Stablecoins & Payments
Payments & ConsumerStablecoins & Payments
Jeremy Allaire Pitches Circle's Arc as Money for Machines
Circle's chief executive told a16z crypto, which led Arc's token presale, that AI will likely be the chain's main users.
Payments & ConsumerStablecoins & Payments
Ripple and Mastercard Wire Stablecoins Into Bank Rails
Ripple put RLUSD inside Cross River's core system, and Mastercard linked stablecoins to its card network through BVNK.
Payments & ConsumerStablecoins & Payments
Polygon Completes Coinme Deal and Claims 48 States
Polygon announced its Coinme completion on October 14, 2026, and 11 of the 48 states rest on exemptions.
Payments & ConsumerStablecoins & Payments
PwC Cuts EOS Securitization Payouts to One Day on Stellar
PwC Germany built a smart contract system for EOS Group that pays securitization investors in a regulated euro stablecoin within a day.
Payments & ConsumerExits and Removals
Circle's CFO Jeremy Fox-Geen to Step Down
Circle Internet Group said Chief Financial Officer Jeremy Fox-Geen will step down after more than five years in the role, staying through December 2026 to help find a successor.
Payments & ConsumerCEO Changes
Bridge Co-Founder Zach Abrams Departs Stripe
Zach Abrams announced on X on September 24, 2026 that he was leaving Stripe to run Open Standard full time, six days before its OUSD stablecoin launched with $1 billion in committed liquidity.
Payments & ConsumerLayoffs
Exodus Movement Cuts a Quarter of Its Workforce
Exodus Movement cut about 25 percent of its global workforce on July 17, 2026, a move CEO JP Richardson tied to the company's shift into stablecoin payments.
Payments & ConsumerExits and Removals
Tether Investment Chief Richard Heathcote Steps Down
Richard Heathcote stepped down as Tether's chief investment officer on March 12, 2026, moving into an advisory role as deputy Zachary Lyons took over the position.
Payments & ConsumerExecutive Hires
Tether Names Zachary Lyons Chief Investment Officer
Tether promoted deputy chief investment officer Zachary Lyons to the top investment role on March 12, 2026, as Richard Heathcote moved into an advisory position.
Payments & ConsumerLayoffs
Block Cuts 40% of Staff, Citing AI Tools
Block told shareholders on February 26, 2026, that it was cutting its workforce by more than 40 percent, from over 10,000 employees to under 6,000, with CEO Jack Dorsey saying intelligence tools let a smaller team do more.
Payments & ConsumerCEO Changes
PayPal Appoints HP's Enrique Lores as CEO
PayPal's board named former HP chief executive Enrique Lores as its next president and CEO on February 3, 2026, replacing Alex Chriss effective March 1, 2026, after citing slow execution.
Payments & ConsumerExecutive Hires
David Schwartz Hands the Ripple CTO Job to Dennis Jarosch
David Schwartz, Ripple's chief technology officer since 2018, told the XRP community on September 30, 2025 that he would step back at the end of the year, and Ripple's senior vice president of engineering, Dennis Jarosch, would take the title.
Payments & ConsumerExecutive Hires
Tether Names Benjamin Habbel Chief Business Officer
Tether appointed former Google and Limestone Capital executive Benjamin Habbel chief business officer on September 24, 2025, to lead growth, finance and investments.
Payments & ConsumerExecutive Hires
Anjali George Takes Paxos Labs From Bid to Funded Spin-Off
Paxos Labs' head of marketing arrived mid-bid in September 2025, after years as a TRON press contact, and the venture has since raised $12 million while bank groups contest its yield products.
Payments & ConsumerCEO Changes
Paradigm's Matt Huang Named Chief Executive of Tempo
Stripe and the venture firm Paradigm announced the stablecoin blockchain Tempo on September 4, 2025, naming Paradigm managing partner Matt Huang as chief executive while he kept his seat at the venture firm.
Payments & ConsumerCEO Changes
Stable Names Matthew Tabbiner Chief Executive Officer
Stable announced on August 28, 2025, that Matthew Tabbiner had joined the USDT-focused layer 1 as chief executive officer, alongside three other new chief officers; by October 3, 2026, Stable's own team page named a different chief executive.
Payments & ConsumerBoard Seats
Circle Appoints Adam Selipsky to Its Board
Circle Internet Group named former Amazon Web Services chief executive Adam Selipsky to its board of directors on July 22, 2025, expanding the board to nine members.
Payments & ConsumerBoard Seats
Block Names Afterpay's Anthony Eisen to Its Board
Block appointed Afterpay co-founder Anthony Eisen to its board of directors on February 6, 2025, growing the board to ten members and seating a founder of the business it bought in 2022.
