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DoorDash bets on stablecoins to cut through cross-border payment chaos

DoorDash bets on stablecoins to cut through cross-border payment chaos

Arbitrum's Security Council just froze $71M in ETH with a single emergency call, and DeFi's decentralization crowd has questions.

Editorial Team

Powered by Gloria

Updated 1:24 p.m. ET

The line between "decentralized" and "we'll handle it" got blurrier overnight.

A geopolitical standoff is testing whether crypto is actually a safe haven.

Meanwhile, one of America's biggest gig economy players is quietly going on-chain.

Today's stories share a thread: who actually controls the money when things get messy.

DoorDash wants faster, cheaper global payouts and stablecoins make that possible

DoorDash wants to pay merchants and Dashers in stablecoins across 40 countries.

The food‑delivery giant is building stablecoin-powered payout infrastructure on Tempo, starting with the flows where faster, cheaper settlement matters most.

The problem is straightforward: moving money across 40 markets means FX fees, slow settlement, and payment rails that work differently in every country.

DoorDash is not waiting for stablecoin infrastructure to mature. It is helping build it.

Read the full breakdown →

STORY CONTINUES BELOW

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Markets

Arbitrum hit the emergency brake on 30,766 ETH after the KelpDAO hack

Arbitrum's Security Council transferred 30,766 ETH to a frozen wallet on April 20.

The move came after KelpDAO was exploited, with stolen funds bridged onto Arbitrum's network.

A 12-member council overriding a chain's transactions is a stress test for what "decentralized" actually means.

Get the full story →

Bitcoin holds steady as Iran tensions flare

Trump accused Iran of breaching the April 8 ceasefire "numerous times" on Truth Social.

Iran vowed retaliation after a US destroyer fired on an Iranian cargo ship near Hormuz.

Bitcoin briefly dipped to $75.7K on the headlines before recovering.

BTC settled near $76K, ETH held around $2,300, and SOL traded flat near $86.

Keep reading →

On Our Radar

The AMM evolution: Crypto liquidity is getting a makeover with single-sided models.*

XRP windfall: C1 Fund's four-month Ripple stake bet paid off handsomely.

Privacy gets practical: Optimism adds Privacy Boost to OP Mainnet.

*sponsored

ICYMI

Meme of the Day

Until next time.

Vi

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."

DoorDash bets on stablecoins to cut through cross-border payment chaos

DoorDash bets on stablecoins to cut through cross-border payment chaos

Arbitrum's Security Council just froze $71M in ETH with a single emergency call, and DeFi's decentralization crowd has questions.

by Editorial Team | Powered by Gloria

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The line between "decentralized" and "we'll handle it" got blurrier overnight.

A geopolitical standoff is testing whether crypto is actually a safe haven.

Meanwhile, one of America's biggest gig economy players is quietly going on-chain.

Today's stories share a thread: who actually controls the money when things get messy.

DoorDash wants faster, cheaper global payouts and stablecoins make that possible

DoorDash wants to pay merchants and Dashers in stablecoins across 40 countries.

The food‑delivery giant is building stablecoin-powered payout infrastructure on Tempo, starting with the flows where faster, cheaper settlement matters most.

The problem is straightforward: moving money across 40 markets means FX fees, slow settlement, and payment rails that work differently in every country.

DoorDash is not waiting for stablecoin infrastructure to mature. It is helping build it.

Read the full breakdown →

STORY CONTINUES BELOW

The crypto news you actually need.

Join our newsletter.

Markets

Arbitrum hit the emergency brake on 30,766 ETH after the KelpDAO hack

Arbitrum's Security Council transferred 30,766 ETH to a frozen wallet on April 20.

The move came after KelpDAO was exploited, with stolen funds bridged onto Arbitrum's network.

A 12-member council overriding a chain's transactions is a stress test for what "decentralized" actually means.

Get the full story →

Bitcoin holds steady as Iran tensions flare

Trump accused Iran of breaching the April 8 ceasefire "numerous times" on Truth Social.

Iran vowed retaliation after a US destroyer fired on an Iranian cargo ship near Hormuz.

Bitcoin briefly dipped to $75.7K on the headlines before recovering.

BTC settled near $76K, ETH held around $2,300, and SOL traded flat near $86.

Keep reading →

On Our Radar

The AMM evolution: Crypto liquidity is getting a makeover with single-sided models.*

XRP windfall: C1 Fund's four-month Ripple stake bet paid off handsomely.

Privacy gets practical: Optimism adds Privacy Boost to OP Mainnet.

*sponsored

ICYMI

Meme of the Day

Until next time.

Vi

Token Metrics Daily PulseDaily crypto news and analysis on what matters
The Defiant NewsletterSubscribe for free to the highest signal-to-noise newsletter in crypto. Read what matters, skip the rest. Join 100k crypto-natives to what the NYT calls "an industry must-read."