The Irish-American payment processing platform firm Stripe has introduced a fiat-to-cryptocurrency onramp. Customers in the US will find it much less complicated to buy cryptocurrencies using this approach. It’s also a major step forward for Web 3.0 businesses that have struggled with a “cold start.” Stripe’s standard function is to
Stablecoins have emerged from obscurity to become one of the most important digital asset sectors in the space. The stablecoin market now accounts for over 10% of crypto’s total valuation, with a market cap exceeding $130B. With over 100 stablecoins listed on Coinmarketcap alone, deciding where to allocate capital is
According to reports from South African media outlets, the Nigerian cryptocurrency exchange Roqqu has been given a regulatory license to operate in the nation, enabling users to buy and sell cryptocurrencies using the local fiat currency, the South African rand. Roqqu’s focus on South Africa is indicative of the importance
AAG, a firm specializing in Web3 infrastructure, has announced that in the next upgrade to the MetaOne® wallet application, two new features will be made available: asset swap and crypto off-ramp. Within the MetaOne® app, asset swap will make it simple for consumers to trade out one cryptocurrency for another.
ULAANBAATAR, Mongolia–(BUSINESS WIRE)–X-Meta Exchange is setting a new standard in the crypto industry with its innovative technology and commitment to excellence. The Mongolia-based exchange has introduced automated fiat-to-cryptocurrency integration, allowing users to convert their fiat currency from their bank account to their wallet on the X-Meta exchange as BUSD. This
Binance, the cryptocurrency exchange with the largest market capitalization, recently announced adding new trading pairs to its spot platform. Binance has recently introduced new digital currency pairs, and fiat currency pairs on its platform. The exchange has included the Russian Ruble (RUB), Turkish Lira (TRY), and Polish Zloty (PLN) as
Introducing a dollar-pegged, Bitcoin-backed stablecoin, built without dependencies on banks HONG KONG–(BUSINESS WIRE)–Stabolut, a startup building a completely new worldwide payments ecosystem, today announced the launch of a decentralized, dollar-pegged, Bitcoin-backed stablecoin that is not reliant on banks, called USB. Available as of today, USB is a stablecoin issued under
The window for reimbursements to creditors of the now-defunct cryptocurrency exchange Mt. Gox has officially opened with the passing of the deadline for inputting payback information. About a decade ago, in February of 2014, the Tokyo-based crypto exchange filed for bankruptcy, making it one of the first crypto exchanges to
Companies have continued to develop despite widespread regulatory monitoring. A leading cryptocurrency exchange, Coinbase, is investigating “flatcoins” on its Base network. Inflation-pegged stablecoins, or “flatcoins,” were recently disclosed by Coinbase to be necessary for development on the Base network. This is one of three important breakthroughs the company plans to
Marqeta will power the new Stables prepaid card, enabling users to convert stablecoins into fiat and spend wherever Mastercard cards are accepted online and in-store globally. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced a new partnership with Stables (formerly Tiiik) to power its new
