Crypto News You May Have Missed This Week | September 20, 2025

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From Paypal expanding its P2P Payments with crypto to Tether unveiling USA₮ stablecoin, here is the list of the news you may have missed this week.

PayPal Expands P2P Payments With BTC, ETH, and PYUSD

Online payment platform PayPal announced that it will integrate cryptocurrency into its peer-to-peer payments, allowing users to send BTC, ETH, and its own stablecoin, PYUSD, to their friends, family, and external wallets.

The rollout includes PayPal Links, a shareable one-time link for payments, launching first in the U.S. before expanding to the U.K., Italy, and other markets later this year.

The company said the move is part of its step into digital assets as it builds out “PayPal World,” a platform it describes as connecting wallets and payment systems globally, with the P2P crypto feature positioned as a component of that effort.

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By enabling crypto transfers beyond its platform, PayPal is positioning peer-to-peer payments as a driver of mainstream adoption, tapping into the growing utility of stablecoins and cross-border digital transfers, the online payment platform expressed.

Google Launches AI Payments Protocol With Stablecoin Support

Google unveiled the Agent Payments Protocol (AP2), an open standard designed to let AI agents securely initiate and complete transactions, with stablecoins playing a central role in powering agent-to-agent commerce.

Developed with more than 60 partners, including Coinbase, Ethereum Foundation, MetaMask, Mastercard, PayPal, and Salesforce, AP2 supports a wide range of payment methods, from cards to real-time transfers, but places special emphasis on stablecoins and crypto.

Consequently, Google announced an A2A x402 extension, developed together with contributors including Coinbase, that provides a production-ready extension to AP2 for agent-based stablecoin and crypto payments, intended to accelerate web3 integrations within the AP2 ecosystem

Technically, the protocol uses cryptographically signed Mandates to prove user intent and authority, solving challenges of authorization, authenticity, and accountability in autonomous AI transactions. 

Denver Pastor, Wife Found Liable in $3.3M Crypto Fraud

A Denver District Court found pastor Eli Regalado and his wife, Kaitlyn, liable for securities fraud over their failed cryptocurrency project, INDXcoin.

Judge Heidi Kutcher ordered the couple and their company, INDXcoin LLC, to pay $3.34 million in damages after they raised nearly $3.4 million from more than 300 investors between June 2022 and April 2023. 

The Colorado Division of Securities alleged that the couple, who promoted the token through their Kingdom Wealth Exchange, continued marketing INDXcoin as a safe investment despite an auditor rating its security “0 out of 10.” The Kingdom Wealth Exchange collapsed within a day after its launch, leaving investors with heavy losses, according to the Colorado Division of Securities and the court record.

The regulator further claimed that the couple exploited their religious ties to solicit investors and that investor funds were used for luxury trips, a Range Rover, jewelry, and a home remodel that Regalado claimed “the Lord told us to do.”

The ruling resolves the civil case filed in January 2024, while the couple still faces a separate 40-count criminal indictment returned by a Denver grand jury in July, a matter that remains pending.

Fed Cuts Rates by 25 Basis Points, Sets Range at 4%–4.25%

The Federal Reserve, the U.S. central bank, cut its benchmark interest rate by a quarter percentage point on Wednesday, lowering the target range to 4% to 4.25% from 4.5%. 

The Federal Open Market Committee, a Federal Reserve component that is responsible for governing the country’s monetary policy, said recent indicators suggest growth of economic activity moderated, job gains have slowed, and the unemployment rate has edged up, though it remains low.

It added that inflation has moved up and remains somewhat elevated, that downside risks to employment have risen, and reaffirmed its commitment to returning inflation to its 2% goal.

According to a report from The Wall Street Journal’s Nick Timiraos, a narrow majority of the central bank’s officials projected at least three more cuts this year, though seven participants penciled in no further cuts and two expected only one additional move. Governor Stephen Miran cast the lone dissent, preferring a larger half-point reduction. 

Ethereum Unveils Roadmap at Japan Dev Conference

Ethereum co-founder Vitalik Buterin outlined the blockchain’s updated roadmap at the Japan Developer Conference, emphasizing short-term plans to raise Layer 1 gas limits through techniques like block-level access lists and slot optimization, while preserving decentralization. 

Mid-term goals include stronger interoperability between Layer 2 networkss, reduced trust assumptions, and improved scalability to enhance user experience.

Buterin also highlighted Ethereum’s long-term vision of becoming a secure, minimalist chain with quantum resistance and formal verification to prepare for future computing risks. The plan includes privacy enhancements through zero-knowledge proofs, faster block finalization, and improved cryptographic primitives. 

He also encouraged Asian developers to explore AI for learning and innovation and as a tool for onboarding and technical learning, calling it vital to Ethereum’s next stage of growth.

BNB Surges as Speculation Mounts Over Changpeng Zhao’s Binance Return

Binance’s native token, BNB, jumped 5% to a new all-time high of $962 as speculation grew that co-founder Changpeng Zhao may return to the cryptocurreny exchange giant. 

Zhao, who stepped down in November 2023 after a $4.3 billion settlement with U.S. regulators, updated his X profile bio from “ex-binance” to “binance,” a move that sparked speculation among observers about a possible comeback.

It should be noted that his resignation followed a deal that barred him from managing the company, but with legal restrictions reportedly lifted, Zhao could be eyeing a leadership role again.

The price surge came alongside a 37% rise in daily trading volumes to $3.31 billion and an 8.3% increase in BNB futures open interest to $1.83 billion, signaling strong bullish sentiment. 

Tether Announces U.S.-Regulated Stablecoin USA₮, Names Bo Hines as CEO

USDT issuer Tether unveiled plans for USA₮, a U.S.-regulated, dollar-backed stablecoin, on September 12, 2025. Consequently, appointed Bo Hines as the future chief executive of Tether USA₮. 

The stablecoin will be issued by Anchorage Digital Bank the first federally regulated crypto bank, and designed to comply with the GENIUS Act. Reserves will be held with Cantor Fitzgerald, which will serve as custodian and preferred primary dealer. Tether said the move is part of its strategy to reinforce U.S. dollar dominance in the digital economy while meeting regulatory standards.

Meanwhile, Hines, a former executive director of the White House Crypto Council, described the launch as a milestone in Tether’s expansion from global stablecoin USD₮ to a U.S.-compliant alternative. 

Tether added that USA₮ will focus on transparency, compliance, and accessibility, positioning itself as a regulated digital dollar for businesses and institutions.

This article is published on BitPinas: Crypto News You May Have Missed (Sept. 14 – 20, 2025)

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