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Dubai said the partnership will go a long way to achieve its goal of getting 90% of financial transactions fueled by cashless technology by 2026. The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12,…
RedotPay’s crypto cards are now live in South Korea, challenging the country’s traditional payment networks with real-time stablecoin transactions. Hong Kong-based fintech firm RedotPay has reportedly launched its cryptocurrency-enabled payment cards in South Korea, positioning itself as a potential disruptor in a market dominated by traditional credit card firms and mobile payment services. The company’s…
Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration with chip behemoth Nvidia. Stripe’s payments foundation model has been trained on tens of billions of transactions,…
Creator platform Patreon has rolled out an updated version of its app that now allows users to make purchases via the web, in the wake of the Apple-Epic court ruling that forced Apple to allow app developers to include links to alternative forms of payment without being subject to Apple’s commission. Previously, on version 125.4.1…
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…
Cannes, the French city famous for hosting the Cannes Film Festival, is said to be a top tourist destination for festivals and events. Merchants in Cannes, France, the site of the international Cannes Film Festival, are set to begin accepting crypto payments by summer this year in an effort to attract clientele with high disposable…
Payments processing software provider Stripe is ready to help iOS app developers bypass Apple’s cut of App Store transactions. Following yesterday’s ruling in the Apple-Epic antitrust trial, where Judge Yvonne Gonzalez Rogers outright shamed Apple for not permitting external payment links in apps as she had previously ruled, Stripe shared documentation that shows iOS developers…
Mastercard also partnered with OKX for a crypto-enabled bank card, which Mastercard product chief, Jorn Lambert, said creates a “360-degree approach” to stablecoins. Mastercard says it will allow merchants across its network to be paid with stablecoins in a partnership with payment processor Nuvei and stablecoin issuers Circle and Paxos. Through the venture, 150 million…
The new card will be backed by Mastercard, but faces steep competition from similar products offered by centralized exchanges. Wallet provider MetaMask is launching a crypto payments card that will allow users to spend self-custodied funds, offering crypto holders additional ways to use their tokens. The new card is backed by Mastercard and is being…
This episode of the Clear Crypto Podcast breaks down how social payments and crypto giveaways on X can make blockchain-based transactions fast, fun and finally mainstream. What if paying with crypto was as easy and as fun as sending a meme on X? In the latest episode of The Clear Crypto Podcast, StarkWare’s Nathan Jeffay…