Remove Settlement Remove Stablecoins Remove Web 3.0
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OKX Pay Launched to Simplify Crypto Payments and Self-Custody

Fintech News

The service will initially support stablecoins such as USDT and USDC, allowing users to send money as easily as sending a message. Transactions are free of charge, with near-instant settlement, although transfers are subject to compliance and risk controls. OKX plans to add support for more stablecoins over time.

Web 3.0 64
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Singapore Fintech Report 2024: Losses Continue to Mount for Digital Banks

Fintech News

In parallel, Singapore remains an active participants in Project Nexus , an initiative spearheaded by the Bank for International Settlements (BIS) to enhance global payments network connectivity. 2024 also saw stablecoin adoption pick up pace, following regulatory updates in late 2023.

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Fintech in Singapore: 2023 in Review

Fintech News

Digital money, digital assets and tokenization MAS is envisioning a future financial ecosystem that’s characterized by a network of interoperable systems, facilitating instantaneous and seamless payment, clearing and settlement. Payments remained the largest fintech verticals with 146 companies, followed by blockchain and Web 3.0 (136),

FinTech 108
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Meet the 18 Finalists for the 2024 Global Fintech Hackcelerator

Fintech News

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.

FinTech 117