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Get ready for a seismic shift in how we pay with crypto. In a major move to tackle fragmentation, Mysten Labs, the core developer behind the Sui blockchain, has just announced the formation of a powerful Blockchain Payment Consortium. This alliance isn’t going solo; it brings together heavyweights like Solana, Polygon, Stellar, TON, and Fireblocks. Their mission? To finally build a common rulebook for the booming world of on-chain payments and stablecoins. Why is a Blockchain Payment Consortium Needed Now? The explosive growth of stablecoins has been a double-edged sword. While adoption soars, the lack of universal standards creates confusion, risks, and friction. Imagine every country had its own unique traffic lights and road signs—that’s the current state of cross-chain payments. This new Blockchain Payment Consortium aims to be the global governing body that installs standard signs and signals everyone agrees to follow. Therefore, the primary goals are clear and critical: Define On-Chain Transactions: Create a clear, shared definition of what constitutes a valid payment transaction across different blockchains. Develop Privacy-Centric Standards: Build frameworks that protect user data while still providing necessary transparency for regulators and authorities. Enable Seamless Interoperability: Make it easier for payments to flow between different blockchain networks without technical hiccups or security gaps. Who’s Powering This Payment Alliance? The strength of this initiative lies in its founding members. This isn’t a project led by one chain; it’s a collaborative effort from leaders across the ecosystem. The consortium includes Layer 1 giants known for speed and scale, like Solana and Polygon, alongside payment-focused networks like Stellar and TON. Crucially, enterprise platform Fireblocks adds deep institutional security expertise. This diverse membership signals a profound understanding: for on-chain payments to reach the next billion users, the industry must present a united front. The formation of this Blockchain Payment Consortium shows that competitors can become collaborators when the goal is mass adoption. What Challenges Will the Consortium Face? Building consensus in a decentralized world is notoriously difficult. The path forward for this Blockchain Payment Consortium will have hurdles. Aligning the technical architectures and economic models of chains as different as Sui, Solana, and Stellar is a monumental engineering and diplomatic task. Furthermore, balancing robust privacy with regulatory compliance remains a tightrope walk. However, the potential payoff is transformative. Unified standards could slash development time for payment apps, reduce errors, and build trust with traditional financial institutions and regulators. It turns the chaotic wild west of crypto payments into a well-regulated, efficient global highway. What Does This Mean for the Future of Crypto Payments? Think of this consortium as laying the foundational plumbing for the future financial internet. Successful standards from this Blockchain Payment Consortium could lead to: Cheaper and Faster Global Transfers: Frictionless cross-border payments for businesses and individuals. Mainstream Merchant Adoption: A clear, safe framework for shops to accept crypto payments without technical fear. Innovation Boom: Developers can build new payment products without worrying about incompatible blockchain rules. The formation of this group is a confident step toward maturity. It moves the conversation from isolated technological triumphs to practical, user-centric solutions. The Blockchain Payment Consortium isn’t just building code; it’s building trust. Conclusion: A Unified Front for a Fragmented World The announcement by Mysten Labs and its partners is a watershed moment. The Blockchain Payment Consortium represents a collective acknowledgment that for crypto to truly revolutionize finance, the industry must standardize the basics. By bringing together rival networks to cooperate on payments, they are prioritizing ecosystem growth over individual chain supremacy. This collaborative spirit, if sustained, may well be remembered as the turning point where crypto payments graduated from a niche novelty to a legitimate global infrastructure. Frequently Asked Questions (FAQs) Q1: What is the main goal of the Blockchain Payment Consortium? A1: The primary goal is to establish a common framework and industry-wide standards for on-chain payments. This aims to reduce fragmentation, protect user privacy, ensure regulatory compliance, and make cross-blockchain transactions seamless. Q2: Which companies and blockchains are part of the consortium? A2: The founding members include Mysten Labs (Sui), Solana, Polygon, Stellar, The Open