For almost their entire history, despite designs to the contrary, the primary role of cryptocurrencies and digital assets has been confined largely to trading and speculation. But recent advancements in blockchain infrastructure are positioning digital assets as more functional tools for real-world financial transactions. And...
Money movement platform Thunes has launched a partnership with stablecoin issuer Circle. The collaboration is designed to “accelerate innovation in stablecoin liquidity management,” letting members of Thunes’ Direct Global Network to fund and execute cross-border transactions using USDC, the companies said in a Tuesday (Oct. 29) news release. This...
The stablecoin market is collectively worth north of $170 billion. That’s a large number. And with the news Monday (Oct. 21) that FinTech giant Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, it’s becoming a harder one for the payments sector to ignore. Stripe...
Payments infrastructure provider BVNK has launched a partnership with USDC-issuer Circle. The collaboration is designed to accelerate the utility of the USDC stablecoin for BVNK customers, according to a Thursday (Oct. 17) news release. “BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage...
February 16, 2024
Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no 2022, and Coinbase’s latest quarterly results, announced Thursday (Feb. 15), highlight that the famously volatile digital asset sector could, once again, be on the upswing. The company’s fourth-quarter revenue beat […]
May 19, 2023
To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have no choice but to rely...
December 19, 2022
For FinTechs looking to go public, 2023 will not be the year of the SPAC stock listing. If they opt to go public at all, that is. As PYMNTS’ own...
October 05, 2022
In a pair of papers today, financial messaging service SWIFT claimed that it has solved two of the thorniest problems digital assets must overcome if they are to revolutionize the...
October 29, 2024
Money movement platform Thunes has launched a partnership with stablecoin issuer Circle. The collaboration is designed to “accelerate innovation in stablecoin liquidity management,” letting members of Thunes’ Direct Global Network to fund and execute cross-border transactions using USDC, the companies said in a Tuesday (Oct. 29) news release. This will allow for faster transfers in seconds, seven days a […]
October 17, 2024
Payments infrastructure provider BVNK has launched a partnership with USDC-issuer Circle. The collaboration is designed to accelerate the utility of the USDC stablecoin for BVNK customers, according to a Thursday (Oct. 17) news...
October 10, 2024
In the first 24 hours of allowing its merchants to accept stablecoin payments for online transactions on its platform, Stripe reportedly saw that customers from more than 70 countries made...
September 16, 2024
Stablecoin issuer Circle has launched a partnership with Sony Block Solutions Labs. The collaboration, announced in a news release Sunday (Sept. 15), is designed to “drive innovation and creativity through...
