29th January 2025 Digital Bytes

Pix and UPI payment success stories: what lessons can stablecoins and tokenised deposits learn? -Pix in Brazil and UPI in India are leading examples of successful instant payment systems (IPSs) that have transformed their respective payment landscapes. Both systems prioritise speed, low cost and accessibility (so driving financial inclusion and reducing reliance on cash) and offer valuable lessons for stablecoins and tokenised deposits. These digital assets could benefit from IPS features such as regulatory compliance, interoperability, security and scalability to enhance trust and adoption. The success of Pix and UPI highlights the potential for IPSs to modernise financial ecosystems worldwide.

New Year, new scams - Web3 went from being known as a scam to becoming a target for scammers. One of the most notable examples of the recent advances in scamming that will likely continue in 2025 is the use of AI-driven tactics to impersonate legitimate entities and automate phishing attacks. F…