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Social media platform X plans to incorporate financial services with direct payment and investment features this year. Linda Yaccarino, X's CEO, stated in an interview with Financial Times (FT) that "approximately 600 million X users will be able to use services including money transfers and investment management on the platform." According to reports, X is considering launching its own credit and debit cards by the end of this year.
2. Visa Explores Expanding Stablecoin Adoption in Africa
Visa announced through an official statement that it has partnered with African payment service provider Yellowcard Financial to accept stablecoin payments in Africa. Visa and Yellowcard plan to provide stablecoin payment services in at least one African country this year, with full service expansion targeted for 2026.
3. Trump Family Reduces Stake in World Liberty Financial... "60% to 40%"
The Trump family has reduced its stake in the DeFi project 'World Liberty Financial' by 20%. According to the legal disclosure section published by World Liberty Financial on the 19th, the Trump family's stake has been reduced from 60% to 40%.
4. US Betting Site Gives 89% Probability of Stablecoin Regulation Bill Passing House
On the 20th, investors on the US betting site Polymarket bet a 89% probability of the US stablecoin regulation bill 'GENIUS Act' passing the House in 2025. The GENIUS Act passed the US Senate on the 18th and was referred to the House.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