Payments & ConsumerExecutive Hires
SoFi Names Stephen Simcock General Counsel
SoFi named JPMorgan Chase veteran Stephen Simcock general counsel on June 3, 2024, succeeding retiring chief legal officer Rob Lavet.
Payments & ConsumerExits and Removals
SoFi's Rob Lavet Retires as Chief Legal Officer
Rob Lavet retired as SoFi's chief legal officer on June 3, 2024, after 12 years building the company's legal department, and moved into an advisory role.
Payments & ConsumerBoard Seats
Paxos Adds J. Christopher Giancarlo to Its Board
Paxos announced on May 14, 2024, that it had added J. Christopher Giancarlo, the former Commodity Futures Trading Commission chairman known as CryptoDad, to its board of directors.
Payments & ConsumerLayoffs
PayPal Cuts 9 Percent of Its Global Workforce
PayPal CEO Alex Chriss told employees on January 30, 2024, that the company would cut about 9 percent of its global workforce, a cut PYMNTS put at roughly 2,500 positions.
Payments & ConsumerCEO Changes
Tether Promotes Paolo Ardoino to Chief Executive
Tether named Paolo Ardoino chief executive on October 13, 2023, handing him the role as outgoing CEO Jean-Louis van der Velde moved into an advisory position.
Payments & ConsumerExits and Removals
Alyssa Henry Retires as Square CEO, Dorsey Returns
Block told the SEC on September 18, 2023, that Square CEO Alyssa Henry would leave on October 2, handing the merchant business back to co-founder Jack Dorsey after a two-day payment outage that began September 7.
Payments & ConsumerCEO Changes
PayPal Names Intuit's Alex Chriss as Next CEO
PayPal's board announced on August 14, 2023, that it had appointed Intuit executive Alex Chriss as president and CEO, effective September 27, 2023, succeeding retiring CEO Dan Schulman.
Payments & ConsumerExecutive Hires
Stripe Names Steffan Tomlinson Chief Financial Officer
Stripe hired Steffan Tomlinson away from Confluent as chief financial officer on Aug. 2, 2023, pulling in a finance chief who had already taken three companies through an IPO process.
Payments & ConsumerExecutive Hires
Circle Names Heath Tarbert Chief Legal Officer
Circle Internet Financial named former CFTC chairman Heath Tarbert as chief legal officer and head of corporate affairs on June 8, 2023, succeeding general counsel Flavia Naves.
Payments & ConsumerBoard Seats
Ripple Appoints Warren Jenson to Its Board of Directors
Ripple named former Nielsen CFO Warren Jenson to its board on May 19, 2023, and made him chair of the audit committee overseeing the firm's financial reporting.
Payments & ConsumerCEO Changes
FDIC Names Greg Carmichael CEO of Signature Bridge Bank
The FDIC named former Fifth Third Bancorp chief executive Greg D. Carmichael CEO of Signature Bridge Bank on March 12, 2023, the day New York regulators closed Signature Bank and placed it under federal receivership.
Payments & ConsumerExits and Removals
Joseph DePaolo Steps Down as Signature Bank President
Signature Bank announced on Feb. 16, 2023, that co-founder Joseph J. DePaolo would transition out of the president role into a senior advisor position, with Chief Operating Officer Eric Howell succeeding him.
Payments & ConsumerExecutive Hires
Signature Bank Names Eric Howell President
Signature Bank named Chief Operating Officer Eric R. Howell its president on Feb. 16, 2023, succeeding co-founder Joseph DePaolo, who planned to move into a senior advisor role during 2023.
Payments & ConsumerCEO Changes
PayPal CEO Dan Schulman to Retire at Year-End
PayPal announced on February 9, 2023, that President and CEO Dan Schulman would retire on December 31, 2023, after eight and a half years leading the company since its split from eBay.
Payments & ConsumerExecutive Hires
Circle Names Brian Christman Chief People Officer
Circle Internet Financial hired Brian Christman as its first Chief People Officer on Jan. 24, 2023, pulling him from supply chain technology company Transfix.
Payments & ConsumerLayoffs
Stripe Cuts 14 Percent of Its Workforce
Stripe laid off around 14 percent of its roughly 8,000 employees on Nov. 3, 2022, with CEO Patrick Collison telling staff the company had 'overhired for the world we're in.'
Payments & ConsumerExecutive Hires
Paxos Names Carolina Ceballos Its First Chief Compliance Officer
Paxos announced on September 8, 2022, that it hired Carolina Ceballos, a 15-year compliance veteran from Facebook Payments, as the company's first dedicated chief compliance officer.
Payments & ConsumerExits and Removals
PayPal CFO John Rainey Departs for Walmart
PayPal announced on April 12, 2022, that Chief Financial Officer John Rainey would leave after almost seven years to become Walmart's next CFO, starting June 6, 2022, according to CFO Dive.