Network (TON), and the digital asset platform Fireblocks. Q3: How will this consortium benefit the average crypto user? A3 Users can expect more reliable, secure, and straightforward payment experiences across different apps and blockchains. It could lead to lower fees, faster transaction times, and greater merchant acceptance of crypto payments. Q4: Does this mean all these blockchains are merging? A4: No, not at all. Each blockchain remains independent. The consortium is focused on creating interoperable standards—like a common language—that allow them to work together smoothly for payment purposes, not on merging their technologies. Q5: What role do stablecoins play in this initiative? A5: Stablecoins are the primary driver. Their massive growth has highlighted the urgent need for standardized payment rails. The consortium’s frameworks will likely be designed heavily around the secure and efficient transfer of stablecoin assets. Q6: When can we expect to see tangible results from this consortium? A6: The group has just been formed. While no specific timeline is given, the work involves complex technical and regulatory alignment. The first whitepapers or proposed standards could emerge within the next 6-12 months, with implementation taking longer. Found this insight into the new Blockchain Payment Consortium valuable? This move could redefine how we use digital money. Help others stay informed by sharing this article on your social media channels and sparking a conversation about the future of unified crypto payments! To learn more about the latest trends in blockchain interoperability and adoption, explore our article on key developments shaping the future of decentralized finance and institutional investment. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Hedge fund manager Eric Jackson, known for triggering a massive rally in real estate meme stock Opendoor Technologies shares earlier this year, has entered the digital asset treasury business. Summary Jackson, known for his influence on Opendoor shares, is entering the digital asset treasury business through a reverse merger with SRx Health Solutions. Jackson’s company, EMJ Crypto Technologies, will focus on managing crypto assets using AI-driven strategies for allocation, hedging, and risk management. The merger, which requires SRx Health shareholder approval, is expected to close in Q1 2026, with Jackson set to lead the combined company. Canadian pet health company SRx Health Solutions said it will acquire Jackson-led EMJ Crypto Technologies, according to a company statement. Jackson, founder and CEO of EMJ Crypto Technologies, is expected to serve as the combined company’s CEO and chairman upon closing. Jackson founded EMJ Capital Ltd., a Canadian hedge fund, in 2017 and serves as president and portfolio manager. The fund uses a proprietary AI/ML-driven algorithm to select technology equities, according to company information. The digital asset treasury model involves companies holding cryptocurrencies such as Bitcoin and Ethereum on their balance sheets, similar to how traditional corporations hold cash reserves. MicroStrategy, led by Michael Saylor, pioneered this approach and has become the world’s largest corporate holder of Bitcoin (BTC), inspiring other companies, including Tom Lee’s Bitmine Immersion Technologies, to adopt similar strategies. EMJ Crypto Technologies will allocate, hedge, and reinvest in crypto assets across market cycles rather than passively tracking digital asset values, according to the statement. The company will support multi-asset digital holdings, quantitative and AI-informed decision-making, and systematic risk management. The business model has faced scrutiny during the recent crypto market downturn. MSCI, an index provider, is considering excluding public companies with more than 50% of balance sheet assets dedicated to digital assets from the MSCI USA Index. MicroStrategy has opposed the proposal but could face delisting from the index. The reverse merger is subject to approval by SRx Health shareholders and is expected to close during the first quarter of 2026, according to the announcement. SRx Health stock rose following the announcement. Earlier this year, SRx Health Solutions announced a new subsidiary focused on borrowing crypto. These investments include cryptocurrencies like Solana (SOL) and Bitcoin, forming a key part of a wider strategy to utilize its current assets while investigating decentralized financial models. According to the company, the proposed subsidiary would allow global investors to deposit cryptocurrency in exchange for a share of profits from SRx’s North American Halo brand. SRx would then use the crypto capital to support Halo’s sales and marketing operations, aiming to boost growth while avoiding equity dilution for shareholders.

