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103 articles found
Latest
William Quigley, WAX/Tether: Stablecoins’ Role in Global Payments
William Quigley, co-founder of WAX and Tether, firmly believes that stablecoins are more than a tool for traders—they’re the key to transforming the global economy. Already central to crypto trading and cross-border payments, their future potential is even more exciting.
El Salvador and russia Eye Crypto Ties Amid Geopolitical Tensions
President Nayib Bukele of El Salvador is reportedly planning a 2025 visit to russia, where cryptocurrency and cross-border crypto payments will headline discussions. Still, the geopolitical landscape raises questions about the visit’s feasibility.
Mastercard and JPMorgan Take B2B Payments to the Blockchain
With the integration of Multi-Token Network (MTN) and Kinexys (previously Onyx), Mastercard and JPMorgan are advancing blockchain-driven asset management.
Stablecoin Payments Platform BVNK Looks to Raise $50M
Blockchain-based and stablecoin-focused payments platform BVNK aims for a new funding round. According to Bloomberg, the startup, which is backed by Tiger Global Management, is in talks with potential buyers to raise at least $50M.
Daily Spending with Crypto: Coins with Low Fees
Cryptocurrencies are quickly becoming part of our daily routines. Today, we can use them to pay for coffee, streaming services, or even tickets to a favorite game. However, not all cryptocurrencies work well for quick and affordable everyday payments.
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Stripe Acquired Bridge in the Largest Crypto Deal to Date
Stripe, a payments services company, acquired the stablecoin platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington’s post on X.
Visa Set to Introduce Tokenized Asset Platform by 2025
Visa, the leading company in the banking payments sector, is working on a solution to tokenize traditional assets on the blockchain. The Visa Tokenized Asset Platform (VTAP), a platform for creating tokens on Ethereum, was announced in a report published on October 3, 2024.
Ripple Minted 99% of Its RLUSD Stablecoin Total Supply in a Day
At the end of September, Ripple got a major update related to its Ripple USD (RLUSD) stablecoin. The blockchain payments company minted 800,000 RLUSD, or 99% of the total supply in 24 hours, according to an X post by XRP Ledger validator Vet.
Buy Ukraine vs Georgia Nations League Tickets with Crypto!
WhiteBIT, Europe’s leading crypto exchange and the official sponsor of the Ukrainian national football team, started a pre-sale of tickets for the upcoming Ukraine vs Georgia home match in the UEFA Nations League, accepting payments in cryptocurrency. The game will be held on October 11 at the City Stadium in Poznań, Poland.
British Branch of Coinbase Hit with $4.5 Million Fine
The UK financial regulator, FCA, fined CB Payments Limited (CBPL), a subsidiary of Coinbase Group, £3,503,546 (approximately $4.5 million) for servicing high-risk clients.
KuCoin Launches KuCoin Pay — Redefining Retail Payments
The KuCoin platform has introduced KuCoin Pay, an advanced payment solution that seamlessly integrates cryptocurrencies into the retail experience. By offering smooth, borderless, and contactless transactions, KuCoin Pay is setting the stage for a new era of digital commerce.
Singapore Gulf Bank Enters the Stablecoin Market
Singapore Gulf Bank is preparing to acquire a company specializing in stablecoin payments. To fund the acquisition, the bank aims to raise at least $50 million in a new financing round. The deal is expected to close by early 2025.
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USDQ and EURQ: The Dutch Stablecoins Set to Shake Up Europe
On November 17, the Dutch blockchain firm Quantoz Payments officially launched two new stablecoins, USDQ and EURQ, pegged to the US dollar and euro, respectively.
Detroit Embraces Crypto for Tax Payments
Detroit is gearing up to become the largest U.S. city to accept cryptocurrencies for tax and city fee payments.
Mandala: BIS’s New Initiative for Smoother Cross-Border Payments
The Bank for International Settlements (BIS) has collaborated with central banks from Australia, Singapore, South Korea, and Malaysia to test Project Mandala—a system designed to enhance cross-border payment speed and efficiency.
Stripe Reenables Crypto Payments in the US After the 2018 Halt
Financial services company Stripe has reenabled crypto payments after halting them in 2018. The announcement came from Jeff Weinstein, Product Lead at Stripe, via his post on X (formerly Twitter).
VPN for Cryptocurrency: A Match Made in Digital Heaven?
In the cryptocurrency space, ensuring the safety of your funds is a permanent challenge. A VPN could be a crucial tool for solving this problem. Which is the best VPN to choose for crypto payments, and how to you use a crypto VPN effectively?
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WalletConnect WCT Airdrop Registration Kicks Off
The Connect Token (WCT) serves as the native token of the WalletConnect Network, aimed at securing and upholding the network's decentralization. WCT will be utilized for payments, rewards, staking, and governance voting.
Anthropic Offers Payments for AI Jailbreak Discoveries
Anthropic, an AI development company, broadened its bug bounty program to reward those who discover vulnerabilities in AI models.
Tangem and Visa Partner to Launch New Crypto Wallet
Tangem, a company specializing in card-based crypto wallets, is collaborating with Visa to create a new hardware wallet incorporating Tangem Pay technology. This will enable users to make payments at standard terminals.
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