Tag: stablecoin
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How Will Ripple Compete With Solana After the Western Union Deal? XRP Price Prediction
· In the rapidly evolving world of blockchain and digital payments, a new competitive front has emerged between two major players: Ripple’s XRP and Solana. The recent announcement that Western Union will build its stablecoin on Solana’s blockchain has sent ripples through the cryptocurrency space, particularly within the XRP community that has long positioned the…
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Western Union Announces USDPT Stablecoin on Solana and Digital Asset Network
DENVER–(BUSINESS WIRE)– The Western Union Company (“Western Union”) (NYSE: WU) today announced its plan to launch U.S. Dollar Payment Token (USDPT), its new stablecoin, and an innovative Digital Asset Network designed to bridge the digital and fiat worlds, enabling real world utility for digital assets. Built on Solana and issued by Anchorage Digital Bank, Western…
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Big Banks Enter Stablecoin Era by Taking Zelle International
The move could help big bank owners of payment product head off cryptocurrency competition Zelle, the payments product owned by the country’s largest banks, said Friday that it plans to allow users to start making international payments using stablecoins, a type of cryptocurrency. The move by Early Warning Services, which is owned by a consortium…
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Stripe to Acquire Stablecoin Fintech Bridge for $1 Billion
In a major move toward expanding its cryptocurrency capabilities, Stripe is set to acquire Bridge, a stablecoin payment platform, for $1 billion. Bridge offers businesses and governments the infrastructure to send and receive stablecoins like USDC and Tether, facilitating cross-border transactions and financial inclusion. This acquisition aligns with Stripe’s strategy to enhance global payment services.…
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LATEST: Sony’s Ethereum layer-2 project, Soneium, is set to launch a Japanese Yen stablecoin in partnership with Sony Bank.
Sony Makes a Yen for Blockchain: Tech Giant to Launch Japanese Yen Stablecoin Panafrican.email – September 13, 2024 In a move that could significantly impact the global cryptocurrency landscape, Sony is making a big splash in the world of blockchain. Their Ethereum layer-2 project, Soneium, is partnering with Sony Bank to launch a stablecoin pegged…
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