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The Next Bridge.xyz? BlindPay's CEO Wants to Revolutionize Global Payments
23.1.2025
Bernardo Moura is looking to upend SWIFT’s dominance of the massive international payments industry, starting with Latin America
Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates
11.12.2024
Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth
Stripe Brings Stablecoin Payments to Over 70 Countries
11.10.2024
The payments giant, Stripe, is reviving its crypto ambitions by announcing payments with a stablecoin called USD Coin.…
Ripple & Mercado Bitcoin Partner to Upscale Global Payments
3.10.2024
Ripple Labs, a leading blockchain payments firm, has launched its enhanced end-to-end payments solution in Brazil. This marks…
Binance Research Report: Blockchain Could Transform Cross-Border Transactions
30.8.2024
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a...
Ripple Report: Crypto and CBDCs Transforming Global Payments
31.5.2024
Ripple’s recently published 2023 Trends in Regional Payments ebook highlights the transformative role of cryptocurrencies and Central Bank Digital Currencies (CBDCs) in the global payments landscape. Latin America is witnessing a digital transformation with a shift towards crypto-powered...
Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog
31.10.2023
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said
Mastercard Explores Web3 Alliances: MetaMask and Ledger Included
25.10.2023
Source: Pexels Global payments giant Mastercard is eyeing potential collaborations with self-custody wallet firms, such as MetaMask and Ledger, as part of its strategic push into the Web3 space. Citing an internal report from a Web3 strategy workshop, CoinDesk on Tuesday said Mastercard sees...
Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network
13.9.2023
David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value over the internet and that we were still in...
Bitcoin will bring global payments out of the ‘fax era' — Ex-PayPal boss
12.9.2023
Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email
US Dollar Dominance in Global Payments Strengthens, SWIFT Data Shows
27.8.2023
The U.S. dollar’s dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% in July. In addition, the share of the transactions involving the Chinese yuan...
Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin
17.8.2023
According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon. Amid Bybit’s announcement, Paypal’s PYUSD token has seen little movement as most of the supply is held by the contract and the Paxos Treasury. Dubai-Based Bybit Prepares to List...
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
6.7.2023
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential
Novatti launches AUDD on XRPL for global payments
13.6.2023
The adoption of stablecoins has been steadily increasing in recent years. According to The Block Research’s 2023 Digital Asset Outlook report, stablecoins have gained product-market fit and institutional adoption, with their overall usage reaching new records in 2022. The annual adjusted...
Economist Jim Rickards Predicts Unveiling of New BRICS Currency — Says ‘the World Is Unprepared for This Geopolitical Shock Wave’
11.6.2023
Jim Rickards, an economist and the author of “Currency Wars,” has predicted the unveiling of a new BRICS currency, stating that it “could weaken the role of the dollar in global payments and ultimately displace the U.S. dollar as the leading payment currency and reserve currency.” Emphasizing that...
Global Payments Giant Visa Experiments with Ethereum's Goerli Testnet – Here's the Latest
19.5.2023
Global payments giant Visa has used Ethereum's Goerli testnet to try out transaction-free payments with the help of account abstraction.
On-chain data shows that Visa used a smart contract called Paymaster, allowing the company to take advantage of account abstraction to perform complex tasks...
Study Shows QR and Digital Payments Continue Gaining Ground in Argentina
14.3.2023
A recent study made by Fiserv, a global payments company, shows that QR and digital wallets have grown significantly as payment options in Argentina. While credit card preference has stagnated, the use of cash for payments has decreased, with only 14% of the polled choosing to use it over other...
How the Biggest Money Experiment in Human History Will Impact Global Payments
15.1.2023
Ran Goldi is VP of Payments for Fireblocks, a provider of digital asset infrastructure.__________ ...
Read More: How the Biggest Money Experiment in Human History Will Impact Global Payments
Leading Global Payments Network MoneyGram to Offer Cryptocurrency Services
2.11.2022
Global payments company MoneyGram has announced that US users can now use its platform to buy, sell, and hold some major cryptocurrencies.
In a November one press release, the payments giant said that it will offer crypto purchase services via its app to customers in nearly all U.S. states...
Bakkt shares skyrocket after partnering with Mastercard and Fiserv
26.10.2021
Bakkt’s share price surged by 120% during Monday’s trading session on the heels of fresh partnerships with global payments firms