Visa Tests On-Chain Stablecoin Payouts for the Creator and Freelance Economy

Visa Introduces Stablecoin Payout Pilot to Simplify Payments for Businesses and Digital Creators

Visa, the global payments technology company founded in 1958, has launched an innovative stablecoin payout pilot designed to streamline payments for businesses, digital creators, freelancers, and gig workers. This new initiative enables businesses to send USD-backed stablecoin payouts directly to digital wallets, aiming to make transactions faster, more flexible, and accessible across borders.

Announced at Web Summit, the pilot program allows businesses using Visa Direct to fund payouts in traditional fiat currency. Recipients then have the option to receive their payments in USD-backed stablecoins such as USDC. This approach is especially beneficial for workers in markets grappling with currency volatility or limited banking infrastructure, providing them with greater control and reliability over how they receive funds.

Chris Newkirk, President of Commercial & Money Movement Solutions at Visa, explained the vision behind the rollout:
“Launching stablecoin payouts is about enabling truly universal access to money in minutes, not days, for anyone, anywhere in the world. Whether it’s a creator building a digital brand, a business reaching new global markets, or a freelancer working across borders, everyone benefits from faster, more flexible money movement.”

Supporting the Growing Creator Economy

Visa’s 2025 Economy Report sheds light on the challenges and priorities faced by the burgeoning creator economy. The report found that 26% of creators experienced negative impacts on content production due to payment delays, underscoring how timing can directly influence productivity and revenue streams. Additionally, 30% of respondents expressed a desire for card features that provide faster access to their earned funds, while 57% identified instant access to funds as their primary motivation for adopting digital payment methods.

Expanding Stablecoin-Powered Payments with Visa Direct

Furthering its exploration into stablecoin-powered solutions, Visa Direct launched a pilot program at SIBOS in September. This program enables businesses to pre-fund payouts using stablecoins, thereby increasing financial accessibility for Visa’s corporate clients and consumers worldwide.

Visa’s Growing Crypto and Stablecoin Footprint

As part of its broader digital assets strategy, Visa recently announced the expansion of its settlement infrastructure to support four new stablecoins across four blockchains: Stellar (XLM), Avalanche (AVAX), Ethereum (ETH), and Solana (SOL).

Since 2020, Visa’s platform has processed over $140 billion in crypto and stablecoin flows, including $100 billion in digital asset purchases and $35 billion in on-chain spending via Visa credentials. The company currently supports leading stablecoins such as USDC and Circle’s euro-backed EURC. Visa operates more than 130 stablecoin-linked card programs across 40 countries, maintaining an annualized settlement run rate exceeding $2.5 billion.

Strategic Partnerships and Market Position

Visa’s expansion plans include partnerships with key stablecoin issuers like Paxos, which facilitated the integration of PayPal’s digital dollar token (PYUSD) into Visa’s ecosystem in July. These collaborations position Visa to capitalize on the growing demand for programmable money, particularly in regions with limited access to traditional banking infrastructure.

The stablecoin market continues to mature, currently boasting a combined market capitalization of approximately $305.3 billion, despite a recent slight seven-day decline of $748 million. Tether (USDT) remains the dominant player, controlling over 60% of the total market.

With this stablecoin payout pilot and continued investments in digital asset infrastructure, Visa is demonstrating its commitment to enhancing global payment systems and supporting the evolving needs of businesses and creators worldwide.
https://bitcoinethereumnews.com/tech/visa-tests-on-chain-stablecoin-payouts-for-the-creator-and-freelance-economy/

Fan-favorite star receives urgent medical attention after AEW Blood and Guts 2025

A beloved AEW star required urgent medical attention following a brutal Blood and Guts match on tonight’s episode of Dynamite.

The intense contest pushed the wrestlers to their limits, resulting in a concerning injury that prompted immediate care. Fans were left concerned as the star received treatment backstage.

