[Payment company Modern Treasury acquires stablecoin startup Beam for $40 million] Odaily Planet Daily News: Payment company Modern Treasury announced the acquisition of stablecoin startup Beam for $40 million. According to a source familiar with the matter, the acquisition is an all-stock transaction. Beam, founded in 2022, provides software for banks and other enterprises to send and receive stablecoins (cryptocurrencies pegged to underlying assets like the US dollar). (Fortune)