Uber’s CEO, Dara Khosrowshahi, has announced the company’s exploration of stablecoins for international settlements, aiming to reduce transaction costs and accelerate cross-border payments. This potential shift in financial […]
Uber Invests in Stablecoins to Streamline International Payments
Ride-sharing giant Uber is exploring the use of stablecoins, digital currencies designed to maintain a fixed value, as a potential solution for reducing costs associated with international money […]
Chinese Firm Plans $300 Million XRP Treasury for International Payments
Webus International Limited, a Chinese company specializing in AI-powered mobility solutions, has filed paperwork with the SEC to initiate an XRP treasury, signaling its commitment to incorporating cryptocurrency […]
India’s Central Bank Expands Digital Rupee Use, Targets Cross-Border Payments
The Reserve Bank of India (RBI) is expanding its digital rupee pilot program to include new functionalities and cross-border payment use cases. The RBI plans to test the […]
Vaulta and VirgoCX Launch Cross-Border Payments Network Using Stablecoins
Former EOS Network, now known as Vaulta, is partnering with Canadian crypto exchange VirgoCX to launch a new stablecoin-powered remittance service. This venture marks the first major deployment […]