Blockchain is growing into a global innovation that transcends its initial association with crypto. The auction house Christie’s, for example, recently announced that an upcoming collection of fine art photography will include blockchain-based certificates of ownership for digital provenance purposes. And from banking to payments...
Blockchain FinTech OwlTing says it will begin employing Visa Direct to power real-time, cross-border payments. The agreement lets OwlTing potentially reach more than 8.5 billion endpoints in Visa’s payment global network, the Taipei-based company said in a Tuesday (Oct. 1) news release. “With Visa Direct, OwlTing can allow its...
In a landscape defined by unprecedented digitization and global connectivity, cross-border payments remain a paradox. That’s because, despite the size of the total addressable market — which is projected to reach a staggering 290 trillion by 2030 — cross-border payments are fraught with inefficiencies, high...
Stripe is bringing back crypto payments after stopping them in 2018. John Collison, co-founder of Stripe, said in a Thursday (April 25) post on X (formerly Twitter): “Crypto is back.” Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and...
December 27, 2022
Shopping with cryptocurrency remains a novel, or even foreign, experience for most consumers. That said, PYMNTS’ research shows that among tech-driven consumers, more than 1 in 3 (35%) prefer merchants that take crypto, with 26% saying they would go so far as to switch merchants to shop where crypto is accepted. Nearly 1 in 4 […]
November 05, 2024
Swift has completed a successful pilot for tokenized fund subscriptions and redemptions using its network. The project — completed in partnership with UBS Asset Management and Chainlink — would allow digital asset transactions to settle with fiat payment systems across more than 11,500 financial institutions, in more than 200 countries and territories, Swift said Tuesday […]
October 01, 2024
Blockchain FinTech OwlTing says it will begin employing Visa Direct to power real-time, cross-border payments. The agreement lets OwlTing potentially reach more than 8.5 billion endpoints in Visa’s payment global network, the Taipei-based company...
April 25, 2024
Stripe is bringing back crypto payments after stopping them in 2018. John Collison, co-founder of Stripe, said in a Thursday (April 25) post on X (formerly Twitter): “Crypto is back.” Crypto is...
March 11, 2024
Web3 payments platform Zeebu said it exceeded $1 billion in first quarter transaction volume. “In just seven months following the debut of its on-chain settlement platform, Zeebu swiftly advanced from settling nearly...
