The Digital Dollar Project (DDP) is a nonprofit organization formed last year to assist U.S. businesses with pilot tests of central bank digital currency (CBDC), including the public-private partnerships called for by the U.S. federal government.
Circle Internet Financial, the exclusive issuer of USD Coin (USDC), a stablecoin cryptocurrency fully pegged to the U.S. dollar, has formed a partnership with Worldpay from FIS, the second largest merchant acquirer in the U.S.
Bolt, a payment service provider, will acquire Wyre, a cryptocurrency infrastructure provider. Bolt will add Wyre’s capabilities to its APIs, allowing merchants to offer services like one-click checkout with cryptocurrencies.
Blockchain.com, a crypto wallet and financial services company, will partner with Stripe to facilitate payments, fight fraud and improve revenue management. Blockchain.com has already used Stripe to facilitate crypto purchases using card payments, and the company expects to add the ability to make crypto purchases using Apple Pay and Google Pay. The company also announced […]
The Governor of Colorado said that the state will become the first in the U.S. to accept cryptocurrency for payment of state taxes and fees. Local legislators in Arizona and Wyoming drafted similar proposals. Sling, the Dish-owned streaming service, partnered with BitPay to accept cryptocurrency payments including Bitcoin, Ethereum and DogeCoin for its monthly subscription […]
Visa will partner with ConsenSys, a blockchain technology company, to connect central bank digital currency (CBDC) networks into existing payment rails. Visa’s CBDC Payments Module is designed to allow financial institutions to issue digital wallets or CBDC-linked cards to consumers. The pilot testing phase of development begins this year. Binance, a crypto trading platform, announced […]
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