⚡️ XRP Ledger connects to interbank settlement rails via Ondo, Mastercard, and Kinexys
Ripple, Ondo, Mastercard, and Kinexys by J.P. Morgan completed a landmark pilot connecting the XRP Ledger with interbank settlement rails. The transaction marks the first cross-border settlement of tokenized US Treasuries outside traditional banking windows.
Crypto card spending volume reached $654.4M in April 2026, with RedotPay maintaining its lead at $413M and 4.9% MoM growth, followed by KAST at $74.6M and ether fi Cash at $65.6M. Karta posted the strongest growth of the month at +60.8%, reaching $27.6M.
Combined volume across all tracked cards grew 4.4% month over month.
A range of major acquisitions marked the year, including moves from Chainlink, Kraken, Predict Fun, GSR, Mastercard, and Moonpay, alongside other platforms across exchanges, wallets, and infrastructure.
⚡️ Coinbase backs Centrifuge as Base's main tokenization partner
Through this integration, Centrifuge will act as the go-to platform for turning traditional assets like ETFs, credit funds, structured products and RWAs into onchain, tradable assets on Base. The financial terms of the investment were not disclosed, though sources close to the deal indicate it reached seven figures. $CFG
April 2026 was the worst month for crypto security since February, with $635M lost across 31 incidents - a +1,441% jump from March's $41.2M.
Two exploits drove 91% of the damage: KelpDAO lost $293M in a LayerZero bridge exploit on April 18 and Drift Protocol lost $285M through a compromised admin key on April 1.
The firm plans to invest in projects connecting crypto with traditional finance and AI. The new vehicle lifts the firm’s total crypto capital to about $9.8B across 5 funds.
The new fund arrives as firms like Haun Ventures raise $1B and VC firms adapt to an AI-driven shift in capital.
⚡️ Western Union’s USDPT stablecoin goes live on Solana
USDPT is a federally regulated digital dollar, issued by Anchorage Digital, integrated directly into Western Union's infrastructure across 200+ countries.
Tron remains the dominant settlement chain at $213M followed by BNB Chain at $101M, with Base the fastest growing chain at +37.9% MoM. RedotPay processes $413M of the total with KAST at $74.6M and EtherFi at $65.5M the only other platforms above $50M.
Total crypto card volume hit $654M in April 2026, up from $423M in October 2025, reflecting 54.6% growth over six months.
⚡️ MoonPay launches stablecoin card for AI agents on Mastercard network
MoonPay has rolled out MoonAgents Card, a new virtual Mastercard debit card designed for both AI agents and users. The card is currently available in the UK and Latin America.