Solana faces a historic DDoS attack, six terabits per second of pressure and emerges unshaken. ✅ Blocks finalize on time, transactions confirm in <700ms, and validators operate normally. Resilience shines as $SOL holds $128, proving network stability under extreme stress. $PUMP $DOGE

The Solana Foundation has already taken steps to address the security risks that quantum computers may create in the future. The foundation announced a collaboration with Project Eleven, a company specializing in post-quantum security, aiming to strengthen the long-term resilience of the Solana network. The statement said, “Quantum computers aren't here yet, but the Solana Foundation is preparing for that possibility.” According to the published press release, Project Eleven conducted a comprehensive threat assessment for the Solana ecosystem as part of the collaboration. This study analyzed in detail the potential impacts of future quantum technologies on Solana's core infrastructure, user wallets, validator security, and long-term cryptographic assumptions. Furthermore, Project Eleven developed a working Solana testnet using post-quantum digital signatures, demonstrating that end-to-end quantum-resistant transactions are both feasible and scalable. Related News Big Bull Michael Saylor Responds To Claims That Quantum Computers Will Break Bitcoin! Matt Sorg, Vice President of Technology at the Solana Foundation, stated that they have a responsibility to ensure the network remains secure not only today but also for decades to come. Highlighting the rapid development culture of the Solana ecosystem, Sorg noted that a second client and an advanced consensus mechanism will be implemented this year. He said that this work with Project Eleven is one of the early and concrete steps taken to strengthen the network's long-term resilience. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

MetaMask announced native Bitcoin support on Monday, December 16, 2025. According to Cointelegraph, the Ethereum-focused wallet now allows users to buy, swap, send, and receive BTC directly. The integration arrives 10 months after MetaMask first announced plans in February 2025. Users can now transact Bitcoin without relying on wrapped versions of the asset. The wallet automatically generates Bitcoin addresses for users who update to the latest version. MetaMask currently supports native SegWit addresses, with Taproot support planned for a future release. The company said Bitcoin transactions will appear in asset lists once confirmed but typically process slower than EVM or Solana networks. MetaMask is offering reward points to users who swap assets into Bitcoin through the wallet. These incentives connect to the upcoming MASK rewards program teased in October. Bitcoin now joins Ethereum, Solana, Monad, and Sei as directly supported assets within MetaMask. Why This Matters The Bitcoin integration removes technical barriers that previously limited user access. Before this update, MetaMask users could only access Bitcoin through wrapped versions like WBTC. These wrapped tokens require intermediaries and introduce additional smart contract risks. Native Bitcoin support eliminates these dependencies and simplifies the user experience. The timing aligns with MetaMask's broader repositioning as a multichain wallet. The Block reports that parent company Consensys is preparing for an initial public offering. MetaMask has also launched several new features this year, including a Polymarket integration, mUSD stablecoin, and perpetual trading powered by Hyperliquid. The Bitcoin rollout represents another step in attracting users beyond the Ethereum ecosystem. We previously covered how wallet architecture innovations are reshaping the industry, with new protocols emerging to address interoperability challenges. The shift toward multichain wallets reflects broader demand for seamless asset management across different blockchain networks without requiring multiple applications. Industry Implications MetaMask's multichain expansion challenges the traditional single-chain wallet model. The company started its transition in May 2025 with Solana support, followed by Sei in August and Monad in November. According to The Block, more network integrations are planned for 2026 as MetaMask positions itself against competitors like Trust Wallet and Phantom. The wallet industry is experiencing consolidation around multichain functionality. MetaMask's 30 million monthly active users now have direct access to Bitcoin without switching applications. This could accelerate Bitcoin adoption in decentralized finance applications where wrapped Bitcoin previously dominated. However, Bitcoin transactions face longer confirmation times compared to faster networks, which may limit certain use cases. Consensys, founded in 2014, is working with JPMorgan and Goldman Sachs on its IPO preparations. The company has steadily expanded beyond Ethereum through products like Infura, which now supports multiple layer-2 networks and decentralized storage. MetaMask's evolution from a browser extension to a comprehensive multichain platform reflects wider industry trends toward interoperability and user-friendly interfaces. The competitive landscape remains active. Other wallet providers continue developing cross-chain solutions, while exchanges and financial institutions explore their own custody products. MetaMask's Bitcoin integration arrives as traditional finance shows growing interest in digital assets, with several banks and investment firms launching crypto services in 2025.