SUI And USDC Now Power Real-World Transactions On RedotPay
Real-world crypto payments are taking another step forward as SUI and USDC go live on RedotPay’s platform. With this integration, users can now go beyond holding digital assets to actually using them in real-world transactions, directly through RedotPay’s app and crypto card system. This integration brings together the speed and scalability of Sui with the stability of USDC, creating a more practical payment experience for everyday spending. How Crypto Cards Bridge Digital Assets And Retail Payments Hong Kong-based RedotPay, a stablecoin-focused payments platform with over 7 million users,....
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With Lightspeed at the helm, RedotPay has closed a $40M Series A funding, fueling its mission to create a borderless payment ecosystem that unites crypto and fiat. HSG, Galaxy Ventures, and other notable investors such as DST Global Partners provided further backing. Used by 3.5M+ people globally, RedotPay has seen strong adoption thanks in large […]
Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow blockchain. Flow is a blockchain project made to host NFT and game-based initiatives, aiming for low fees and a high volume of transactions. With this launch, USDC aims to keep expanding its reach to more blockchains, with Flow being the eighth native blockchain where USDC resides.
USDC on Flow
Circle, one of the biggest payments companies in the U.S., has launched one of its prime products — USDC — on Flow, an NFT and Web3 oriented....
The world's largest crypto exchange announced yesterday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29. According to a new Twitter post, Jeremy Allaire, co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, said that the recent decision by Binance to merge stablecoin dollar books is "a good thing" for USDC. "This move would lead to a gradual net share shift from USDT to BUSD and USDC," said Allaire. The day before, Binance announced it would cease trading support for USDC and auto-convert deposits after Sept. 29 to a....
Circle just dropped big news. The company behind USD Coin ($USDC) is teaming up with Mastercard and Finastra to plug stablecoins into global payments. That means merchants, banks, and even your corner shop in Europe or the Middle East might soon settle transactions in $USDC and $EURC (Euro Coin). No more waiting days for international […]
The International Monetary Fund (IMF) recently released the latest results for the world economy. And when you measure national economic output in "real" terms of goods and services, China will this year produce $17.6 trillion - compared with $17.4 trillion for the U. S., Market Watch reports. The U. S. had the world's highest economy since 1872. In 2000, the U. S. A. produced nearly three times as much as the Chinese. China now accounts for 16.5% of the global economy when measured in real purchasing-power terms, compared with 16.3% for the U. S. China's Gross Domestic Product (GDP)....