Remove Blockchain Remove Caps Remove Central Bank
article thumbnail

i2c President Says Blockchain Will Unlock Cryptocurrency

PYMNTS

To get a sense of just how hard it is for cryptocurrencies to gain, well, currency in everyday life, consider bitcoin, perhaps the granddaddy of cryptocurrencies — and still the 900-pound gorilla in the space, with roughly two-thirds of the market cap across the entire sector.

article thumbnail

Stablecoins in Asia Are Stably Reducing Dependency on USD

Fintech News

These initiatives also seem to complement ongoing efforts to develop Central Bank Digital Currencies (CBDCs), as both digital assets aim to modernise traditional financial systems. Operating on Ethereum and other blockchain networks, XSGD boasts a market cap exceeding $18 million. With a market cap of $4.8

article thumbnail

What Is Blockchain Technology?

CB Insights

Blockchain. Huge corporations — like Walmart and Pfizer — have completed successful blockchain pilots. Research Briefing: Blockchain in Review. Become an expert on what’s new and what’s next for blockchain, diving into bitcoin, ethereum, cryptocurrencies, enterprise blockchains, and a whole host of other topics.

article thumbnail

DECTA Joins Forces With French Fintech to Revive Euro-Pegged Stablecoin

The Fintech Times

Ireland-based electronic money institution (EMI) DECTA is joining forces with France-based fintech Next Generation to launch a new Euro-pegged stablecoin, ‘EURT’ DECTA and Next Generation explained that EURT is fully compliant with MiCA requirements and will operate on the Stellar blockchain, as well as three other platforms.

article thumbnail

In Kenya, Banks Explore Blockchain For Payments

PYMNTS

Bloomberg reports that banks in Kenya are pursuing regulatory approval to use distributed ledger technologies (DLT) to help facilitate payments and create credit scoring models. But, Kenya’s central bank has sounded a note of caution. In a report from the bank, blockchain may hold risk if it is misused.

article thumbnail

DFSA Grants Ripple Approval to Provide Crypto Services to UAE Businesses

The Fintech Times

The Dubai Financial Services Authority (DFSA) has granted Ripple , the enterprise blockchain and crypto solution provider, approval to provide regulated crypto payments and services in the Dubai International Financial Centre (DIFC).

article thumbnail

Ethereum Price Jumps After Mastercard Joins Alliance

PYMNTS

The report noted that as of Wednesday (July 19) there is a $10-billion difference between the market caps of bitcoin and Ethereum, and if the prices for Ether continue to increase Ether will be a real challenger to bitcoin once again. At its peak the market cap of Ethereum was $35 billion and was $3 billion away from surpassing bitcoin.

Visa 59