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JD.com plans to apply for stablecoin licenses in major countries, aiming to slash cross-border payment costs by 90% and settle in 10 seconds. Chinese e-commerce giant JD.com is stepping into the stablecoin arena, with founder Liu Qiangdong revealing plans for a global licensing push aimed at cross-border payments. The announcement, made during a media briefing…
In peer-to-peer crypto lending, knowing how to exit safely when rates fall or platforms falter is just as important as getting started. P2P crypto lending lets you earn interest by lending digital assets directly to borrowers via CeFi or DeFi platforms. Smart contracts automate lending processes in DeFi, ensuring transparency, efficiency and algorithmic interest rates….
Tether AI’s crypto payment support will be enabled via a newly launched wallet development kit that enables self-custodial wallets for Bitcoin and Tether’s USDt. Tether AI, the forthcoming artificial intelligence platform from stablecoin giant Tether, will feature payments in major cryptocurrencies, including USDt and Bitcoin. Tether CEO Paolo Adroino took to X on May 5…
The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions. A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill…
” Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges “ Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto exchanges. While the move immediately impacted how investors move funds to and from exchanges, Binance reminded users about how peer-to-peer (P2P)…
” Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans “ Billionaire entrepreneur Elon Musk has confirmed that he intends on integrating payments into what he describes as Twitter 2.0 — “The Everything App” — fuelling a short-lived 19.4% price surge for meme-inspired cryptocurrency Dogecoin (DOGE). The new Twitter CEO revealed his plans…
” Vitalik: Crypto payments will ‘make sense’ as tx costs fall to mere cents — KBW 2022 “ Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again “make sense” as transaction costs will soon fall to fractions of a cent due to layer-2 rollups. The Cointelegraph team currently on the ground at Korea…
” European Central Bank bets on CBDCs over BTC for cross-border payments “ A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, including banking, Bitcoin (BTC) and stablecoins, among others. ECB’s interest in identifying the best…
” Bitcoin Lightning Network Capacity charges through 4,000 BTC “ There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-peer payments. The Lightning Network first broke the 1,000 BTC barrier in August 2020 and the 2,000…
” Wen Lambo fixed? Mechanic receives first payment in Bitcoin to mend Lamborghini “ The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company, it’s certainly the case. Working in Kansas City, Missouri, in the Midwest, JayFab told Cointelegraph that he took…