Articles with tag like: stablecoin

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Group of US banks intend to launch their stablecoin

News | Cryptocurrencies | 13 Jan 2022

A group of US banks have announced that they intend to launch their own stablecoin, called USDF, hoping to tackle concerns about the reserves behind nonbank issued equivalents.

banks, product launch, stablecoin, regulation, partnership

HOKK Finance releases 4444 utility NFTs

News | Cryptocurrencies | 11 Jan 2022

HOKK Finance, one of the original meme tokens, has released 4444 utility NFTs.

product launch, NFT, Token, cryptocurrency, stablecoin

PayPal explores launch of own stablecoin

News | Cryptocurrencies | 11 Jan 2022

PayPal has announced it is exploring the launch of its own stablecoin as part of its cryptocurrency push. 

PayPal, product launch, stablecoin, cryptocurrency, blockchain

XDC Network adds Euro Stablecoin, EURS, into its decentralised trade finance ecosystem

News | Cryptocurrencies | 23 Dec 2021

XinFin has teamed up with the EURS stablecoin, a large euro-backed digital asset to onboard EURS into the XDC Network to form part of its diverse stablecoin ecosystem.

blockchain, trade finance, stablecoin, SMEs

WhatsApp to test US payments made with Novi

News | Mobile Payments | 09 Dec 2021

Meta-owned social media platform WhatsApp is planning on testing its payment feature in the US, using Novi integration.

Novi, WhatsApp, Facebook, digital wallet, stablecoin, online payments

Appzone to launch its blockchain payment platform

News | Online Payments | 23 Nov 2021

Zone, a blockchain payment platform design by Appzone Switch, has announced it will launch in Lagos in December 2021.

blockchain, stablecoin, distributed ledger technology, financial services, API

Video interview with David Birch on the future of money

Interviews | Payments General | 16 Nov 2021

The money we use today was built to fit the economy of the past. But as a society and its technological fabric progress, money in its current form is no longer adequate to support the Internet economy we are building.

cryptocurrency, Bitcoin, CBDC, stablecoin, blockchain

Digital Euro might become legal tender

News | Cryptocurrencies | 10 Nov 2021

Digital currencies planned by major central banks have the change to become legal tender in their jurisdictions, according to officials studying such initiatives.

CBDC, digital currency, central bank, digitalisation, stablecoin

Circle to invest in Singapore as part of Always-On Global Infrastructure

News | Cryptocurrencies | 10 Nov 2021

US-based fintech Circle has announced plans to establish a regional hub in the Singapore market and to initiate the application process to obtain Singapore licenses and registrations.

expansion, digital currency, stablecoin, Monetary Authority of Singapore (MAS), regulation

Tassat releases its TassatPay

News | Cryptocurrencies | 01 Nov 2021

Tassat has released its TassatPay platform which enables banks to issue cash-backed stablecoins known as DigitalDollars as well as a real-time bank payment network. 

product launch, banks, stablecoin

Facebook launches digital wallet Novi

News | Cryptocurrencies | 22 Oct 2021

Facebook has started to roll out a “small pilot” of its Novi digital wallet in the US and Guatemala, more than two years after it was first announced, according to The Verge.

cryptocurrency, Paxos, stablecoin

R3 acquires stablecoin issuance capability with Ivno software

News | Cryptocurrencies | 12 Oct 2021

US-based enterprise technology provider R3 has acquired the technology and team of the UK-based tokenisation solution company Ivno to use its capabilities across the Corda platform.

tokenization, acquisition, R3, digital currency, digital assets, stablecoin

Yellow Card raises USD 15 mln in Series A

News | Cryptocurrencies | 30 Sep 2021

Pan-African cryptocurrency exchange, Yellow Card, has announced a USD 15 million Series A, the to ramp up hiring and continue its expansion across the continent.

funding, stablecoin, cryptocurrency exchange, unbanked

US Treasury discusses stablecoins with industry experts

News | Cryptocurrencies | 13 Sep 2021

The US Treasury Department has met with several industry participants to quiz them about the risks and benefits posed by stablecoins.

regulation, treasury, stablecoin, cryptocurrency, central bank

Gemini chooses CompoSecure for crypto credit cards

News | Cards | 23 Aug 2021

CompoSecure, a provider of financial payment cards and crypto storage and security solutions, has announced that it will manufacture a new crypto rewards credit card for Gemini.

partnership, credit card, cryptocurrency, stablecoin

MobileCoin raises USD 66 mln

News | Cryptocurrencies | 19 Aug 2021

MobileCoin has raised USD 66 million for its cryptocurrency payment platform that aims to democratise privacy for all.

funding, cryptocurrency, blockchain, stablecoin

PayU partners with CELO, launches new stablecoin option

News | Cryptocurrencies | 21 Jul 2021

Payments fintech PayU has partnered with mobile-first, open-source blockchain ecosystem CELO.

partnership, blockchain, DeFi, stablecoin

DeFi in a nutshell

Voice of the Industry | Payments General | 14 Jul 2021

More than a buzzword, Decentralised Finance (DeFi) provides a broad range of benefits in financial services for users. But what is DeFi? Igor Mikhalev, BCG Platinion, and Igor Struchkov, Firmshift explain

DeFi, payment processing, financial services, banks, blockchain, smart contracts, digital assets, stablecoin, SME lending, insurance

The Pay Off – Exclusive interview with Gottfried Leibbrandt and Natasha de Terán

Interviews | Online Payments | 14 Jul 2021

Gottfried Leibbrandt and Natasha de Terán offer thoughtful insights into the mechanics of payments, exploring DeFi, EPI, CBDCs, and notions such as the power, profundity, and perversity of payments and the things that you have never even thought about before

CBDC, EPI, digital payments, cryptocurrency, DeFi, regulation, instant payments, risk management, banks, digitalisation, data, payments infrastructure, bigtech, central bank, stablecoin

The digital euro offers better data protection than private stablecoins, ECB states

News | Cryptocurrencies | 22 Jun 2021

European Central Bank (ECB) board member Fabio Panetta has stated believing that a digital euro would offer better data protection than privately issued stablecoins.

digital euro, cybersecurity, stablecoin, data protection