Stay tuned for updates on the wrestler’s condition and any official statements from AEW.
https://www.sportskeeda.com/aew/news-fan-favorite-star-receives-urgent-medical-attention-aew-blood-guts-2025

Notre Dame’s Hannah Hidalgo enjoys an historic night in win over Akron

Just three games into the 2025-26 women’s college basketball season, Notre Dame’s Hannah Hidalgo has already made her mark.

The star Fighting Irish guard delivered an astonishing performance, tallying 16 steals in just 28 minutes. This incredible feat set the Division I record for the most steals in a single game during an 85-58 victory over Akron on Wednesday evening.

But Hidalgo’s impact didn’t stop there. She also scored 44 points—the highest-scoring game in Notre Dame women’s basketball history. The 5-foot-6 junior was highly efficient, making 16 of 25 field goal attempts, including 3 of 6 from beyond the arc, and converting 9 of 11 free throws. She also contributed nine rebounds and four assists to help the No. 18 Fighting Irish improve to 3-0 on the season.

Next up for Notre Dame is a showdown with No. 14 Michigan in Detroit on Saturday during the fourth annual Shamrock Classic. The Irish and Wolverines previously met in the Round of 32 in the 2025 NCAA Tournament, where Notre Dame earned a decisive 76-55 home victory. Hidalgo was instrumental in that win as well, scoring 21 points on 8-of-14 shooting.

Stay tuned to ongoing coverage of Notre Dame news, notes, and opinions for more updates on Hidalgo and the Fighting Irish this season.
https://fightingirishwire.usatoday.com/story/sports/college/fighting-irish/womens-basketball/2025/11/12/notre-dame-basketball-hannah-hidalgo-division-1-record-most-steals-game/87241902007/

Seized Bitcoin Investigation: Taiwan’s Crucial Crypto Decision


title: Seized Bitcoin Investigation: Taiwan’s Crucial Crypto Decision
category: Crypto News

**Seized Bitcoin Investigation: Taiwan’s Crucial Crypto Decision**

The post *Seized Bitcoin Investigation: Taiwan’s Crucial Crypto Decision* appeared on [source].

Taiwan is at the center of a critical investigation involving seized Bitcoin, marking a significant moment in the country’s approach to cryptocurrency regulation and enforcement. This case highlights the challenges and decisions faced by authorities in handling digital assets amid rising crypto activities.

As the investigation unfolds, Taiwan’s regulatory stance could set a precedent for future cases involving cryptocurrency seizures and legal processes. The outcome will likely influence not only domestic policies but also international cooperation on cybercrime and asset recovery.

Stay tuned for more updates on this developing story as Taiwan navigates its crucial crypto decision.

*Source:* [Insert source link here]
https://bitcoinethereumnews.com/bitcoin/seized-bitcoin-investigation-taiwans-crucial-crypto-decision/

Famed conservationist Jane Goodall honored in Washington service

Nov. 12 (UPI) — The life of Jane Goodall was honored Wednesday at Washington National Cathedral, where hundreds—including actor Leonardo DiCaprio and Rep. Nancy Pelosi—gathered to pay their final respects to the famed British primatologist and conservationist.

Goodall, 91, died of natural causes on Oct. 1 in Los Angeles while on a speaking tour. The memorial service, hosted by the Jane Goodall Institute USA, began with a 20-dog salute on the cathedral steps, in honor of her favorite animal, the canine.

“The world mourns your departure, and I ask you that please touch those around the world who are as heartbroken as we are,” Goodall’s grandson, Merlin van Lawick, said during the service. “The seeds of hope you planted have taken root in millions, and it will take millions to carry forth the mission you began. You will live on in countless hearts and your message will continue to bear fruit, sprouting from every corner of this world.”

Jane Goodall is best known for her groundbreaking study of chimpanzee behavior in what is now Gombe Stream National Park in Tanzania. Her observation that chimpanzees use tools revolutionized the field of primatology and fundamentally changed how humans view animals.

Her pioneering work also inspired many women to enter the sciences. Over time, Goodall grew to be a powerful force in the environmental movement, focusing on habitat protection and community-centered conservation.

