Tag : stablecoins

Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments
Cryptocurrency Digital Payments Finance Fintech News

Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments

Business Wire
by Business Wire0
Conduit transaction volumes surged 16x in 2024, surpassing $10 billion in annualized payment volume. It will use new funding to expand its geographic reach and increase the range of fiat and digital currencies supported through its innovative real-time global payment rails. Conduit, a leading cross-border payments platform powered by stablecoins,......
Global Banks Need Bold Transformation to Unlock Growth in a Fast-Shifting Landscape
Banking Finance Fintech News

Global Banks Need Bold Transformation to Unlock Growth in a Fast-Shifting Landscape

PR Newswire
by PR Newswire0
New BCG report warns that banks are at risk of being sidelined by rising fintech and nonbank challengers Winning banks succeed by growing at scale, increasing their share of fee income, and delivering sustainable improvement of operating leverage Successful strategic implementation of artificial intelligence (AI) could be a game changer,......
Soil Launches on Plume to Provide RWA-Backed Yield Generation on Stablecoins
Fintech News

Soil Launches on Plume to Provide RWA-Backed Yield Generation on Stablecoins

PR Newswire
by PR Newswire0
Soil, a fintech platform that empowers investors to earn secure, predictable returns on stablecoins through the power of tokenized real-world assets (RWAs), announced that it is joining the mainnet launch of Plume, the first full-stack real world asset Chain and ecosystem purpose-built for RWAfi, enabling the rapid adoption and demand-driven......
Visa and Bridge Partner to Make Stablecoins Accessible for Everyday Purchases
Blockchain Finance Fintech News

Visa and Bridge Partner to Make Stablecoins Accessible for Everyday Purchases

Business Wire
by Business Wire0
Visa’s new partnership with Bridge helps bring stablecoin-linked cards to more people in more places Stablecoins – once a technology confined to crypto communities – are making their way into headlines, dinner party conversations and soon, everyday transactions. Visa (NYSE:V), a global leader in digital payments, and Bridge, a leading......
Trace Finance Joins Borderless.xyz Network, Enhancing FX Liquidity and Stablecoin Payments in Brazil
Digital Payments Fintech News

Trace Finance Joins Borderless.xyz Network, Enhancing FX Liquidity and Stablecoin Payments in Brazil

PR Newswire
by PR Newswire0
Borderless.xyz, a global payments infrastructure company that enables transactions using stablecoins and real-world assets (RWAs), is pleased to welcome Trace Finance, a leading provider of digital asset infrastructure in Brazil, to its growing network. Through this partnership, Trace Finance’s robust bare-metal FX liquidity and deep local payment rails will be seamlessly integrated......
Suffescom Unveils Stablecoin Development Services to Boost Enterprise Financial Transparency
Cryptocurrency Fintech News

Suffescom Unveils Stablecoin Development Services to Boost Enterprise Financial Transparency

EIN Presswire
by EIN Presswire0
Delivering tailored stablecoin development solutions promoting efficient and swift international transactions. Suffescom, a leading stablecoin development company based in the USA, is ready to harness the blockchain and crypto capabilities to build innovative stablecoins. Facilitating stability, effective liquid management, and volatility, Suffescom is all set to redefine how businesses will achieve operational......
Vaulta and Virgo Announce Strategic Partnership for VirgoPay Cross-Border Payments Solution
Digital Payments Fintech News

Vaulta and Virgo Announce Strategic Partnership for VirgoPay Cross-Border Payments Solution

PR Newswire
by PR Newswire0
The VirgoPay cross-border remittance network, launching in May, will combine traditional fiat currency transfers and innovative stablecoin solutions, with Vaulta acting as the network’s default settlement layer Vaulta, a scalable operating system that powers Web3 Banking with fast, low-cost transactions and seamless blockchain connectivity, announced a strategic partnership with VirgoCX Global Holdings......
Custodia Bank and Vantage Bank Issue America's First Bank-Issued Stablecoin On A Permissionless Blockchain
Banking Blockchain News

Custodia Bank and Vantage Bank Issue America’s First Bank-Issued Stablecoin On A Permissionless Blockchain

PR Newswire
by PR Newswire0
First-ever tokenization of a U.S. bank’s demand deposits on a permissionless blockchain Custodia Bank, working with Vantage Bank, yesterday completed America’s first-ever tokenization of a bank’s U.S. dollar demand deposits on a permissionless blockchain by issuing, transferring and redeeming Avit™ stablecoins for a bank customer. A new U.S. dollar payment rail......
Rain Announces $24.5 Million in Funding Led by Norwest to Expand Stablecoin-Powered Card Issuing Globally
Fintech News

Rain Announces $24.5 Million in Funding Led by Norwest to Expand Stablecoin-Powered Card Issuing Globally

Business Wire
by Business Wire0
Rain, the global card issuing platform powered by stablecoins, announced $24.5 million in new funding led by Norwest Venture Partners. New investors joining the round included Galaxy Ventures, Goldcrest, Thayer, and Hard Yaka. Existing investors Lightspeed Venture Partners, Coinbase Ventures, Vinyl Capital, Canonical Crypto, and Latitude Capital also participated. Rain......
Wirex Announces the Expansion of Its Stablecoin Payment Platform to the U.S. in Partnership with Bridge.xyz
Digital Payments Fintech News

Wirex Announces the Expansion of Its Stablecoin Payment Platform to the U.S. in Partnership with Bridge.xyz

PR Newswire
by PR Newswire0
Wirex, a leading Web3 money app, has announced the expansion of its innovative stablecoin payment platform, Wirex Pay, to the U.S. This milestone marks a major step in making stablecoin payments more accessible, offering U.S. residents a seamless, secure, and self-custodial way to transact with stablecoins. The expansion is powered by a strategic......
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