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Mastercard has introduced new global capabilities to enable stablecoin transactions from wallets to checkouts, expanding its role in digital asset payments. The companys latest partnerships with OKX and Nuvei are part of a broader effort to create a seamless system where consumers can spend stablecoins and merchants can receive them.
Singapore-based digital payments provider dtcpay has partnered with BNB Chain to accelerate the real-world utility of stablecoins, making paying with stablecoins more practical, accessible, and cost-effective for everyday transactions. Users can swap between stablecoins and fiat currencies and spend fiat directly through the card.
Nebraska’s Department of Banking and Finance has approved an application from blockchain-based financial service provider Telcoin to become the state’s first Digital Asset Depository Institution.
Ozean , a blockchain for Real-World Assets (RWA) yield launched by Clearpool , is joining forces with First Digital , a Hong Kong-based group offering global multi-asset custodial, trust, payments and stablecoin solutions, as part of WakeMaker, Ozean’s accelerator programme.
Unifying global fiat and stablecoin payments, stablecoin payments infrastructure provider BVNK has announced a new embedded wallet. They have existed in today’s market for some time but have had limited capabilities to manage stablecoin, crypto and fiat payments in one place. Why stablecoins?
BVNK , a stablecoin payment infrastructure provider, is joining forces with First Digital , the group behind First Digital USD, in a move to bolster the adoption of the USD-backed stablecoin within the crypto ecosystem.
the innovative, tech-driven payments bank, announces the launch of EURI, a bank-backed stablecoin, compliant with the Markets in Crypto Assets Regulation (MiCA). EURI is the first e-money token launched by Banking Circle and the first MiCA regulated stablecoin that is issued and backed by a bank in the EU. Banking Circle S.A.,
Cryptocurrency platform startup Circle has overhauled its network to advance mainstream trading, while its stablecoin USDC has surpassed three billion in circulation, growing by nearly 500 percent in 2020. “At He said the public blockchain will take digital dollar stablecoins mainstream.
Swift, the global financial messaging network, is actively working to incorporate regulated digital assets and currencies onto its platform. A key focus of these developments is testing multi-ledger Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) transactions.
Most of these centre on how firms handle digital assets, particularly stablecoins, as well as the operational and legal adjustment needed to navigate the changing landscape. Stablecoins, as a subset of digital assets, have been a focal point of both the Bill and the FCAs regulatory discussions.
Blockchain has the potential to disrupt nearly every industry. Read our What Is Blockchain explainer for more.). Read our What Is Blockchain explainer for more.). And while the virtual currencies aim to facilitate more secure transactions, their values are increasingly centered around speculation. First name.
These companies span every segment of the market, from long-established remittances players and banks to neobanks, business-to-business (B2B) platforms, stablecoin providers and regional specialists, and are powering global trade. In particular, its DBS Globesend solution for cross-border payments spans 132 currencies and 190 countries.
In this article, Akshata Namjoshi, Kabir Kuma, and Ahlam Faouzi from KARM Legal Consultants , the emerging technologies-focused law firm, provide an in-depth analysis of the UAE’s regulatory landscape for stablecoins. Additionally, stablecoins are increasingly being explored for use in payments due to their stability and efficiency.
Blockchain companies raised more venture capital and private equity funding in H1’21 than any full year in history. download our best of blockchain research. download our best of blockchain research. But blockchain’s potential extends well beyond crypto and NFTs. First name. Company name. Phone number.
the tech-driven payments bank, has launched its bank-backed stablecoin, EURI. The EURI stablecoin is the first MiCA-regulated digital asset that is issued and backed by a bank in the EU. The burning and minting of EURI is enabled by the Fireblocks tokenisation engine and secured by its multi-party computation (MPC-CMP) technology.
Firstly, blockchain is being integrated into the traditional financial system – with stablecoins, CBDCs included, and tokenised RWAs [Real World Assets]. It also offers its customers multi-asset custody, virtual IBANs, safeguarding accounts, and PaveNet, an ever-active, multi-asset network connecting its clientele.
Yellow Card , Africa’s leading stablecoin on/off ramp, has announced that it is integrating digital asset infrastructure provider Fireblocks to improve cross-border transactions for both businesses and individuals.
Best for : Platforms requiring multi-product financial offerings. Zoho Subscriptions A flexible subscription billing solution with integrated invoicing, dunning management, and multi-currency support. Managing payments and FX is mission-critical for businesses operating across borders or handling multi-currency revenue streams.
Previously called “Cardlite,” the solution will enable BOCHK to enhance the customer experience with new offerings, including its multi-currency Mastercard debit card. ” Founded in 2020, RD Technologies offers two primary solutions via its subsidiaries: the RD Wallet and the HKDR stablecoin (HKDR). .”
