State, enabling fintech companies, crypto platforms, neobanks, and financial institutions to integrate compliant fiat-to-stablecoin infrastructure. This launch follows MoonPay’s 2025 acquisition of Iron, an enterprise-grade stablecoin infrastructure platform. Users can receive funds via ACH, wire transfer, SWIFT, and other channels, with automatic conversion into stablecoins settled directly into non-custodial wallets. In the same year, MoonPay obtained New York State Department of Financial Services (NYDFS) licenses—including a BitLicense, a money transmitter license, and a limited-purpose trust charter.
ether.fi, with over $6 billion in assets under management, integrates MoonPay's full payment infrastructure
Odaily News: ether.fi has announced a partnership with MoonPay to migrate its core payment infrastructure to MoonPay's integration stack, enabling deposits, on-chain transfers, and withdrawals under a self-custody model. The two parties will launch four products: Headless Ramps for UI-free on-ramp and off-ramp, Trade for cross-chain swaps and routing, Enterprise for corporate-grade virtual accounts supporting ACH, SWIFT, and SEPA, and crypto top-ups. Following the integration, users will only need to complete identity verification once.ether.fi disclosed that its card processed $123.7 million in spending in September across 1.5 million transactions, representing a more than 5x year-over-year increase; cumulative spending from April 2025 to date has reached $918.1 million, with platform assets under management exceeding $6 billion.
Block updates Bitcoin roadmap, with multiple features already launched across its products
Bitcoin News announced on X platform that @BitcoinatBlock has updated its Bitcoin roadmap, having rolled out multiple features across its products over the past year. Recently launched features include: - Cash App supports Bitcoin purchases via ACH. - More readable Bitcoin addresses. - Dollar payments via the Lightning Network. - Square merchants support Bitcoin payments and Tap to Pay. - 5% Bitcoin cashback. - Increased withdrawal limits and reduced fees. - Open-source mining management through Proto. Features currently in development include: automatic withdrawals to Bitkey, Coin Control, multi-account support, and multi-beneficiary inheritance.
Bitget Wallet Launches USD/EUR Virtual Accounts, Enabling Account Opening Without US or EU Identity
Odaily Report: Bitget Wallet has officially launched its Virtual Account feature, allowing users to open a real USD or EUR account for free within the wallet without requiring US or EU residency status, enabling them to directly receive salaries, freelance income, and cross-border remittances.The feature is supported by licensed banking partner Noah for compliance, is globally available, and can be set up within minutes after completing KYC. It supports major receiving channels including ACH, Fedwire, SWIFT, and SEPA, with fees significantly lower than traditional remittance services. After users transfer USD or EUR to the virtual account, incoming funds are automatically and instantly converted to stablecoins, which can be directly used for wealth management within the wallet, crypto card spending, and QR code payments.This move marks Bitget Wallet's payment ecosystem extending from the "spending side" to the "receiving side," building a complete monetary account system covering receiving, savings, wealth management, and spending. Currently, Bitget Wallet serves over 100 million users globally, and the launch of virtual accounts is a key step in advancing its Everyday Finance strategy, aimed at bringing bank-grade receiving capabilities into the self-custody wallet ecosystem.
Peso Completes Pre-Seed Round, Led by Tether
Peso has announced the completion of its Pre-Seed funding round, led by Tether. Peso is a Bolivian fintech company that offers a USDT account integrating savings, spending, investing, and cross-border transfers. It connects to the Bolivian banking system through QR codes and the ACH payment network, supporting exchanges between stablecoins and local fiat currency. Peso has integrated USDT payments into the digital services platform Yango, allowing users to pay for food delivery orders directly within the app. The funds from this round will be used to expand Peso's local fiat on-ramp and off-ramp channels in Bolivia, Brazil, Colombia, and Argentina, as well as to build a merchant-facing POS payment network and virtual account infrastructure.
ether.fi, with over $6 billion in assets under management, integrates MoonPay's full payment infrastructure
Odaily News: ether.fi has announced a partnership with MoonPay to migrate its core payment infrastructure to MoonPay's integration stack, enabling deposits, on-chain transfers, and withdrawals under a self-custody model. The two parties will launch four products: Headless Ramps for UI-free on-ramp and off-ramp, Trade for cross-chain swaps and routing, Enterprise for corporate-grade virtual accounts supporting ACH, SWIFT, and SEPA, and crypto top-ups. Following the integration, users will only need to complete identity verification once.ether.fi disclosed that its card processed $123.7 million in spending in September across 1.5 million transactions, representing a more than 5x year-over-year increase; cumulative spending from April 2025 to date has reached $918.1 million, with platform assets under management exceeding $6 billion.
The Infini App supports opening personal virtual accounts, allowing users to deposit and withdraw fiat currency via bank transfers
Odaily News: Infini posted on the X platform that its App now supports users in opening personal virtual accounts and allows them to deposit and withdraw fiat currency via bank transfers. USD virtual accounts are provided by Lead Bank, N.A., supporting ACH, Wire, FedNow, and RTP networks; EUR virtual accounts are provided by Banking Circle S.A., supporting the SEPA network.