Leonardo DiCaprio, who is also an environmentalist, eulogized Goodall during the service. Calling her “my good friend,” DiCaprio said Goodall did not only change the world but also the lives of many of its inhabitants.

“Jane led with hope. Always. She never lingered in despair; she focused on what could be done. She reminded us that change begins with compassion and that our humanity is our greatest tool,” he said.

While Goodall was not blind to the world’s pressing issues and could be blunt about the greed and overconsumption threatening the planet, she maintained faith in the principles that every voice matters and that we are all connected—and can make a difference.

Even in her later years, Goodall maintained an “almost unimaginable schedule” of travel and work, with “her resilience fueled by purpose,” DiCaprio noted.

“Everywhere she went, she carried one simple, powerful message: that there is still hope and that each one of us can make a difference,” he said.

Jane Goodall was a scientist, a storyteller, a trailblazer, but above all, she was a teacher. Her legacy lives on in the millions she inspired around the world.
https://www.upi.com/Top_News/US/2025/11/12/Jane-Goodall-funeral/9141763000455/

Google set to face fresh EU probe over news ranking system

**European Commission Launches New Antitrust Investigation Into Google Under the Digital Markets Act**

The European Commission is preparing to begin a new antitrust investigation into Google under the Digital Markets Act (DMA). This probe will focus on how the company ranks news publishers in its search results.

The investigation stems from complaints by European news publishers who allege that Google unfairly demotes outlets that include “third-party” promotional content, such as sponsored articles or paid editorial pieces. Publishers argue that this type of content is essential to their revenue models.

### The EU Brings Charges Against Google

Critics, including various news industry groups, claim that Google’s practice gives an unfair advantage to publishers without such promotional content and stifles competition in the digital advertising space. The EU’s probe alleges that the American tech giant is violating the DMA, legislation designed to prevent large “digital gatekeepers” from unfairly disadvantaging other businesses operating on their platforms.

If Google is found to have violated the DMA, it could face fines of up to 10% of its global turnover—potentially amounting to billions of euros—along with orders to change its algorithms or business practices.

### Ongoing Investigations and Recent Fines

Google is already under multiple DMA investigations in the EU. These include probes into whether its search engine favors its own services over competitors and whether it obstructs developers from redirecting consumers to offers outside its app store.

This new investigation comes just two months after the European Commission fined Google €2.95 billion for its search advertising practices. That penalty even prompted then U.S. President Donald Trump to threaten additional tariffs against Europe.

Google has publicly defended its ranking systems as neutral and based purely on user relevance.

Meanwhile, the news has generated buzz among some observers who welcome the move as a step toward leveling the playing field against Big Tech dominance.

### Google Faces Additional Lawsuit Over Gemini AI Privacy Concerns

At the same time as it fights the antitrust allegations, Google is also being accused in a lawsuit of using its Gemini AI assistant to unlawfully spy on the private communications of users of Gmail’s instant messaging and videoconference programs.

Previously, users had the option to enable Google’s Gemini AI in Gmail, Chat, and Meet. However, in October, the Alphabet Inc. unit reportedly “secretly” activated Gemini for all those applications. This meant it could collect private user data “without the users’ knowledge or consent,” according to a complaint filed late Tuesday in federal court in San Jose, California.

While the company does not prevent users from turning off Gemini, the AI tool’s deactivation requires navigating Google’s privacy settings—something many users may not be aware of, claims the proposed class-action lawsuit.

If users do not take this step, Google allegedly uses Gemini to “access and exploit the entire recorded history of its users’ private communications, including literally every email and attachment sent and received in their Gmail accounts,” according to the complaint.

### Legal Implications

The lawsuit alleges that Google is violating the California Invasion of Privacy Act, a 1967 law that prohibits surreptitious wiretapping and recording of confidential communications without the consent of all involved parties.

*Claim your free seat in an exclusive crypto trading community limited to 1,000 members.*
https://bitcoinethereumnews.com/finance/google-set-to-face-fresh-eu-probe-over-news-ranking-system/

BITO: The High Distribution Won’t Save You From A Crypto Winter

**Analyst’s Disclosure:**

I/we have no stock, option, or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

**Seeking Alpha’s Disclosure:**

Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole.