Singapore-based digital payments provider dtcpay has partnered with BNB Chain to accelerate the real-world utility of stablecoins, making paying with stablecoins more practical, accessible, and cost-effective for everyday transactions. Users can swap between stablecoins and fiat currencies and spend fiat directly through the card.
In recent years, digital currencies have been all the rave. 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. Until then, popular tokens USDC and USDT will continue to dominate the stablecoin landscape.”
At a G20 meeting in the middle of October, European Union finance ministers will reportedly tell their counterparts that a worldwide regulatory response is needed to so-called stablecoins like Facebook’s Libra. Libra — a blockchain-backed cryptocurrency — aims to connect the 1.7 The EU will tell G20 partners at an Oct.
Users will be able to send money in 21 currencies– including USD, CAD, EUR, GBP, SGD, HKD, and JPY. “We chose to partner with Wise Platform due to their extensive currency coverage and stellar cross-border payments experience they are known for. . based company processes $154 billion (£118 billion) annually.
I will go back maybe a decade ago again with blockchain. I used to joke that everyone tried to end every conversation, every sentence with “on the blockchain.” We have done a lot of work with blockchain technology, particularly stablecoin. It is really important to separate out blockchain as a technology.
Nium has partnered with Partior, a blockchain-based fintech for clearing and settlement. The move makes Nium the first payment service provider to join Partior’s blockchain-based network, enabling real-time cross-border payments, clearing, and settlement across 100+ markets.
Pave Bank is a fully regulated commercial bank where clients can get business banking products (such as multi-currency operating accounts, global payment connectivity, and treasury management solutions). They will also have access to multi-asset custody, virtual IBANs, safeguarding accounts and PaveNet.
operates Max Miles, Singapore’s newest multi-merchant loyalty programme. By leveraging the Model Law on Electronic Transferable Records to create verifiable and transferable electronic trade documents on a blockchain platform, DigiChain Innovations can facilitate the digitisation of trade documents. Heymax.AI (Singapore) Heymax.ai
And for the settlements, consider these stablecoins as traveling finite territory in the most recently defined uses cases – as in, intrabank. The pilot is slated to begin next year, with plans to eventually have multi-currency transactions. The initial five currencies being reported include CAD, EUR, GBP, the dollar and the yen.
Efforts were also made to advance digital assets, tokenization and central bank digital currency (CBDC) experimentation with initiatives such as Project Guardian and Project Orchid expanding to include more use cases and moving towards “live” pilots. 136), regtech (119) and investments and wealthtech (82).
dtcpay has teamed up with BNB Chain , the community-driven blockchain ecosystem that includes the worlds largest smart contract blockchain by daily transactions to accelerate the real-world utility of stablecoins.
BVNK is launching an embedded wallet that unifies fiat and stablecoins. The new wallet will allow fintechs, payment providers, and platforms to offer their customers seamless multi-currency payments across traditional and blockchain rails.
At the same time, the shift to cashless payments reduces cash handling, promoting digital transactions even in sectors traditionally reliant on physical currency, such as small businesses. Multi-functional mobile wallets : Mobile wallets have expanded beyond simple payment processing to serve as multi-functional financial tools.
Mastercard is advancing the future of payments, finance and technology with new, global end-to-end stablecoin acceptance and payments capabilities. Harnessing this potential, Mastercard is ensuring that people and businesses can make and receive stablecoin payments anytime, anywhere. Wirex , Bit2Me , Lirium , Notabene , Coins.ph
Blockchains have changed how we think about value, trust, and digital ownership. In simple terms, interoperability allows blockchains to talk to each other. In simple terms, interoperability allows blockchains to talk to each other. However, despite the innovation, most chains still operate in isolation.
Bitget Wallet is positioning itself as a financial superapp, bridging blockchain innovation and real-world usability to revolutionize how individuals manage their money. With its earning, sending, and spending ecosystem, users can deposit crypto assets, such as stablecoins, into savings accounts offering flexible, real-time yields.
A crypto payment processor helps businesses accept payments in digital currencies. Some also let them convert cryptocurrency into regular money (fiat currency). Accepts Digital Payments A crypto payment gateway allows businesses to accept digital currencies like Bitcoin, Ethereum, and others. Heres how it helps and works: 1.
It includes no deposit or withdrawal fees, staking options and 700-plus trading pairs (including leading stablecoins), which can also be accessed in the user’s chosen currency. TD Bank has teamed up with Backbase to help evolve and improve the digital experience for its retail partners.
We also look at a new blockchain banking app, and a pair of partnerships designed to boost crypto trading security and tax compliance, respectively. The app, called Bleap , enables users to spend stablecoins without having to pay conversion fees. HTX noted that it plans to expand the number of loanable and collateral assets.
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