Payments – Page 2 – DIGIT INFO

Mercuryo CEO: Crypto’s Arrival on the World Stage Won’t Be a ‘Eureka Moment’

March 30, 2025 by DIGIT

According to Petr Kozyakov, trust in traditional finance, notwithstanding its inefficiencies, creates hesitancy among businesses and regulators regarding stablecoins. Traditional Finance Inertia Hinders Crypto Adoption Despite the early promises of blockchain technology to revolutionize global finance, cryptocurrency payments, while gaining traction, remain a small fraction of the overall market. Industry experts point to a combination … Read more

Wirex Travel Launches With Crypto Payments and Booking Rewards

March 28, 2025 by DIGIT

Crypto meets convenience as Wirex Travel debuts with hotel savings up to 65% and 8% cashback, merging digital payments with real-world travel rewards worldwide. Wirex Travel Launches With Rewards for Crypto-Powered Hotel Bookings Digital payments platform Wirex announced on March 27 the launch of Wirex Travel, a hotel booking platform that enables users to pay … Read more

Crossmint Secures $23.6 Million to Facilitate the World’s Onchain Transition

March 20, 2025 by DIGIT

With the participation of Ribbit Capital, Franklin Templeton, NYCA, First Round, Lightspeed Faction, and HF0, Crossmint will accelerate its mission to bring every business and AI agent onchain. Crossmint Raises $23.6 Million to Move Businesses to Blockchain The world is increasingly moving to include blockchain technology, and companies like Crossmint have risen to address this … Read more

Wages Paid in Bitcoin? Bill Introduced in Brazil Might Make It Possible

March 18, 2025 by DIGIT

The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security issues. Lawmakers to Review Bitcoin Wages Bill in Brazil A new bill has been introduced in Congress to regulate the payment of wages and other … Read more

Steak ‘n Shake Teases Bitcoin Payments Again

March 15, 2025 by DIGIT

On March 7, fast food chain Steak ‘n Shake posted a question on X asking, “Should Steak ‘n Shake accept bitcoin?” The post received a slew of responses from many well-known Bitcoin personalities including former Twitter CEO Jack Dorsey and Bitcoin Core contributor Luke Dashjr. Steak ‘n Shake recently aligned itself with the pro-crypto Trump … Read more

Moonpay Acquires Iron to Strengthen Enterprise Stablecoin Payment Solutions

March 14, 2025 by DIGIT

In a strategic move to enhance its enterprise payment solutions, crypto payments company Moonpay has acquired Iron, a startup specializing in stablecoin infrastructure, for at least $100 million. This acquisition, announced on March 13, 2025, marks Moonpay’s second significant purchase this year, following its acquisition of Helio in January. With Iron’s API-driven technology, Moonpay aims … Read more

Brazil to Push Cryptocurrency as a Priority for International BRICS Trade

March 14, 2025 by DIGIT

Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a priority for the South American giant’s plans for the organization. Brazil to Push Hard for Crypto Implementation in BRICS Trade The agenda of Brazil as … Read more

Bezos-Backed Stark Bank Rises as a Crypto Enabler in Brazil

March 14, 2025 by DIGIT

Stark Bank, a startup backed by Amazon founder Jeff Bezos, has positioned itself as the go-to firm for serving cryptocurrency businesses in Brazil, filling the gap left by traditional institutions. The firm has built part of its business around this service offering, betting on the industry’s future as Brazilians become more comfortable with crypto. Bezos-Backed … Read more

Russia Begins Piloting Digital Gold System for International Settlements

March 7, 2025 by DIGIT

The program, currently in its pilot stages, is part of a test to examine the feasibility of using gold assets for finalizing international exchanges involving Russia. Capital Lab partner Evgeny Shatov stated that digital gold assets can help the nation bypass sanctions and reduce its dependence on the dollar. Russia Is Testing Digital Gold-Based International … Read more

ECB Expands Digital Asset Settlement—A Major Shift in European Finance

February 22, 2025 by DIGIT

The European Central Bank is advancing its digital asset settlement strategy, aiming to streamline transactions, enhance security, and strengthen financial stability across European markets. Digital Asset Settlement Transformed as ECB Embraces DLT Solutions The European Central Bank (ECB) announced on Feb. 20 an expansion of its initiative to facilitate the settlement of distributed ledger technology … Read more