Digital payments giant PayPal (PYPL) said it is rolling out a service that lets U.S. merchants accept over 100 cryptocurrencies in payment for purchases as it aims to cut cross-border fees. The feature, dubbed Pay with Crypto and available in the coming weeks, enables shoppers to use crypto wallets like MetaMask and Coinbase at checkout. … Read more
Ripple has launched support for cross-border crypto payments in the UAE. The XRP issuer has partnered with two UAE-based banks, the Zand Bank and Mamo, to enable cross-border payment solutions as well as on and off-ramp services for banks, crypto firms, and fintechs from around the world. The US-based crypto firm announced the development via … Read more
Uber is reportedly exploring the use of stablecoins once again. During the Bloomberg Tech conference held this week in San Francisco, Uber CEO Dara Khosrowshahi, discussed the company’s ongoing study on the use of stablecoins. Uber is looking to reduce the costs of processing international money transfers, and it is now studying the use of … Read more