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The governors of the Central Banks of Caricom agreed to advance a local currency-based, instant settlement payment platform to reduce their reliance on the U.S. dollar. A pilot has already managed to complete a cross-border transaction between the Bahamas and Barbados. Caricom Pilots Payment Platform to Reduce Dollar Usage The instability of the U.S. trade … Read more
Speaking at the Bitcoin 2025 conference in Las Vegas, Steak ’n Shake’s Chief Operations Officer (COO), Dan Edwards, asserted that bitcoin outpaces credit cards in terms of speed and emphasized that the company is cutting processing costs in half. Steak ’n Shake COO Says Bitcoin ‘a Win for Everyone’ After Global Rollout Edwards elaborated that … Read more
Binance announced that its customers in Brazil will be able to make payments using their cryptocurrency balances at millions of businesses through the Pix system. This development increases the usability of crypto in the country, allowing users to save and spend directly in crypto. Binance Revolutionizes Crypto Payments in Brazil With Pix Integration Binance has … Read more
Wei Dai, a cryptocurrency pioneer known for designing the b-money system, a precursor to bitcoin, criticized the current level of crypto adoption for payments. Dai highlighted that even with the shortcomings of fiat payments, crypto has not managed to make a significant impact in this field. B-Money Pioneer Wei Dai Laments State of Crypto Adoption … Read more
Wellgistics Health has secured a $50 million credit facility to implement XRP-based treasury and payment systems, aiming to revolutionize transaction efficiency within its healthcare network. $50 Million Credit Line Fuels Wellgistics’ Blockchain Payment Initiative Wellgistics Health Inc. (Nasdaq: WGRX) has announced a $50 million equity line of credit (ELOC) to integrate XRP into its financial … Read more
Meta is contacting infrastructure providers to explore the implementation of stablecoins with a payout use case in mind. The development would mark a new start for the company’s crypto plans after dropping the Libra project. Meta Reportedly Mulling Stablecoins for Small Payouts to Creators Meta, the social behemoth, is reportedly getting into the world of … Read more
Why are refunds important in stablecoin payments? Anyone who has used traditional payment systems will likely be familiar with refunds and chargebacks. If a purchase goes wrong, like receiving damaged items or not receiving the product at all, the payer can file a complaint with the seller to recover their funds. This process of refunds … Read more
Messika, the Parisian fine jewelry brand, now accepts cryptocurrency payments across its boutiques and online store, embracing bitcoin, ether, USDT, and solana through a seamless integration with Lunu. Messika Now Accepts Bitcoin and Other Cryptocurrencies Worldwide Paris-based fine jewelry house Messika has taken a major step into the future of luxury retail, announcing it now … Read more
According to the Central Bank of Russia, 53.5% of all imports to the country were paid for with Russian rubles in February, marking a historic record. Currencies from unfriendly countries, including the U.S. dollar, accounted for only 17.2%, representing a success for a nation facing unilateral sanctions from the U.S. government. Russia Pays Imports Mostly … Read more
Panama City Mayor has said the Panama District municipality will become the first in the nation to accept cryptocurrency payments for services, following unanimous approval by the City Council. Unanimous Approval The Panama City Mayor Mayer Mizrachi announced on April 15 that the Panama District municipality will become the first in the nation to accept … Read more
