Crypto.com says it has obtained a license letting it issue cards on Mastercard’s network. The new program, announced Wednesday (Dec. 4), will let Crypto.com launch a Mastercard-powered card in Bahrain, letting its customers use their card at over 150 million in-store and online locations worldwide. “Users can easily fund their...
Stablecoins have achieved a record market value amid optimism about their use in cross-border payments. The market capitalization for the digital, dollar-pegged currencies has jumped 46% this year to a record $190 billion, Bloomberg News reported Wednesday (Nov. 27), citing DeFiLlama data. Tether, issuer of USDT —...
President-elect Donald Trump’s social media company, Trump Media & Technology (TMTG), reportedly filed a trademark application Monday (Nov. 18) for a service called TruthFi that would be a platform for cryptocurrency payments, financial custody services and trading in digital assets. The application did not give...
Coinbase Wallet has begun letting users of its USDC stablecoin earn rewards. USDC Rewards, announced Wednesday (Nov. 20), lets Coinbase Wallet users earn 4.7% APY just by holding USDC on-chain. “USDC combines the stability of the U.S. dollar with the power and speed of the...
November 20, 2024
If the payments landscape had a holy grail, it would be seamless cross-border payments. Unlike domestic payments, which are shifting toward a real-time, 24/7 model, cross-border transactions are still fraught with inefficiencies and remain a critical yet complex challenge facing businesses looking to expand and financial institutions looking to facilitate that growth. “The reason why […]
June 14, 2024
There’s a new on-chain token in town, and it’s not the one you’re thinking of. While there exists a variety of “tokens” within the 21st-century payments and financial services landscape,...
February 21, 2024
In Europe, a central bank digital currency (CBDC) has inched closer to reality, by virtue of a vote. As a result, the United States may have to play a bit...
September 05, 2023
In Europe, the digital currency battleground is shaping up to be one where the central banks are on one side, and private issuers are on the other. And it may...
December 17, 2024
Payroll/HR platform Remote says its clients can now pay contract workers using stablecoins. The new offering, launching initially for businesses in the U.S., allows companies to pay contractors in 69 countries with the USDC stablecoin, according to a Tuesday (Dec. 17) news release. “One of the biggest hurdles companies face when hiring on international talent is providing fast, […]
December 04, 2024
Crypto.com says it has obtained a license letting it issue cards on Mastercard’s network. The new program, announced Wednesday (Dec. 4), will let Crypto.com launch a Mastercard-powered card in Bahrain, letting its customers use their...
November 27, 2024
Stablecoins have achieved a record market value amid optimism about their use in cross-border payments. The market capitalization for the digital, dollar-pegged currencies has jumped 46% this year to a...
November 21, 2024
President-elect Donald Trump’s social media company, Trump Media & Technology (TMTG), reportedly filed a trademark application Monday (Nov. 18) for a service called TruthFi that would be a platform for...
