Payments

Blockchain and DeFi have cemented themselves and are steadily moving towards mass adoption — in Wall Street, that is. With the launch of the Bitcoin and Ethereum ETFs, it’s easier than ever for a person to invest in crypto, but usage is another matter. With the original premise of blockchain being used for commerce and payments, very few projects are focusing on that today. Fuse.io is the exception, posting tremendous growth as it focuses on a number of payment-heavy use…

Messari Crypto has released the state of the XRP Ledger in the Q1 report, unveiling key milestones achieved by the network. Amongst the most notable increases are payments, daily transactions, and the DEX volumes on the CLOB increases. The XRP Ledger (XRPL) has impressed in the first quarter of the year according to the latest report by Messari Crypto. The leader in crypto market intelligence has released a report dubbed “State of XRP Ledger Q1 2024” which has helped illuminate…

BRICS group explores XRP for cross-border payments, indicating a shift towards its independent payment system. XRP’s current price at $0.4942 could soar if BRICS adopts it, as experts predict. The BRICS (Brazil, Russia, India, China, and South Africa) group is making excellent headway in achieving its currency sufficiency plan, which includes the eventual development of an autonomous payment system. As per a research document that XRP enthusiast Amelia first noticed, Russian President Vladimir Putin has at last given his approval…

Tether invests $18.75 million in XREX Group to boost financial inclusion and facilitate USDT-based cross-border payments. Tether’s investment in XREX comes amidst an impressive growth and restructuring efforts.  In a recent blog, Tether, a prominent figure in the digital asset industry, committed $18.75 million in a strategic investment in XREX Group. The alliance is poised to drive innovation, particularly in facilitating USDT-based cross-border payments within emerging markets and spearheading regulatory technology advancements. With Tether’s substantial investment, XREX Group is promising…

Binance has halted cash payments for P2P trading in India to enhance regulatory compliance and security, 99 Bitcoins reported. While this move aims to reduce money laundering risks, alternative methods like bank transfers remain available.  Despite this, 5thScape continues to dominate the Indian crypto market. Known for its innovative features and strong community support, 5thScape thrives amidst regulatory challenges. Binance’s suspension highlights the increasing scrutiny in the crypto industry, but 5thScape’s resilient presence underscores its popularity and adaptability in India’s…

The post Tether Invests $18.75M In XREX To Encourage Cross-Border Payments appeared first on Coinpedia Fintech News Tether has announced an $18.75 Million investment in the XREX group, with which XREX plans to facilitate cross-border B2B payments in emerging markets using USDT and intends to work with Tether to develop regulatory technology tools to detect and prevent the illicit use of stablecoins. Paolo Ardoina, the CEO of Tether stated that the collaboration with XREX will lead to several initiatives including…

New-age Web3 developers grasp the importance of integrating a fiat gateway within their dApps. By enabling users to purchase the crypto they need to interact with Web3, developers can dramatically simplify the onboarding process for new entrants.  The benefit of providing an easy (tightly integrated) way to buy and sell crypto is that users won’t have to go through the hassle of visiting another website or service to get the digital assets required to use a dApp.  Imagine someone downloads…

Ripple has invested in beoble, a Web3 messaging and social platform based in Hong Kong. beoble will use the funds to launch its services on the XRP Ledger and expand its platform. Ripple, a leading crypto payments company, has made a strategic investment in beoble, a Hong Kong-based Web3 wallet-to-wallet messaging and social platform. This investment aims to assist beoble in launching its services on the XRP Ledger (XRPL). beoble@Ripple@beoble_official team is now officially backed by @RippleWith the new funding…

Telega.io, a trailblazer in Telegram advertising solutions, is excited to announce a significant enhancement to our payment options. We are now accepting Notcoin as a payment method, marking a revolutionary step in the Telegram marketing arena. This development aims to improve the flexibility and ease of digital marketing campaigns on Telegram. Adding Notcoin to your Telega.io balance is a breeze with just a few clicks via Wallet. About Telega.io Telega.io empowers advertisers with a robust platform connecting them to a…