Revolut revealed the data that shows how the coronavirus lockdown has influenced the habits of its app users. The number of users trading crypto has grown.
U.S.-Mexico remittances are tilting towards the crypto space. This comes as Ripple indicates that XRP transfers account for about 10% of these cash flows.
The new Visa crypto debit from Eidoo and Contis will allow Bitcoin and Ethereum investors to spend their holdings at 40 different merchant locations across the U.K. and Europe by using Moneyfold’s stablecoin facility for crypto-to-fiat conversions.
Ripple’s Xumm banking app that will be soon available for mass adoption is more than an ordinary digital asset wallet as it offers a wide array of functionalities both to retailers and developers.
Airfox, a Boston based fintech company, was acquired by the Brazilian retailer Via Varejo. Two years ago the companies worked together on an online bank application banQi that shows a rise in the user number amid the coronavirus pandemic.
Ripple has joined the Faster Payments Consortium (FPC) that offers its members the possibility to work together and to get access to the latest research and data.
PayPal’s initiative has been brought about by the necessity to avoid contracting the virus. Following the news, its stock jumped by 3.82% yesterday and closed in the green. However, now PYPL stock is 1% down.
Ripple’s XRP has got approval for being used in cross-border money transfers from the U.S.Consumer Financial Protection Bureau. XRP price is rising now.
Raiffeisen Bank International (RBI), a major Austrian bank, has confirmed that it is expanding its collaboration with Billon, a Polish-British fintech to create an RBI Coin.
JCB and TECHFUND will be working together to create a blockchain-based platform for security token offerings (STOs) and other enterprise-grade solutions.
SBI Holdings announced that the Ripple-based application MoneyTap will be integrated into Japanese ATMs. Based on MoneyTap, the ATMs are to be bank-independent so that customers can withdraw money from any ATM.
Visa has filed a patent application to the U.S. Patent and Trademark Office (USPTO) to create digital currency on a centralized computer using blockchain technology.
RAKBANK announced the expansion of RAKMoney Transfer (RMT) services using Ripple blockchain technology RippleNet. The new service will be used along the Bangladeshi corridor by partnering with Bank of Asia.
A new product on the Ripple network would not only reduce the time required to avail capital loans but also improve transparency between the parties involved.
Roxe Chain builds a blockchain architecture based on graphene technology to meet vertical decentralized applications and horizontal scalability requirements.