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dtcpay Announces Shift to Stablecoin-Only Payment Services by 2025

Fintech News

Digital payment token provider dtcpay has announced a strategic shift to exclusively support stablecoins for all its payment services starting in January 2025. The company emphasises the inherent volatility of cryptocurrencies like Bitcoin and Ethereum as a driving force behind this decision.

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Telcoin Bank Steps Closer to Becoming the First Regulated Crypto Bank in the US

The Fintech Times

Its upcoming launch hopes to disrupt the $200billion stablecoin market and create a bridge between traditional finance and cryptocurrencies. Telcoin Bank plans to offer fully regulated, bank-issued ‘Digital Cash’ stablecoins, alongside a suite of blockchain banking products and services.

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How to Buy Cryptocurrency in Singapore (2025)

Fintech News

Thinking about diving into the world of cryptocurrency in Singapore? In this guide, well walk you through everything you need to know on how to buy cryptocurrency in Singapore. What is Cryptocurrency? Compared to traditional currencies, cryptocurrencies operate on decentralised networks, often powered by blockchain technology.

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Xoom Enables Partners to Use PayPal USD for Faster Cross-Border Payments

Fintech News

Yellow Card, Africa’s largest licensed stablecoin on/off-ramp fintech, will also leverage PYUSD to facilitate transactions. Yellow Card CEO Chris Maurice highlighted the transformative potential of stablecoin-based payment rails in optimising cross-border transactions.

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Crypto Payments in Singapore Near US$1 Billion, Fueled by Stablecoin Adoption

Fintech News

Singapore’s cryptocurrency market has seen a notable increase in crypto payments , with merchant services receiving nearly US$1 billion in crypto during the second quarter of 2024. A key part of this growth is the rise of XSGD, the Singapore dollar-backed stablecoin issued by StraitsX. In contrast, stablecoins pegged to the U.S.

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Why More EU Companies Are Accepting Stablecoins Using CoinRemitter

CoinRemitter

The crypto payment adoption is growing rapidly across the European Union (EU), with stablecoins being widely used as a preferred cryptocurrency among businesses. The Rise of Stablecoins in Europe With the evolving global financial landscape, European businesses are aggressively turning to cryptocurrency payments for more efficiency.

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Chainalysis Acquires Web3 Security Company Hexagate

Finovate

Levin added that protecting the crypto ecosystem will only become more crucial as smart contracts facilitate more value and the use of stablecoins grow. He also noted that governments are increasing the monitoring of smart contracts associated with illicit funds. Chainalysis was founded in 2014 and has raised $537 million.

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