ColumnWho moves the dollars
Payments & Consumer
- For
- Payments, fintech and product leads choosing which stablecoin, rail or wallet to build on
- The promise
- Know who issues the dollars on-chain, who moves them, and which wallets and apps people use, with a fair comparison.
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
Gnosis Cuts Its Gnosis App Team, Spins Out the Product
Gnosis Ltd reduced the team behind its consumer wallet, Gnosis App, and told its community on July 17, 2026, that the product would leave the company entirely by the third quarter.
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 & ConsumerCEO Changes
Yuga Labs Names Michael Figge Chief Executive
Greg Solano announced on April 16, 2026, that Michael Figge, who had worked at Yuga Labs since 2021, would become chief executive while Solano moved to chairman of the board.
Payments & ConsumerCEO Changes
Greg Solano Steps Down as Yuga Labs CEO
Greg Solano told followers on April 16, 2026, that he was moving into the role of chairman of the board at Yuga Labs after about two years as chief executive, handing the job to Michael Figge.
Payments & ConsumerCEO Changes
BC.Game Appoints Kar Kheng Giam as Chief Executive Officer
BC.Game named Kar Kheng Giam, known as KK, chief executive officer on March 25, 2026, as the crypto gaming platform pushes into licensed markets in Anjouan, Nigeria, Kenya, Mexico and Tanzania.
Payments & ConsumerExecutive Hires
Ledger Names John Andrews Chief Financial Officer
Ledger hired former Circle executive John Andrews as chief financial officer on March 20, 2026, alongside a new New York office, as the hardware wallet maker eyes a public listing.
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 & 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 & 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
Felix Fan Succeeds Eowyn Chen as Trust Wallet CEO
Trust Wallet's chief executive handover came 49 days after a poisoned Chrome extension drained 2,520 wallets, and the successor ran product at OKX.
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 & ConsumerBoard Seats
David Brickler Resigns From Animoca Brands Board
Director David Brickler resigned from Animoca Brands' board effective December 11, 2025, one day after John Madden's appointment took effect, the company announced on December 15, 2025.
Payments & ConsumerBoard Seats
Animoca Brands Appoints John Madden to Board of Directors
Animoca Brands said on December 15, 2025, that John Madden, its company secretary since 2019, had become a director on December 10, a day before director David Brickler resigned.
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
Robby Yung Takes The Sandbox From Its Co-Founders
Animoca Brands' investments chief became CEO of The Sandbox on Aug. 28, 2025, with both co-founders moved out of executive roles.
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 & ConsumerCEO Changes
TM Lee Steps Down as CoinGecko's Chief Executive Officer
CoinGecko co-founder TM Lee moved from chief executive officer to a new president role on August 18, 2025, handing the top job to his fellow co-founder Bobby Ong.
Payments & ConsumerCEO Changes
CoinGecko Names Co-Founder Bobby Ong Chief Executive Officer
CoinGecko promoted co-founder Bobby Ong from chief operating officer to chief executive officer on August 18, 2025, as fellow co-founder TM Lee moved into a new president role.
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 & ConsumerExecutive Hires
Animoca Brands Names Jamii Quoc General Counsel
Animoca Brands promoted Jamii Quoc to general counsel and its Executive Committee on March 6, 2025; she had joined the company's legal team in 2022.
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 & ConsumerLayoffs
Trung Nguyen Cuts 21 Percent of Sky Mavis Staff
Sky Mavis laid off 21 percent of its staff on November 23, 2024.
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 & 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
Gala Games Blockchain President Jason Brink Steps Down
Jason Brink resigned as Gala Games' president of blockchain on May 17, 2024, after four years at the company, and formed an outside group called LFG to keep working on its GalaChain infrastructure.
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 & ConsumerCEO Changes
Yuga Labs Names Greg Solano Chief Executive
Greg Solano, the Yuga Labs co-founder known as Garga, wrote on February 21, 2024, that he was stepping back in as chief executive after Daniel Alegre's ten months in the role.
Payments & ConsumerCEO Changes
Yuga Labs CEO Daniel Alegre Departs
Daniel Alegre, the former Activision Blizzard chief operating officer who ran Yuga Labs for about ten months, told employees on February 21, 2024, that co-founder Greg Solano was taking over as chief executive.
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 & ConsumerExecutive Hires
The Sandbox Names Nicola Sebastiani Chief Content Officer
The Sandbox announced on October 17, 2023, that it had hired former PlayStation and Apple executive Nicola Sebastiani as chief content officer to lead its creator economy push.
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 & ConsumerLayoffs
Roham Gharegozlou Cuts 51 More Jobs at Dapper Labs
Dapper Labs CEO Roham Gharegozlou confirmed the company's third round of layoffs in eight months on July 13, 2023, calling the result leaner.
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 & ConsumerExecutive Hires
Immutable Names Devon Ferreira Chief Marketing Officer
Immutable announced on March 8, 2023, that it had hired Avalanche's former marketing chief Devon Ferreira as chief marketing officer, alongside a new chief financial officer and a promoted chief commercial officer.