Payments & ConsumerBoard Seats
Ripple Appoints Michael Warren to Board of Directors
Ripple named Michael Warren, a former Obama White House senior adviser, to its board of directors on March 16, 2022, as the company kept adding Washington veterans while it fought the SEC.
Payments & ConsumerExecutive Hires
Paxos Names Ben Gray Global General Counsel
Paxos announced on February 3, 2022, that it had appointed Ben Gray, formerly Block's deputy general counsel, as its global general counsel to scale the company's compliance and legal teams.
Payments & ConsumerBoard Seats
Circle Names Danita Ostling to Board, Audit Chair
Circle Internet Financial appointed retired EY partner Danita Ostling to its board of directors and named her chair of the audit committee on Oct. 21, 2021.
Payments & ConsumerBoard Seats
Rosie Rios Joins Ripple's Board as Kristina Campbell Becomes CFO
Ripple named Rosie Rios to its board and Kristina Campbell as chief financial officer on May 4, 2021, five months into a Securities and Exchange Commission lawsuit over XRP.
Payments & ConsumerBoard Seats
Stripe Welcomes Mark Carney to Its Board of Directors
Stripe added Mark Carney, the former Governor of the Bank of England and the Bank of Canada, to its board of directors on Feb. 21, 2021, citing his experience in sustainable finance.
Payments & ConsumerExecutive Hires
BitPay Names Jagruti Solanki Chief Financial Officer
BitPay announced on December 1, 2020, that it had hired Jagruti Solanki, a former Aprio assurance partner, as chief financial officer alongside a new product vice president.
Payments & ConsumerExecutive Hires
Stripe Names Dhivya Suryadevara Chief Financial Officer
Stripe named Dhivya Suryadevara, General Motors' former chief financial officer, as its own CFO on Aug. 11, 2020, after the payments company launched in 15 new countries over the prior year.
Payments & ConsumerExits and Removals
PayPal COO Bill Ready to Leave at Year's End
PayPal announced on June 20, 2019, that Chief Operating Officer Bill Ready would transition out of the company by the end of the year, closing a six-year run that began with PayPal's 800 million dollar purchase of his startup Braintree.
Payments & ConsumerBoard Seats
Ripple Names SBI's Yoshitaka Kitao to Its Board
Ripple announced on April 26, 2019, that Yoshitaka Kitao, chief executive of its Japanese partner SBI Holdings, would join its board of directors, replacing SBI Ripple Asia's own chief executive in the seat.
Payments & ConsumerExits and Removals
Sarah Friar Steps Down as Square CFO for Nextdoor
Square announced on October 10, 2018, that Chief Financial Officer Sarah Friar would leave to become chief executive of the social network Nextdoor; CEO Jack Dorsey credited her with steering Square through an IPO.
Payments & ConsumerCEO Changes
SoFi Names Anthony Noto Chief Executive Officer
SoFi's board named Twitter COO Anthony Noto chief executive officer on Jan. 23, 2018, effective March 1, ending Tom Hutton's four-month run as interim CEO.
Payments & ConsumerCEO Changes
SoFi Co-Founder Mike Cagney Resigns as CEO
SoFi's board accepted Mike Cagney's resignation as CEO and director on Sept. 15, 2017, and named Executive Chairman Tom Hutton interim chief executive the same day.
Payments & ConsumerCEO Changes
Dash Founder Evan Duffield Steps Back as Chief Executive
Evan Duffield handed the Dash Core Project's top job to Ryan Taylor on April 18, 2017, moving into a senior advisor role years after he started the cryptocurrency network.
Payments & ConsumerCEO Changes
Dash Names Ryan Taylor CEO as Evan Duffield Steps Back
Ryan Taylor became CEO of the Dash Core Project on April 18, 2017, as founder Evan Duffield moved into an advisory role, and Taylor was still Dash's CEO in May 2020.
Payments & ConsumerBoard Seats
BitPay Elects Carl Stern to Its Board of Directors
BitPay announced on January 31, 2017, that Carl Stern, a former Boston Consulting Group chief executive, had joined its board as the payments company prepared for growth that year.
Payments & ConsumerCEO Changes
Chris Larsen Steps Down as Ripple Chief Executive
Ripple co-founder Chris Larsen told CoinDesk on Nov. 1, 2016, that he would hand the chief executive title to president Brad Garlinghouse, effective Jan. 1, 2017, after four years running the company.
Payments & ConsumerCEO Changes
Ripple Names Brad Garlinghouse Chief Executive Officer
Ripple's board moved Chris Larsen to executive chairman on Nov. 1, 2016, and gave his job to Brad Garlinghouse, the company's president and chief operating officer for the prior year and a half.
