October 16, 2025
Your October Newsletter for All Things BitPay and Crypto
The Important Bits
October has been a blockbuster month for crypto. Bitcoin hit new highs, legacy institutions like SWIFT embraced blockchain, and innovators from Square to Solana are pushing digital payments into the mainstream. In this issue, get insider data from our State of Stablecoins 2025 Report, learn how to import your wallet to BitPay, and score a limited-time gift card boost. Plus, merchant tips, shoutouts, and more from across the BitPay ecosystem. Let’s jump in.
Industry News & Headlines
Industry News
Read news from across the blockchain industry:
Bitcoin, Ethereum, and XRP Rebound After Sharp Selloff: Major cryptocurrencies bounced back, Bitcoin up 3.7% to $115,460, Ethereum 9%, and XRP 9.4%, after President Trump softened his stance on China, easing investor fears that fueled last week’s crypto crash. (Barron’s)
SWIFT and Global Banks Develop Blockchain Payment System: SWIFT and over 30 major banks, including JPMorgan and HSBC, are building a blockchain-based shared ledger to enable real-time, 24/7 cross-border payments and interoperability with stablecoins, tokenized deposits, and CBDCs. (Reuters)
Square Launches Bitcoin Payments and Wallet for Merchants: Jack Dorsey’s Block introduced Bitcoin payments and an integrated wallet for Square users, letting small businesses accept BTC and convert up to 50% of daily sales into Bitcoin with zero fees, aiming to make crypto spending as seamless as card payments. (Yahoo Finance)
Trump Becomes One of America’s Largest Bitcoin Holders: President Trump now indirectly controls roughly $870 million in BTC through his stake in Trump Media, whose $2 billion BTC purchase makes it one of the biggest corporate holders, cementing Trump’s transformation from crypto skeptic to major Bitcoin investor. (Forbes)
Dormant Bitcoin Wallet Moves $44M After 12 Years: A Satoshi-era wallet holding 400 BTC worth $44 million transferred its entire balance for the first time since 2013, joining a wave of long-dormant wallets reactivating amid Bitcoin’s record-breaking rally. (The Block)
BitPay in the News
Watch BitPay CEO, Stephen Pair, weigh in on why more businesses are pivoting to stablecoin payments. (CNBC)
Market Movers
A quick snapshot of notable market activity, trends, and cryptocurrencies driving headlines.
BitPay’s State of Stablecoins 2025 Report [Exclusive Stablecoin Stats Inside]
BitPay’s new State of Stablecoins Report reveals that while almost 95% of stablecoin transaction volume processed by BitPay occurs on the Ethereum network, transaction counts are more varied. Over half of all stablecoin transactions are made over Layer-2 networks like Polygon, Arbitrum, Base, and Optimism.
Dive into the full report to explore the latest trends, use cases, and what’s next for stablecoins in global payments.
BitPay Wallet Tip: Import Your Wallet to the BitPay App
Already have a self-custody wallet but want the perks and features of the BitPay app? Moving to the BitPay Wallet is easy - just import your private key or recovery phrase to access your funds instantly, no transfers or fees required.
Importing a wallet doesn’t move your crypto; it simply recreates access to your existing funds on another platform. Whether you’re switching wallets, restoring a lost device, or exploring new features, BitPay makes it easy to buy, store, swap, and spend with full self-custody control.
Note: Only self-custody wallets can be imported. If you use a custodial service like Coinbase, Binance, or Kraken, you’ll need to first move your funds to a wallet you control.
Limited-Time Offer: 5% Boost on Select Gift Cards
Now, through the end of October, get 5% more when you buy select gift cards with crypto in the BitPay app! Use your favorite coins to score extra value on brands including Best Buy, Adidas, Google Play sTore, Abercrombie & Fitch, and One4all. Terms and conditions apply.
Offer ends October 31st - don’t miss out! Check the BitPay app each month for more boosted gift cards.
Crypto Marketing Tips for Merchants
According to a Forrester Consulting study, merchants who promote crypto acceptance can attract up to 40% more new customers and double their average order value. Each month, we’ll share a quick tip to help you maximize those results.
Issue a press release
Issuing a press release announcing you now accept crypto payments through BitPay can have an immediate impact. BitPay makes this easy by providing a template you can use as-is or customize and make your own.
Merchant Shoutouts
Highlighting merchants driving crypto adoption and exciting promotions.
Shop APMEX’s silver and gold popular categories, including pop culture collectibles. Shop now!
OneGold gives you direct ownership of vaulted gold, silver, and platinum at an ultra-low cost. Start your free account today.
Buy a domain name with Namecheap today!
Ready to start accepting crypto with your Shopify business? Get started today with the BitPay app!
Instantly deploy high-performance cloud servers, cloud GPUs, bare metal, and cloud storage worldwide with Vultr. New users receive $100 to test their platform.
Use BrandBucket to name your business.
Shop US stores and have your items reliably shipped back home with Qwintry
BitPay Travel
BitPay Travel is now open to all! In collaboration with Xeni, BitPay Travel allows crypto users to pay for flights, hotels, rental cars, and activities with their cryptocurrency. Book your travel at great prices and pay straight from your cryptocurrency wallet.
Note: All information herein is for educational purposes only, and shouldn't be interpreted as legal, tax, financial, investment or other advice. BitPay does not guarantee the accuracy, completeness, or usefulness of any information in this publication and we neither endorse, nor are we responsible for, the accuracy or reliability of any information submitted or published by third parties. Nothing contained herein shall constitute a solicitation, recommendation, endorsement or offer to invest, buy, or sell any coins, tokens or other crypto assets. BitPay is not liable for any errors, omissions or inaccuracies. For legal, tax, investment or financial guidance, a professional should be consulted.
