Payments

Stablecoins leading the charge in e-commerce evolution

Stablecoins leading the charge in e-commerce evolution

The following is a guest post and opinion of Vitaliy Shtyrkin, Chief Product Officer at B2BINPAY. Nowadays, businesses face a dilemma: while cryptocurrencies have several benefits, including lower fees, faster transactions, and global accessibility, they also pose such risks as uncontrolled volatility and security concerns — both of which remain critical for consumers. This is […]

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Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Circle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The firm’s Chief Strategy Officer, Dante Disparte, clarified on social media that Circle has no plans to become a bank or any other type of insured depository institution. Disparte emphasized that the firm is

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PayPal shakes up stablecoin market with 3.7% interest rewards on PYUSD

PayPal shakes up stablecoin market with 3.7% interest rewards on PYUSD

Payment giant PayPal is rolling out a new rewards initiative that will allow US users holding its PYUSD stablecoin to earn up to 3.7% interest annually, according to an April 23 statement. The program will begin this summer and be available across both PayPal and Venmo platforms. PYUSD reward program PYUSD is a US dollar-backed

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Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw

Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw

A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the United States. According to sources cited by The Wall Street Journal, the firms are leveraging a wave of pro-crypto sentiment in Washington to advance their long-term plans. The report noted that each

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A Blow to the Dollar: Russia Reaches Historic Milestone by Paying for Over Half of Its Imports in Rubles

A Blow to the Dollar: Russia Reaches Historic Milestone by Paying for Over Half of Its Imports in Rubles

According to the Central Bank of Russia, 53.5% of all imports to the country were paid for with Russian rubles in February, marking a historic record. Currencies from unfriendly countries, including the U.S. dollar, accounted for only 17.2%, representing a success for a nation facing unilateral sanctions from the U.S. government. Russia Pays Imports Mostly

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Panama City council greenlights crypto payments for tax, public services

Panama City council greenlights crypto payments for tax, public services

Panama City will begin accepting Bitcoin (BTC), Ethereum (ETH), and popular stablecoins such as USDC and USDT for public service payments, including taxes, fees, permits, and fines, in a move that positions the capital as a regional pioneer in crypto adoption. Mayor Mayer Mizrachi Matalon announced the initiative on April 16 and called it a

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Panama City to Accept Crypto for Public Services

Panama City to Accept Crypto for Public Services

Panama City Mayor has said the Panama District municipality will become the first in the nation to accept cryptocurrency payments for services, following unanimous approval by the City Council. Unanimous Approval The Panama City Mayor Mayer Mizrachi announced on April 15 that the Panama District municipality will become the first in the nation to accept

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Panama City Approves Bitcoin and Crypto Payments for Taxes, Fees, and Permits

Panama City Approves Bitcoin and Crypto Payments for Taxes, Fees, and Permits

Bitcoin Magazine Panama City Approves Bitcoin and Crypto Payments for Taxes, Fees, and Permits In yet another milestone for Bitcoin adoption in Latin America, the Panama City Council has voted to approve the acceptance of Bitcoin and other digital currencies for municipal services, making it the first public institution in the country to do so.

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Tether sees 13% user growth amid global volatility, plans US expansion

Tether sees 13% user growth amid global volatility, plans US expansion

Tether CEO Paolo Ardoino has revealed that the company saw a significant uptick in users during the first quarter of 2025 amid the broader crypto market volatility. In an April 14 post on X, Ardoino announced that the number of USDT users rose by 13% during the period. Although he didn’t provide an exact figure

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Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets

Checkmate: How Adopting a BRICS Payment System Might Erode the Dollar’s Dominance in Trade Markets

Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction, and transaction confidentiality as the main advantages of this system compared to alternatives like SWIFT. Experts Warn Upcoming BRICS Payment System Might Dent Dollar’s Trade

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