News list for "payments"
According to official news, Ripple announced that Ripple USD (RLUSD) has been integrated into Ripple Payments, Ripple's payment solution, to further drive the utility and demand for the asset by enterprises, including cross-border transfer providers BKK Forex and iSend, which will use RLUSD directly. In addition, as a US dollar-denominated enterprise-grade stablecoin, RLUSD market capitalization has approached $250 million, and trading volume has reached about 10 billion US dollars.
据官方消息，Ripple宣布Ripple USD （RLUSD）已集成到Ripple旗下支付解决方案Ripple Payments中，以进一步推动企业对该资产的效用和需求，包括跨境支付提供商BKK Forex和iSend将直接使用RLUSD，此外作为一种以美元计价的企业级稳定币，RLUSD市值已接近2.5亿美元，交易额触及约100亿美元。
The US House of Representatives committee will hold a hearing on the digital payments ecosystem on March 11.
China's Swift yuan accounted for 3.79% of global payments in January, up from 3.75% previously.
On February 20, three Dutch companies Quantoz Payments, NPEX, and Dusk announced the joint launch of the stablecoin EURQ. According to the company, the establishment of EURQ is in line with the regulations of the Crypto Asset Market Regulatory Authority (MiCA). The collaboration involves a licensed stock exchange, an EMT provider, and a blockchain foundation. Together, the three Dutch companies say they are building a bridge between traditional financial systems and blockchain-powered decentrali...
Fold Holdings (ticker: FLD), a bitcoin payment rewards service, listed on Nasdaq on February 19 through a merger with FTAC Emerald Acquisition Corp, a special purpose acquisition company (SPAC). On its first day of listing, FLD shares rose more than 30% to $13 before falling back to around $11. According to public documents, Fold currently holds 1,000 bitcoins, worth about $96 million at current prices, making it another asset-liability company after MicroStrategy, Semler Scientific, and Metapla...
Global payment services giant Mastercard has reported that 30% of its transactions will be tokenized by 2024; at the same time, Mastercard has also recognized the ability of stablecoins and other cryptocurrencies to disrupt traditional financial services.
Sebastian Siemiatkowski, CEO of European payments giant Klarna, said on X that Klarna will embrace cryptocurrencies, but has not yet decided on a specific plan. He said Klarna will not launch a buy now, pay later cryptocurrency feature, and said the company still needs time to explore the best way to integrate. Klarna is valued at $14.80 billion, has more than 85 million users, and annual transaction volume exceeds $100 billion. Its largest shareholder, Sequoia Capital, holds 22%.
Firoz Patel, founder of Canadian crypto payment app Payza, has been sentenced to an additional 41 months in prison for trying to hide 450 bitcoins, worth about $43.50 million. Previously, Patel was sentenced to three years in prison in 2020 for illegally operating a money transfer business and money laundering. During his sentence, Patel tried to deposit these bitcoins in Binance and Blockchain.com, but they were found and frozen. In addition to the new sentence, the court also ordered Patel to ...
Alphabet (GOOG. O) paid a total of $2.40 billion in dividends in the fourth quarter.
Stablecoin cross-border payment service provider Cedar Money announced the completion of a $9.90 million seed round of financing, led by QED Investors, and participated by North Island Ventures, Wischoff Ventures, Lattice and Stellar. The valuation information has not been disclosed yet. Cedar Money enables seamless cross-border fund flow through stablecoins, supporting the combination of back-end blockchain technology and user-friendly fiat currency interface to provide enterprises with seamles...
In the third quarter of 2024, the proportion of active credit card holders paying only the minimum payment rose to 10.75%, the highest since 2012.
On January 29th, it was learned from Netlink Clearing Company that on New Year's Eve this year, the peak value of network payments processed by Netlink Clearing Company and China UnionPay in the whole industry was 109,000 per second, an increase of 4.61% over last year and a record high.
