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Stablecoins Explained: 3 Things You Need to Know
Stablecoins are meant to provide a predictable haven within the volatile world of cryptocurrency. Former Paxos Head of Portfolio Management and Columbia Business School Adjunct Professor Jesse Austin Campbell explains the use cases and risks you need to know about this type of cryptocurrency.
Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation
Stripe's valuation has fallen about 47% from its 2021 fund raise of $95 billion.
U.S. Federal Reserve’s Real-Time Payments System Coming in July
The new government-operated payments system – often used as an argument against the need for crypto’s payments innovations – will have its first participants certified within weeks.
UK Bank NatWest Limits Daily Crypto Payments to $1,200
Customers will be limited to payments of 1,000 pounds ($1,218) per day and 5,000 pounds ($6,090) over a 30-day period.
Binance GBP Funding On-/Off-Ramp to Be Suspended in May
The exchange was notified by its fiat partner that it will no longer provide British pound deposit and withdrawal services.
Payments Technology Firm Nuvei Q4 Crypto Revenue Drops 58% From Year Ago
The company's overall revenue climbed 4% to $220.3 million.
Latin American Travel Agency Despegar Begins Accepting Crypto Payments
Teaming with Binance Pay, the travel company will initially accept crypto in Argentina, with plans to roll this option out to additional countries.
Crypto Exchange Bybit Suspends USD Deposits
The exchange announced the suspension on Saturday, adding that withdrawals through wire transfers, including SWIFT, will be halted from March 10.
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
Crypto Trading Platform Talos Announces Tie-Up With Payment Services Provider BCB Group
The firms' clients will have access to comprehensive trade lifecycle services.