Seeking Alpha is not a licensed securities dealer, broker, US investment adviser, or investment bank. Our analysts are third-party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
https://seekingalpha.com/article/4842851-bito-the-high-distribution-wont-save-you-from-a-crypto-winter?source=feed_all_articles

The timeline for SNAP benefits remains uncertain, even after Congress agrees to end the shutdown

**Congress Moves to Reopen Government, But SNAP Benefit Timing Remains Uncertain**

*By Geoff Mulvihill, Associated Press*

Congress has taken a major step toward reopening the government, but there’s still uncertainty about when one of the most far-reaching impacts of the closure will be resolved: when all 42 million Americans who receive SNAP food aid will have access to their full November benefits.

On Wednesday, the House adopted a plan to reopen and sent it to President Donald Trump to sign. One provision calls for restarting the Supplemental Nutrition Assistance Program (SNAP), but it does not clarify exactly when benefits will be loaded onto the debit cards beneficiaries use to buy groceries.

A spokesperson for the U.S. Department of Agriculture (USDA), which runs SNAP, said in an email Wednesday that funds could be available “upon the government reopening, within 24 hours for most states.” The department did not immediately answer questions about which states might face delays or whether the 24-hour timeline applies to states or directly to the cards used by recipients.

There has been a series of court battles over the fate of the nation’s largest government food program, which serves about 1 in 8 Americans. Here are some key points about the situation:

### When SNAP Funds Become Available Could Vary by State

Seesawing court rulings and changing guidance from the USDA have led to unequal distribution of benefits across states. Some beneficiaries have already received their full monthly allocations, while others have received nothing. A few states have issued only partial payments.

States report it’s faster to provide full benefits than to do the calculations and computer programming required for partial payments. At least 19 states plus the District of Columbia issued full benefits to at least some recipients last week, according to an Associated Press tally. Many did so within a day, during the narrow window between a Nov. 6 court ruling requiring full payments and a Nov. 7 U.S. Supreme Court decision halting them.

Jessica Garon, spokesperson for the American Public Human Services Association, anticipates most states will be able to issue full benefits within three days after receiving the go-ahead, while others may take up to a week. States that have sent no November benefits yet, such as South Carolina and West Virginia, will likely be the quickest to disburse funds. However, sixteen states have already loaded EBT cards with partial benefits, and some may face technical hurdles issuing the remaining amount, according to Carolyn Vega, a policy analyst at advocacy group Share Our Strength.

### Delays in Benefits Are a Problem for Recipients

For millions of Americans, even knowing benefits are on the way is not enough—when they arrive matters. About 42 million lower-income Americans receive SNAP benefits, averaging around $190 monthly per person. Many say the benefits do not—and are not intended to—cover the full cost of groceries in a normal month, even with careful budgeting. Delays make matters worse.

Doretha Washington, 41, of St. Louis, has a husband and six children, but not enough money to cover all their food needs. Even though her husband works servicing heating and cooling systems, the family relies on SNAP. They had received nothing in November, although Missouri announced Tuesday that partial benefits would be issued.

“Now it’s making things difficult because we can’t pay our bills in full and keep food in here,” Washington said this week. “I’m down to three days of food and trying to figure out what to do.” She has been rationing what they have. Others have turned to food charities, but report long lines and low supplies.

### Cutting Off Funds Left State Governments Scrambling

The USDA told states on Oct. 24 that it would not fund SNAP for November if the shutdown continued, leaving states scrambling. Most Democratic-led states sued to have the funding restored. Both Democratic and Republican-led states also launched emergency efforts, including using state funds to pay for benefits, boosting food banks, and deploying the National Guard to help with food distribution.

Other states used their allotted SNAP money only after a judge ordered the Trump administration to cover the full cost for the month. The legislation to reopen the government, passed by the Senate on Monday, calls for states to be reimbursed for funds spent running programs typically paid for by the federal government. However, it’s not immediately clear which situations will qualify in the case of SNAP.

