Paycorp has launched a new app that allows users to withdraw cryptocurrency as cash at thousands of ATMs across the country.
Browsing: USD Coin
When the world’s second largest stablecoin got caught up in the collapse of a California bank late last week, it reprised a now-famous maxim.
Cryptocurrency firm Circle said on Sunday all its depositors with the collapsed Silicon Valley Bank and Signature Bank will be made whole.
The fallout from the failure of Silicon Valley Bank unhinged a key cog in the market that’s meant to be among the safest digital assets in the crypto space.
Bitcoin has leapt since Russia’s invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralised crypto.
Cutting some Russian banks’ access to Swift will give China the excuse to promote digital versions of its own central bank digital money in global trade and finance.
The techno-anarchist pioneers of cryptocurrencies believed they were creating a new form of unregulated, decentralised money. They couldn’t have been more wrong.
Visa said it will allow the use of a cryptocurrency called USD coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
Promoted | The rand has lost over 40% of its value to the US dollar since this time last year and is down 60% to the dollar over the last decade. Revix has launches USD Coin, a dollar-backed crypto asset, to help.