Chinese Cross-Border Payments System for Stablecoins and CBDCs Unveiled at Davos

2023-1-23 09:25

A new crypto payments ecosystem for stablecoins called Universal Digital Payments Network (UDPN) has debuted at Davos. The post Chinese Cross-Border Payments System for Stablecoins and CBDCs Unveiled at Davos appeared first on BeInCrypto.

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Источник: beincrypto.com

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OCC allows national banks to operate nodes and stablecoin networks

The Treasury’s Office of the Comptroller of the Currency (OCC) has greenlighted federally chartered banks to run nodes and use stablecoins for payments and other acceptable functions. The agency published a letter on January 4, noting that national banks or federal savings associates may validate, store, and record payment transactions by working as a node on independent node verification networks (INVNs).

2021-1-5 14:42


Stellar Development Foundation invests $3M in Settle Network

Today, the Stellar Development Foundation (SDF) announced a strategic investment in Settle Network, a digital assets settlement network across LATAM for exchange and cross-border payments. The investment of up to $3 million, paid in lumens, will help bolster Settle’s current suite of payment tools centered around stablecoins: fiat-to-crypto on-ramps for B2C and B2B users, stablecoin […] CryptoNinjas » Stellar Development Foundation invests $3M in Settle Network

2020-12-18 22:50


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FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls

The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well as to promote financial inclusion.

2020-10-18 17:05


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NOWPayments Review – An Easy to Integrate Crypto Payment Gateway

NOWPayments is a custody-free cryptocurrency payment processor that simplifies the process of accepting and making crypto payments from all across the world. In this Altcoin Explorer, we deep dive into NOWPayments, a cryptocurrency payment gateway that allows merchants to seamlessly accept and make payments in cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and fiat-pegged stablecoins.

2020-8-20 18:14


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Messari: Tether (USDT) Likely to Surpass Bitcoin as the Dominant Cryptocurrency

Although stablecoins are a relatively new invention in the cryptocurrency space, they have become quite popular among those who use cryptocurrencies for payments. The most preferred of them all is Tether’s USDT which a Messari researcher says may have the potential to replace Bitcoin as the dominant currency on public blockchains. Its number of daily […]

2020-7-22 13:00


Stablecoins : Killer application of blockchain

The first and foremost point we learn about the money is that it belongs to the government institutions. They print the money and we spend as the payments and use it as a store of value. This phenomenon was there for more than a decade or two, but things started moving resentfully when someone promulgated The post Stablecoins : Killer application of blockchain appeared first on ItsBlockchain.

2019-10-10 12:23


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MakerDAO introduces PureDai, a new stablecoin using decentralized assets for collateral, targeting complete decentralization without a USD peg, contrasting with the current Dai. The post MakerDAO to Launch Fully Decentralized Stablecoin appeared first on BeInCrypto.

Philippines Approves Stablecoin Pilot for Remittances

The BSP's pilot project for the PHPC stablecoin aims to revolutionize financial transactions by providing a secure, regulated framework to assess its potential and impact. The post Philippines Approves Stablecoin Pilot for Remittances appeared first on BeInCrypto.

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