Payments & ConsumerExecutive Hires
Immutable Names David Bicknell Chief Financial Officer
Immutable announced on March 8, 2023, that David Bicknell, a former Meta and Twitter finance leader, was its chief financial officer, alongside a new chief marketing officer from Ava Labs.
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 & 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 & 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 & ConsumerCEO Changes
Trezor Names Matěj Žák Chief Executive
SatoshiLabs announced on January 12, 2023, that Matěj Žák would succeed co-founder Marek Palatinus as chief executive of the hardware wallet maker Trezor.
Payments & ConsumerCEO Changes
Nicole Muniz Steps Down as Yuga Labs CEO
Nicole Muniz told her followers on December 19, 2022, that Daniel Alegre, then president and chief operating officer of the $60 billion gaming company Activision Blizzard, would succeed her as Yuga Labs' chief executive.
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 & ConsumerExecutive Hires
Dapper Labs Names Former Meta Executive Nick Grudin Business Chief
Nick Grudin left Meta's content partnerships team to become Dapper Labs' chief business officer on August 11, 2022, then returned to his old Meta job seven months later.
Payments & ConsumerExecutive Hires
Animoca Brands Names Alan Lau Chief Business Officer
Animoca Brands named Alan Lau, Tencent WeSure's former CEO, chief business officer on July 21, 2022, when it valued its portfolio at more than $1.5 billion across 340 investments.
Payments & ConsumerLayoffs
OpenSea Lays Off About 20 Percent of Its Staff
OpenSea CEO Devin Finzer told the company's staff on July 14, 2022, that the NFT marketplace was letting go of roughly 20 percent of its team to prepare for a prolonged crypto winter.
Payments & ConsumerExits and Removals
OpenSea Co-Founder Alex Atallah Steps Away From the Company
Alex Atallah told his team on July 1, 2022, that his last day at OpenSea would be July 30, after handing off every function he ran to new leaders since NFTs took off.
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 & ConsumerExecutive Hires
Immutable Names Katherine Rau Chief People Officer
Immutable hired Katherine Rau from Culture Amp as its first chief people officer on December 9, 2021, the same day it named two other senior executives during its IMX token launch.
Payments & ConsumerExecutive Hires
Immutable Names Gill Findlay Chief Operating Officer
Immutable appointed Gill Findlay to the newly created role of chief operating officer on December 9, 2021, pulling her from venture firm AirTree as the NFT platform reached a $12 billion token valuation.
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 & ConsumerExecutive Hires
Flexa Hires Michelle Gitlitz as General Counsel
Flexa named Michelle Gitlitz general counsel effective Oct. 1, 2021, bringing in a lawyer with more than 20 years of experience to lead its legal and regulatory work.
Payments & ConsumerExecutive Hires
Gala Games Names John Osvald President of Games
Gala Games hired former Electronic Arts product head John Osvald as president of games on June 10, 2021, as the blockchain gaming platform worked to onboard 15 titles.
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 & ConsumerCEO Changes
CoinMarketCap's Interim CEO Carylyne Chan Departs
Carylyne Chan left CoinMarketCap on Aug. 30, 2020, and CoinDesk reported the next day that four more executives left the Binance-owned site the same week.
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 & ConsumerExecutive Hires
Ledger Names Charles Guillemet Chief Technology Officer
Ledger appointed Charles Guillemet chief technology officer on December 5, 2019, keeping the security researcher who founded its Donjon lab in charge of its hardware wallet technology.
Payments & ConsumerWallets & Consumer Apps
Mike Peterson Pays El Zonte in Bitcoin and Tags Bukele
Bitcoin Beach paid El Zonte's river cleaners in bitcoin in September 2019, and El Salvador passed its Bitcoin Law in June 2021.
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 & ConsumerCEO Changes
Ledger Names President Pascal Gauthier Chief Executive
Ledger named its president, Pascal Gauthier, chief executive officer on April 24, 2019, as founder Eric Larchevêque moved to the role of executive chairman.
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 & ConsumerWallets & Consumer Apps
Dieter Shirley and William Entriken Give Each Cat a Deed
Dieter Shirley drafted Ethereum's NFT standard while building a cat game in 2017; William Entriken finished it, and NFT buyers grew 30-fold in 2021.
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 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 & 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 & 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
SatoshiLabs Names Marek Palatinus Chief Executive Officer
SatoshiLabs named co-founder Marek Palatinus chief executive officer effective January 17, 2017, succeeding Alena Vranova as the Trezor hardware wallet maker's top leader.
Payments & ConsumerCEO Changes
SatoshiLabs' Alena Vranova Steps Down as Chief Executive
Alena Vranova left the CEO post at SatoshiLabs effective January 17, 2017, to pursue independent ventures while continuing to work with the Trezor hardware wallet.
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.
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 & ConsumerWallets & Consumer Apps
Jordan Kelley's Robocoin Serves Bitcoin in a Vancouver Café
Robocoin's kiosk opened in a Vancouver café on October 29, 2013; FTC data put 2023 losses to Bitcoin ATM scams above $110 million.
