Tag: 94M, Crossborder, OpenFX, Payments, Raises, Speed, Stablecoins
OpenFX Raises $94M to Speed Cross-Border FX Payments with Stablecoins
OpenFX, a fintech startup focused on foreign exchange and remittances, raised $94 million in a Series A funding round to expand its stablecoin-based payments network....
ECB Opens Work on ATM, Payments for Digital Euro
The European Central Bank (ECB) is seeking industry experts to contribute to workstreams focused on how the digital euro central bank digital currency would function...
VersaBank Adds FX to Tokenized Deposits for Cross-Border Payments
VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform,...
Mastercard to Acquire BVNK in $1.8B Stablecoin Payments Push
Mastercard has agreed to acquire stablecoin infrastructure company BVNK in a deal valued at up to $1.8 billion, further expanding into blockchain-based payments. The...
Crypto.com Enables Tourist Crypto Payments in Korea With KG Inicis Deal
Crypto.com has partnered with KG Inicis, one of the largest South Korean payment gateways and value-added network providers, to introduce crypto payment options for...
Stablecoins Could Power Global Payments: Druckenmiller
Billionaire investor Stanley Druckenmiller said blockchain and stablecoins may only be a decade away from powering the global payments system — though he isn’t sold...
Brazil Opens up Pix Payments to Brazilians Living in Argentina
Banco Central do Brasil said on Friday that it expanded its Pix digital payments system to allow Brazilians living in Argentina to access the service to pay for goods,...
Crypto Needs Privacy To Scale in Payments: Binance Co-Founder CZ
The lack of privacy for onchain transactions is one of the biggest hurdles to the mass adoption of cryptocurrencies for payments and a medium of exchange, according to...
Dakota Launches Stablecoin Platform for Enterprise Payments and Treasury
Financial technology company Dakota launched a stablecoin infrastructure platform as more enterprises look to adopt digital dollars without taking on the operational and...
Ingenico Brings Stablecoin Payments to In-Store Checkout
Payments terminal provider Ingenico has partnered with WalletConnect Pay to enable in-store stablecoin payments across its point-of-sale (POS) systems, marking one of...
Ripple Payments Takes on Europe with Swiss Bank Amina
The payments subsidiary of blockchain services company Ripple has partnered with Swiss bank Amina to provide it with access to its payment infrastructure. According to a...
e& UAE To Test Regulated AE Coin Stablecoin in Payments Pilot
United Arab Emirates’ telecom giant e& is reportedly preparing to test whether regulated stablecoins can support mainstream consumer payments, having signed a...
