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Mastercard, Visa play down stablecoin threat

Payments Dive

Mastercard Chief Product Officer Jorn Lambert contended that 90% of the current stablecoin volume is for trading in other cryptocurrencies, such as bitcoin. “It It is not currently used as a general purpose payment tool,” Lambert said on the Monday call with analysts.

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Rethinking Scale and Trust in Fintech: Why Serving Small Businesses Still Demands Rigor - Interview with Anchit Singh

Fintech Weekly

Related Articles Business Astra Fintech Acquires Dexlab to Expand Solana-Based Token Infrastructure Astra Fintech acquires Solana-native Dexlab for $10 million, aiming to strengthen programmable token infrastructure and fintech use cases in Asia. According to the textbook definition, it refers.

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Stablecoins emerge as alternative: Amex CEO

Payments Dive

They theoretically hold their value better than digital currencies, like bitcoin, which surge and decline in value daily. A June report from the consulting firm Deloitte concluded that stablecoins could take business away from traditional financial institutions. Amex already has one foot in the cryptocurrency door.

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What Would it Take to Get Users Onside With CBDCs for Everyday Use?

The Fintech Times

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. The potential use cases and benefits for users are hazy at best. In recent years, digital currencies have been all the rave.

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Is The UK’s Mulling Of Crypto Derivative Ban A Sign Of Things To Come?

PYMNTS

At this writing, bitcoin trades were at $6,352. Bitcoin stands out for the month with “only” a 4.5 It is regulation that could curtail use cases before they even begin, hobbling tokens and exchanges, and perhaps levying taxes and layering on oversight … in short, grounding “sky is the limit” fantasies firmly in reality.

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Why Payments Should Stop Worrying About ‘The Next Big Thing’

PYMNTS

Bitcoin (and other cryptocurrencies) had started its major run; everyone was excited. In the panel discussions, the bitcoin proponents were talking about it reaching $100,000. This was what everyone was hoping for — bitcoin was finally taking off, and it was going to be HUGE. As 2018 rolled along, bitcoin dipped.

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80+ Companies Shaping The Blockchain Landscape

CB Insights

Categories are not mutually exclusive and companies are mapped according to primary use case. The company offers enterprise blockchain application development, technology services, and consulting. Genesis Digital Assets , a US-based bitcoin miner, raised $125M in funding in July 2021.