Column Launches Bank-Native Stablecoin Infrastructure, Connecting USDC and USDT Directly to Bank Core Ledgers
Odaily News — Column, the bank founded by William Hockey, co-founder of U.S. fintech infrastructure giant Plaid, has officially launched bank-native stablecoin infrastructure. The solution integrates USDC and USDT directly into the bank's core system, placing stablecoin addresses and bank accounts on the same ledger, supporting 24/7 instant conversion between stablecoins and U.S. dollars, and connecting to payment networks including ACH, Fedwire, FedNow, RTP, and SWIFT.Public information shows that Plaid is a major U.S. provider of bank account connectivity and financial data APIs, offering bank account connection services to thousands of financial applications.
Block updates Bitcoin roadmap, with multiple features already launched across its products
Bitcoin News announced on X platform that @BitcoinatBlock has updated its Bitcoin roadmap, having rolled out multiple features across its products over the past year. Recently launched features include: - Cash App supports Bitcoin purchases via ACH. - More readable Bitcoin addresses. - Dollar payments via the Lightning Network. - Square merchants support Bitcoin payments and Tap to Pay. - 5% Bitcoin cashback. - Increased withdrawal limits and reduced fees. - Open-source mining management through Proto. Features currently in development include: automatic withdrawals to Bitkey, Coin Control, multi-account support, and multi-beneficiary inheritance.
Related news
Bitget Wallet Launches USD/EUR Virtual Accounts, Enabling Account Opening Without US or EU Identity
Odaily Report: Bitget Wallet has officially launched its Virtual Account feature, allowing users to open a real USD or EUR account for free within the wallet without requiring US or EU residency status, enabling them to directly receive salaries, freelance income, and cross-border remittances.The feature is supported by licensed banking partner Noah for compliance, is globally available, and can be set up within minutes after completing KYC. It supports major receiving channels including ACH, Fedwire, SWIFT, and SEPA, with fees significantly lower than traditional remittance services. After users transfer USD or EUR to the virtual account, incoming funds are automatically and instantly converted to stablecoins, which can be directly used for wealth management within the wallet, crypto card spending, and QR code payments.This move marks Bitget Wallet's payment ecosystem extending from the "spending side" to the "receiving side," building a complete monetary account system covering receiving, savings, wealth management, and spending. Currently, Bitget Wallet serves over 100 million users globally, and the launch of virtual accounts is a key step in advancing its Everyday Finance strategy, aimed at bringing bank-grade receiving capabilities into the self-custody wallet ecosystem.
Peso Completes Pre-Seed Round, Led by Tether
Peso has announced the completion of its Pre-Seed funding round, led by Tether. Peso is a Bolivian fintech company that offers a USDT account integrating savings, spending, investing, and cross-border transfers. It connects to the Bolivian banking system through QR codes and the ACH payment network, supporting exchanges between stablecoins and local fiat currency. Peso has integrated USDT payments into the digital services platform Yango, allowing users to pay for food delivery orders directly within the app. The funds from this round will be used to expand Peso's local fiat on-ramp and off-ramp channels in Bolivia, Brazil, Colombia, and Argentina, as well as to build a merchant-facing POS payment network and virtual account infrastructure.
Binance US seeks to raise $100 million in funding at a target valuation of approximately $1 billion, down about 78% from its 2022 valuation
U.S. cryptocurrency trading platform Binance US is seeking to raise up to $100 million in funding at a target valuation of approximately $1 billion. This valuation represents a decline of about 78% from its $4.5 billion valuation prior to its previous funding round in 2022.Binance US raised over $200 million in 2022, with investors including Foundation Capital, RRE Ventures, Circle Ventures, and VanEck. The platform is working to rebuild its market share by reducing fees, launching new products, and expanding its U.S. business coverage.Binance US plans to expand to all 50 U.S. states and apply for a derivatives license to explore perpetual futures, prediction markets, and other financial services. The platform restored USD deposits and withdrawals via ACH transfers in February 2025, and CEO Stephen Gregory assumed office in March 2026. (Bitcoin.com News)
ether.fi, with over $6 billion in assets under management, integrates MoonPay's full payment infrastructure
Odaily News: ether.fi has announced a partnership with MoonPay to migrate its core payment infrastructure to MoonPay's integration stack, enabling deposits, on-chain transfers, and withdrawals under a self-custody model. The two parties will launch four products: Headless Ramps for UI-free on-ramp and off-ramp, Trade for cross-chain swaps and routing, Enterprise for corporate-grade virtual accounts supporting ACH, SWIFT, and SEPA, and crypto top-ups. Following the integration, users will only need to complete identity verification once.ether.fi disclosed that its card processed $123.7 million in spending in September across 1.5 million transactions, representing a more than 5x year-over-year increase; cumulative spending from April 2025 to date has reached $918.1 million, with platform assets under management exceeding $6 billion.
Paid's fee claims reached $1.54 million in the past 24 hours, 26 times that of the previous day
Paid posted on X stating that fees claimed through Paid over the past 24 hours reached $1.54 million, 26 times that of the previous day and exceeding the total of the prior 7 days combined.Additionally, due to surging demand and weekend ACH deposits not yet having arrived, Paid has temporarily set a daily payout limit of $750 per person, with normal payouts expected to resume once ACH funds arrive on September 28.
The Infini App supports opening personal virtual accounts, allowing users to deposit and withdraw fiat currency via bank transfers
Odaily News: Infini posted on the X platform that its App now supports users in opening personal virtual accounts and allows them to deposit and withdraw fiat currency via bank transfers. USD virtual accounts are provided by Lead Bank, N.A., supporting ACH, Wire, FedNow, and RTP networks; EUR virtual accounts are provided by Banking Circle S.A., supporting the SEPA network.