Checker has raised $8 million to do the unglamorous but increasingly valuable work of making stablecoins usable for institutions that need payments, liquidity, treasury, and credit without duct-taping a dozen vendors together. $8 million raised from Galaxy Ventures, Al Mada Ventures, and Framework Ventures $3 billion in TPV processed in the past 12 months, according […]
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Brazil’s central bank has slammed the door on crypto use in regulated cross-border payments. Crypto can still move in Brazil, but stablecoins and other virtual assets are no longer welcome in the supervised channel where foreign exchange payments are finalized. Resolution BCB No. 561 bans virtual assets from settlement inside regulated eFX services Crypto transfers […]
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DoorDash is putting stablecoin rails to work for one of the most boringly important jobs in finance: getting money from point A to point B fast, across more than 40 countries, without making merchants and delivery workers wait on old-school banking delays. DoorDash Is Now Paying Drivers and Merchants Using Stablecoin Rails in Over 40 […]
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BIS Chief Slams Stablecoins: Why They Fail as True Money in 2023 The Bank for International Settlements (BIS), a heavyweight in the global financial arena, has delivered a scathing verdict on stablecoins, declaring they fall short of being true money. Speaking at a Bank of Japan seminar in Tokyo, BIS General Manager Pablo Hernández de […]
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XRP vs. XLM: Ripple’s ETF Triumph Marks a Wall Street Win While Stellar Struggles to Keep Pace In the high-stakes battle to redefine global money movement, XRP has landed a knockout punch with its spot ETF success, leaving Stellar (XLM) scrambling for relevance. Ripple’s bold statement on XRP’s institutional breakthrough reveals a clear divide: one […]
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Pundit Throws Shade at XRP Chart Analysis, Pushes for Utility Focus Market analyst Luke Suther has dropped a bombshell on the crypto community, slamming the obsession with XRP chart analysis as a pointless distraction. In a scathing report shared on X, he argues that XRP’s real worth isn’t in squiggly lines or speculative moonshot predictions […]
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XRP Trading on Binance Hits 2021 Lows: Is a Price Surge or Crash Coming? XRP trading activity on Binance has dropped to levels unseen since 2021, creating an unsettling quiet in the market. With both buying and selling at historic lows, a slight tilt towards selling, and technical indicators screaming bearish, the crypto community is […]
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Ripple (XRP) and Stellar (XLM): Pioneers of Blockchain Finance? Sending money across borders shouldn’t feel like sending a carrier pigeon, yet traditional banking systems still drag transactions out over days while charging hefty fees. Enter Ripple (XRP) and Stellar (XLM), two blockchain networks promising to upend this outdated mess with lightning-fast, dirt-cheap solutions for global […]
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XRP Price Crash: $50B Losses and ETF Outflows Clash with Ripple’s Institutional Push Ripple’s XRP is in the eye of a storm, trading at a battered $1.39 while holders grapple with a staggering $50.8 billion in unrealized losses. ETF outflows signal institutional hesitation, yet whispers of regulatory wins and Ripple’s bold moves to integrate with […]
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Ripple’s $4 Billion Push: Can XRP Redefine Cross-Border Payments? Ripple is placing a massive bet on the future of finance, pouring $4 billion into infrastructure since 2023 to link traditional banking with blockchain technology. Under CEO Brad Garlinghouse’s direction, the company behind XRP is targeting banks, hedge funds, and multinational corporations with a suite of […]
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