In the meantime, the USDA told states Tuesday that it would reimburse them for paying out partial SNAP benefits, under a system where recipients get up to 65% of their regular allocations—and even states that paid the full amount can receive partial reimbursements. It also assured states it would not reduce amounts on cards for recipients in states that paid full benefits.

Democratic-led states that sued for benefits to be released said in a filing Wednesday that the late-breaking information “illustrates the chaos and confusion occasioned by USDA’s multiple, conflicting guidance documents.”

*Associated Press reporters Margery A. Beck and David A. Lieb contributed to this story.*
https://www.orlandosentinel.com/2025/11/12/timeline-for-snap-benefits/

U.S. Government Shutdown Halts September Jobs Report Release

Government Shutdown Delays September Jobs Report, Increasing Market Uncertainty

The release of the September Bureau of Labor Statistics (BLS) jobs report has been postponed until the U.S. government reopens, according to a statement from the White House. This delay introduces additional market uncertainty, particularly impacting crypto assets like Bitcoin and Ethereum, as traders await possible effects on Federal Reserve policy decisions.

Government Shutdown Impacts Financial Reporting and Crypto Markets

The White House confirmed that the release date for the September BLS jobs report will be rescheduled following the government reopening. While routine reports such as the Job Openings Survey continue despite the delay, no public statement has been given explaining the cause or outlining a solution for the postponement. Nevertheless, the market widely acknowledges the impact.

Delays in essential economic data generate uncertainty for investors and traders. Market participants in the cryptocurrency space, who heavily rely on macroeconomic indicators, can expect increased price volatility—especially in Bitcoin (BTC) derivatives—amid speculation surrounding Federal Reserve decisions.

In response, market actors are adopting temporary strategies to navigate the potential shifts in Fed rate policies. Reactions across the cryptocurrency sector emphasize the likelihood of heightened volatility. Public commentary from prominent industry figures remains scarce, possibly reflecting the high sensitivity of these markets to U.S. macroeconomic data, with direct implications for assets such as Bitcoin and Ethereum.

Historical Context, Price Data, and Expert Analysis

It’s worth noting that previous U.S. government shutdowns in 2013 and 2018 also delayed BLS report releases, causing short-lived volatility spikes in both crypto and equity markets.

Currently, Bitcoin (BTC) is trading at $101,694.71, with a market capitalization of approximately $2.03 trillion, according to CoinMarketCap. The price has decreased by 1.44% in the past 24 hours and dropped about 14.14% over the last 90 days. Out of a maximum supply of 21 million BTC, around 19,947,975 are presently in circulation.

These market fluctuations underscore the sensitive interplay between government data releases and crypto asset valuations during periods of political uncertainty.

https://bitcoinethereumnews.com/tech/u-s-government-shutdown-halts-september-jobs-report-release/

FAA says flight cuts will stay at 6% because more air traffic controllers are coming to work

**Flight Reductions Implemented at 40 Major U.S. Airports Amid Safety Concerns**

WASHINGTON (AP) — Flight reductions have been put into effect at 40 major U.S. airports following recommendations from the Federal Aviation Administration’s (FAA) safety team. This move comes after a “rapid decline” in controller callouts, which raised concerns about maintaining safe air traffic operations.

The agencies involved announced that a 6% flight reduction limit will remain in place while officials evaluate whether the air traffic system can safely return to normal operations. Transportation Secretary Sean Duffy and FAA Administrator Bryan Bedford emphasized that safety remains their top priority, and all decisions will continue to be guided by data.

Since the restrictions took effect last Friday, thousands of flights have been canceled. Initially, the FAA had planned to increase flight cuts gradually from 4% up to 10% of flights at the affected 40 airports.

Authorities are closely monitoring the situation to ensure that the nation’s air travel system operates safely and efficiently, prioritizing passenger safety above all.
https://www.dailynews.com/2025/11/12/government-shutdown-flight-cuts/