News
Direct crypto payments are gaining traction across Asia, with stablecoins emerging as natural payment rails for major economies.
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Mobile Payments News
A mobile payment is a money transaction made with a mobile device and the system of mobile payments is a network processing operation of electronic commerce with the support of non-wired networks and the internet. Blockchain technology for mobile payments can bring about great progress, as transactions can be made much faster and the fees for them — including international ones — are lower. This can be explained by the fact that the blockchain is a unified system without the need of involving mediators. In addition, Bitcoin mobile payments don’t need to convert currencies twice, if operations are not being made with the US dollar. There are also some mobile Bitcoin-clients that allow making transactions simply by using a QR-code, without pin codes or signatures.
- Opinion
Cryptocurrency adoption by merchants is reshaping global commerce, driving financial inclusivity and enabling a borderless future.
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According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.
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Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation.
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Solana’s new Seeker device will be a “rewards magnet” like the Saga, but it’s not just a “memecoin phone,” says Solana Labs General Manager Emmett Hollyer.
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The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT.
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X users should eventually be able to use the app’s anticipated payment features to send money to other users, buy things in stores, and even earn interest on their account holdings.
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Cryptocurrency-based mobile payments must be as functional as Apple Pay and Google Pay to challenge conventional payment services, according to Helio CEO Stijn Paumen.
6316 - Analysis
Crypto debit cards aren’t new. But Visa supports several cryptocurrencies across an enormous network. “That’s a big deal,” said economist William Luther.
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The hookup between Celo and Circle will benefit both sides as Celo continues to advance real-world use cases and Circle expands its reach.
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Elon Musk, the owner of X, expects to launch payment services as early as the middle of 2024.
17037 - Analysis
Earlier this year, PayPal released its own stablecoin. What effect has it had on crypto adoption?
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Crypto payments are often seen as a way to boost adoption, but is adoption growing if the business sells crypto right back? The answer is complex.
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Mainstream commerce and big brands report improved business results and promising loyalty programs through integrations with the wider Solana ecosystem.
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Crypto remittances are a lifeline for many people who need to send money to their loved ones, as they provide faster, cheaper and more transparent transactions than traditional methods.
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