(source: en.wikipedia.org)
Velocity raised $38 million in a Series A funding round to expand its stablecoin payments and treasury platform designed for global enterprises, according to a Tuesday (July 14) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Perpetuals.com has halted talks to acquire the Trump family cryptocurrency firm’s payments company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Nothing visibly changed in American payments when the clock struck midnight on Saturday (July 11). Consumers still used cards, bank accounts and cash, and businesses still moved funds through banking networks. Yet the United States had nonetheless made a consequential architectural choice about the future...
Stablecoin issuer Circle faces several challenges despite its receipt of final approval from the Office of the Comptroller of the Currency (OCC) to establish a bank, analysts from Japanese investment bank Mizuho wrote in a Friday (July 10) note, CoinDesk reported Monday (July 13). Get...
London has issued a report on accelerating tokenization in wholesale financial markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Cryptocurrency exchange Kraken has introduced a debit card for British and European Economic Area customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Stablecoin advocates have argued that blockchain networks can and will solve problems traditional banking never could. Payments would settle in seconds instead of days. Businesses would no longer wait for banks to reopen after weekends or holidays. Cross-border transfers would rely less on correspondent banking...
The stablecoin market saw its largest decline in nearly four years last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Internet financial platform Circle Internet Group has received approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, the company said in a Friday (July 10) press release. Get the Full Story Complete the form to unlock this...
