FinTech

[unable to retrieve full-text content]CoinspeakerPayPal Unveils Cryptocurrencies Hub Following PYUSD Stablecoin Launch While PayPal's new crypto service allows users to explore the crypto industry, access to this innovative feature has been restricted in certain jurisdictions and for specific individuals. PayPal Unveils Cryptocurrencies Hub Following PYUSD Stablecoin Launch

American payment goliath Visa is exploring ways to facilitate payment of on-chain gas fees through the use of a Visa card. In a recent report, Visa’s Product Manager Mustafa Bedawala emphasized a challenge associated with cryptocurrency wallets faced by users which requires them to constantly manage their ETH balance to cover gas fees. The company is experimenting with an option to enable users to pay their on-chain gas fees directly in fiat money through card payments,...

[unable to retrieve full-text content]CoinspeakerBank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued The introduction of PayPal stablecoin (PYUSD) represents a groundbreaking development in the realm of stablecoins and digital currencies. Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued

[unable to retrieve full-text content]CoinspeakerRipple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin David Schwartz seems unsurprised that the Fed is reacting negatively to the new stablecoin issued by PayPal. Ripple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin

[unable to retrieve full-text content]CoinspeakerVISA Allows Users to Pay Ethereum Gas Fees via Credit Card Visa's solution revolves around Ethereum's ERC-4337 account abstraction standard and the utilization of a "paymaster" smart contract feature which allows off-chain settlements of gas fees. VISA Allows Users to Pay Ethereum Gas Fees via Credit Card

[unable to retrieve full-text content]CoinspeakerMicrosoft and Aptos Blockchain Partner to Revolutionize Web 3.0 and AI Integration The partnership between Aptos Labs and Microsoft is aimed at tackling industry-specific challenges. Microsoft and Aptos Blockchain Partner to Revolutionize Web 3.0 and AI Integration

Payments giant PayPal is launching its own stablecoin, and the move has got both traditional fintech players as well crypto firms excited. Dubbed ‘PYUSD,’ the stablecoin is built on Ethereum and is 1:1 redeemable for US dollars. The move essentially marked the first such move from a major financial institution in the United States. While PayPal briefly stopped working on its stablecoin a few months ago amid tightening regulatory scrutiny of crypto, the subsequent announcement...

[unable to retrieve full-text content]CoinspeakerBernstein Research: Stablecoin Market to Top $2.8T by 2028 As investors and consumers battle with the risks of regular cryptocurrencies, stablecoins provide a dependable shelter where value remains generally stable over time. Bernstein Research: Stablecoin Market to Top $2.8T by 2028

[unable to retrieve full-text content]CoinspeakerAmazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO Amazon is looking to anchor the IPO and has joined Nvidia, Apple, Intel, TSMC, and Samsung in official talks with Arm Ltd. Amazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO

[unable to retrieve full-text content]CoinspeakerSoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters The SoftBank loss surprised analysts who were expecting the company to report a gain, even though the company's investment arm is up. SoftBank Announces Surprising Loss as Vision Fund Posts First Profit in Five Quarters