US crypto firms are broadening their payment solutions in response to evolving regulations, particularly following the leadership changes in Washington. Notably, Kraken has launched Kraken Pay, a new platform enabling customers to transfer assets directly from their exchange accounts, supporting over 300 fiat currencies and cryptocurrencies. Although transferring assets is free, currency conversion incurs fees. Kraken's global head emphasizes that cryptocurrencies are a present reality, aiming to streamline payment processes and reduce costs. The crypto payments landscape is rapidly evolving, highlighted by Venmo's previous foray into crypto and Ripple's upcoming product updates. With growing interest from retail and institutional investors, 2025 is poised to witness significant advancements in crypto payments, fueled by a more crypto-friendly regulatory environment.

Source 🔗