Digital Euro Association Partners With HBAR Foundation to Boost Understanding of CBDCs and Stablecoins

The Digital Euro Association (DEA) has entered into a partnership with the HBAR Foundation. This collaboration aims to bolster its comprehension of central bank digital currencies (CBDCs) and stablecoins. Although this partnership marks a significant milestone in the digital currency landscape it nevertheless does not amount to an endorsement of any ideologies or products. Enhancing […]

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Digital Yuan Now Used to Complete Car Prepurchase Payments

Digital Yuan Now Used to Complete Car Prepurchase PaymentsThe digital yuan, China’s central bank digital currency (CBDC), is being used as a security element in car prepurchase payment settlements. According to local media reports, a pilot test that allows customers to pay for their cars with digital yuan was established in early February in Shenzhen, and several customers are already purchasing their vehicles […]

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Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain

Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron BlockchainThe U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun’s bank. Despite discontinuing support for USDC on Tron, Circle said it is still committed to growing […]

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Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance

Vella Finance, a Nigerian fintech startup, was recently bought by the microfinance bank Carbon. The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses. New Business to Leverage Artificial Intelligence The Nigerian microfinance bank, Carbon, has reportedly acquired the fintech firm Vella Finance for an undisclosed amount. […]

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