XRP is a cryptocurrency tied to the XRP Ledger, which is an open-source blockchain used mainly by the Ripple payment network for international transactions. It’s designed to be a bridge currency, though Ripple, the company behind the network, does not own XRP. Recently, interest in XRP surged after Donald Trump’s election victory, leading more investors ...
As cryptocurrency moves toward mainstream use, CFOs and treasurers are stepping into a crucial role in this financial transformation. Understanding the specialized language of blockchain and crypto, such as stablecoin sandwiches and zero-knowledge proofs, is essential for making informed decisions about integrating these technologies. With stablecoins bridging traditional finance and digital currencies, they enhance speed ...
In 2024, stablecoins, which are digital tokens linked to fiat currencies, are gaining significant traction in the financial sector. As traditional financial firms embrace blockchain technology and with a more supportive U.S. administration likely under Donald Trump, stablecoins are shifting from speculative tools to essential parts of the financial landscape. They’re being used to improve ...
XRP, a cryptocurrency formerly known as Ripple, is experiencing a remarkable surge, gaining 396% in just six weeks. It has moved up to become the third-largest cryptocurrency, and it is now close to reaching the $3 price point, which is only a 12% increase away from its current value. Designed to simplify cross-border transactions, XRP ...
Remote, a payroll and HR platform, has introduced a feature that allows companies to pay contract workers in stablecoins like USDC. Initially available for U.S. businesses, this service can be used to pay contractors in 69 countries, addressing the common challenge of making fast and reliable international payments. With this new system, contractors can choose ...
Remote, a payroll and HR platform, has launched a new feature allowing clients to pay contract workers with stablecoins, starting with the USDC stablecoin. This service, initially available for U.S. businesses, enables companies to pay contractors in 69 countries swiftly and securely. Remote’s CEO highlighted that this feature helps overcome challenges in providing reliable payments ...
Visa Inc., the world's largest payment network, reported a strong fiscal fourth-quarter profit that surpassed Wall Street expectations. The rise in cross-border transactions drove this growth, highlighting a robust recovery in global spending.
