This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
The service will initially support stablecoins such as USDT and USDC, allowing users to send money as easily as sending a message. OKX plans to add support for more stablecoins over time. Star Xu OKX CEO Star Xu said the new service is part of a broader effort to support the mainstream adoption of crypto and Web3.0
Stablecoins, once seen mostly as tools for digital trading or wallets, are now entering the operational core of treasury, liquidity, and compliance systems. From programmable settlement and 24/7 cash positioning to on-chain reporting and risk automation, stablecoins are increasingly viewed as components of day-to-day finance.
Recent News PayPal to Expand PYUSD Stablecoin to Stellar for Faster, Cheaper Global Payments Rosalia Mazza PayPal plans to launch PYUSD on the Stellar blockchain, expanding its stablecoin's utility for real-world payments, remittances, and financing—pending regulatory. trillion wealth fund posted a $39.7B
Full Article Ionic Digital Reports Preliminary Financials for 2024: A Transition Year for the Post-Celsius Mining Operation Rosalia Mazza Ionic Digital has released its preliminary financial results for 2024, showing $138.4 trillion wealth fund posted a $39.7B million in mining revenue and a zero-debt position.
Alchemy Pay, a provider of fiat-crypto payment solutions, is preparing to launch its Web3.0 This new initiative aims to provide global Web3.0 Inspired by Ripple’s cross-border payment model, the Web3.0 Balances can be transferred instantly to stablecoins like USDT and USDC. digital bank.
Gibbs Lvy, Co-Founder of Alchemy Pay said, “reviously, we operated as a compliant Web3.0 Innovative fintech firms like LaPay are reshaping the dynamics between traditional banking, finance, payments, and Web3.0.
The partnership’s first phase includes the launch of the dtcpay Visa Infinite card, allowing users—particularly ultra-high-net-worth (UHNW) individuals—to convert digital currencies like stablecoins into fiat at real-time rates. Adeline Kim “By combining Visa’s global reach with dtcpay’s Web3.0
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.
2024 also saw stablecoin adoption pick up pace, following regulatory updates in late 2023. Paxos, an American blockchain infrastructure and tokenization platform, became in July 2024 the first company to receive full approval from Singapore to issue stablecoin. This was followed shortly thereafter by StraitsX and its XSGD stablecoin.
On digital money, MAS is investigating wholesale central bank digital currencies (CBDCs), tokenized bank liabilities, and regulated stablecoins. Payments remained the largest fintech verticals with 146 companies, followed by blockchain and Web3.0 (136), and advancing talent.
DigiChain Innovations (Australia) DigiChain Innovations is a full-fledged web 2.0 Finally, the solution integrates the use of stablecoins for instant settlement by enabling real-time, secure payments through stablecoins once escrow conditions in the smart contract are met.
Users can fund the card through Singapore dollar transfers or, for those already active in digital finance, by converting stablecoins such as USDT and USDC. By enabling top-ups through fiat or digital assets, were allowing both mainstream and Web3.0-savvy said Elsa Qiu, Chief Commercial Officer at DCS Card Centre.
The reserve may also support ecosystem-aligned tokens and stablecoins such as World Liberty Financial USD (USD1). which manages a Solana ecosystem treasury strategy, and a partnership with Web3.0 Amber has already begun deploying capital from the reserve, citing its investment in DeFi Development Corp.,
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content