2022-12-22 13:44 |
While on-chain stablecoins settlements are growing rapidly, many people pointed out that comparing stablecoin settlements to Visa transactions is not fair as they represent two different things. origin »
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Russia is considering stablecoins as an option for cross-border settlements, according to the country’s finance minister. Russia Could Use Stablecoins Russia could use stablecoins for international settlements. On September 6,...
2022-9-7 22:57 | |
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President Vladimir Putin had signed a law banning digital payments earlier this summer.
2022-9-7 19:22 | |
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The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) of the Bank for International Settlements (BIS) published guidance on stablecoin regulation this past July 13.
2022-7-15 00:00 | |
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In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements.
2022-7-12 18:00 | |
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Checkout dot com, an online payment service provider, has rolled out a stablecoin settlement solution using Fireblocks’ new crypto payment technology that allows merchants to accept or make payments round-the-clock.
2022-6-8 23:10 | |
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Stellar (XLM) has been on a bullish trend since Sept. 27 and the momentum of the trend is expected to get stronger following its partnership with MoneyGram to allow MoneyGram customers to make USDC stablecoin settlements.
2021-10-8 17:02 | |
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Stablecoins have been under a lot of regulatory scrutiny off late, largely due to unclarified laws around the world. In response to this upheaval, the Bank of International Settlements (BIS) has releaThe post Here's how the BIS wants to 'standardize' the stablecoin industry appeared first on AMBCrypto.
2021-10-7 23:30 | |
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Global payment giant Mastercard has announced significant upgrades to its crypto acceptance protocols, removing long-standing bottlenecks for cryptocurrency to fiat conversion. The company is the latest in the legacy payment arena to increase its focus on virtual currencies as demand for digital currency settlement options continues to increase.
2021-7-21 04:00 | |
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The stablecoin issuer completed a successful pilot test for same-day trade settlements with Credit Suisse and Instinet.
2021-4-7 21:45 | |
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The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra.
2020-11-26 02:01 | |
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The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.
2020-10-15 20:13 | |
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A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […]
2020-1-23 21:22 | |
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Russia under the press of stifling international sanctions is looking for ways to conduct international settlements. A variant with crypto is being considered – this is reported by the Russian state news agency TASS with reference to Elvira Nabiullina, the head of the Bank of Russian.
2019-5-25 14:02 | |
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Coinsquare, a cryptocurrency exchange, will soon be launching a stablecoin pegged 1:1 to the Canadian dollar [CAD]. The exchange plans to use its new token ‘eCAD’ for cross-border payments and remittances, peer-to-peer lending, merchant payment solutions, trade settlements and Forex conversions, reported Business Wire.
2019-4-6 22:30 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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The adoption of cryptocurrency into new use cases has been constant. Rather than creating this opportunity independently, this need has made it crucial to establish partnerships with other companies that have managed to find their way into this new territory.
2018-11-21 10:59 | |
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A report from the Bank for International Settlements titled “Money and payment systems in the digital age,” published November 1, 2018, suggests that leading cryptocurrencies such as bitcoin, ether, and stablecoin tether do not serve the primary functions of money, and are, therefore, a poor store of value.
2018-11-7 08:00 | |
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Cryptocurrency payments provider BitPay added two stablecoins for fiat-equivalent settlements at merchant-level on Oct. 15, according to a press release. Stablecoin Usage Gaining Traction Seeing a significant demand for the usage of credible stablecoins in the cryptocurrency market, BitPay added Circle’s Centre USD//Coin (USDC) and the Gemini Dollar (GUSD) – both pegged on a 1-to-1 basis […] The post Bitcoin Payments Provider BitPay Adds Gemini Dollar and USD//Coin as Settlement Options appeared first on CryptoSlate.
2018-10-17 16:00 | |
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BitPay customers may now receive settlement in Gemini Dollar (GUSD) and USD Coin (USDC), USD-pegged cryptocurrency stablecoins, without relying on costly, time-consuming wire transfers. The post Bitcoin Payment Processor BitPay Introduces USDC and GUSD Stablecoin Settlements appeared first on CoinSpeaker.
2018-10-16 10:48 | |
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GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY).
2018-10-10 02:10 | |
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Blockchain startup Paxos has launched a regulated, dollar-backed stablecoin to facilitate instant transaction settlements for crypto investors.
2018-9-10 16:00 | |
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The Genius Act regulating crypto in the U.S. could have been adopted in May, but Democrats blocked it in the Senate. However, various companies have already prepared several projects associated with stablecoins, and the failure of the bill doesn’t seem…
BVNK has secured backing from Visa Ventures, marking the payments giant’s latest move to integrate stablecoin technology into its global network. Stablecoin payments infrastructure provider BVNK has secured a strategic investment from Visa, deepening the traditional payments giant’s push into…
Visa and Bridge are partnering to launch stablecoin-linked Visa cards for seamless crypto-backed payments Visa and Stripe-owned stablecoin platform Bridge have announced plans to launch stablecoin-linked Visa cards, aiming to make crypto-backed payments as seamless as traditional card purchases. The…
Solayer has unveiled a new suite of financial tools centered around the Emerald Card, a digital-first debit card. This product is designed to bridge decentralized finance infrastructure with real-world payments, according to a company post on X. At the core…
The Avalanche Foundation, in partnership with Rain, has launched the Avalanche Card. The card is a physical and digital payment card that allows users to spend cryptocurrency anywhere Visa is accepted, according to a release shared with crypto.news. The Avalanche…
Stablecoin transaction value in 2024 reached $15. 6 trillion, overtaking traditional payment firms Mastercard and Visa by more than 100%. According to the ARK Invest Big Ideas 2025 Report published on Feb.
Elon Musk progressed toward enabling payment for X users, a feature expected to launch in 2025.