Visa uses Onchain credit for payment by Stablecoin card

Visa uses Onchain credit for payment by Stablecoin card

Visa uses Onchain credit for Stablecoin card payment | Without a bank Visa integrates on-chain credit into card settlement as stablecoin programs scale and settlement volume exceeds $20 billion annualized run rate. Visa is integrating on-chain lending into its card settlement system, working with Credit Coop to help stablecoin card issuers cover the money they … Read more

X Explores Stablecoin Payments for Creators

X Explores Stablecoin Payments for Creators

X Explores Stablecoin Payments for Creators | Without a bank X explores payments from stablecoin creators as social platforms add more payments and adopt crypto rails. Coindesk reported that Elon Musk’s explore using stablecoinspotentially including USDC, to compensate creators and other content providers on the platform. What’s the scoop? X’s plan: The discussions come as … Read more

JPMorgan Weighs Stablecoin as Banking Push Accelerates

JPMorgan Weighs Stablecoin as Banking Push Accelerates

JPMorgan Weighs Stablecoin as Banking Push Accelerates | Without a bank JPMorgan weighs its own stablecoin as big banks explore global consortium and thousands of smaller banks launch BankChain Alliance. THE The Wall Street Journal reported that JPMorgan plans to launch its own stablecoin, as more than a dozen major banks explore a global stablecoin … Read more

IMF warns that Brazil’s stablecoin activity is outpacing traditional capital flows

IMF warns that Brazil’s stablecoin activity is outpacing traditional capital flows

The IMF said Brazil’s stablecoin market has grown rapidly since 2017, with cross-border crypto flows growing faster than traditional capital flows. The International Monetary Fund said Brazil’s market for crypto assets, particularly U.S. dollar-pegged stablecoins, has grown rapidly since 2017 and requires closer monitoring as cross-border crypto flows are growing faster than traditional capital flows. … Read more

Japanese logistics company eyes JPYC stablecoin to pay its drivers

Japanese logistics company eyes JPYC stablecoin to pay its drivers

The planned rollout would allow thousands of transportation contractors to receive digital yen payments more frequently and faster. AZ-COM Maruwa Holdings, a major Japanese logistics company, plans to adopt the stablecoin JPYC to make payments to around 2,300 trading partners, in what is expected to be the first time. large-scale enterprise use of the yen-denominated … Read more

Sui Launches Gasless Stablecoin Transfers at Protocol Level

Sui Launches Gasless Stablecoin Transfers at Protocol Level

Sui has launched gasless stablecoin transfers, a move that goes straight to one of the most annoying crypto payments: needing the network’s native token just to move dollars. For experienced crypto users, gas is normal. For everyone, it’s a friction. A user can have USDC or another stablecoin in their wallet, but if they don’t … Read more