Expands

Clearpool Expands to Payments Financing, Debuts Stablecoin Yield Token

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Clearpool, a decentralized credit marketplace, unveiled a suite of products to finance payments, targeting fintech firms processing cross-border transfers and card transactions. The products include stablecoin credit pools for payment finance (PayFi) and cpUSD, a permissionless token that generates yield from short-term lending to payment providers. “What many overlook is that while stablecoins settle instantly, … Read more

Visa Expands Settlement Platform to Stellar, Avalanche, Adds Support for 3 Stablecoins

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Global payments provider Visa (V) is expanding its stablecoin settlement platform to new blockchains and stablecoins, the company announced on Thursday. The firm will now support two dollar-pegged tokens, PayPal USD (PYUSD) and Global Dollar (USDG), through a partnership with Paxos. It is also adding the euro-backed EURC, issued by Circle Internet (CRCL), giving partners … Read more

PayPay Expands Crypto Payments for U.S. Merchants to Cut Cross-Border Fees

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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

Sky's Grove Expands to Avalanche With $250M RWA Plan, Partnering With Centrifuge, Janus

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Grove, a credit protocol in the Sky (formerly MakerDAO) ecosystem, is expanding to the Avalanche (AVAX) network with plans to allocate up to $250 million into tokenized credit products, the companies said Monday. Grove will invest in the Janus Henderson Anemoy AAA CLO Fund (JAAA) issued through Centrifuge, a blockchain platform that specializes on tokenization. … Read more

Apple Expands App Store Age Rating System With More Granular Categories

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Apple’s App Store age rating system is getting an overhaul, the company announced on Thursday. Users will soon see more granular age ratings for apps and games on the App Store, once developers adopt the new ratings. The changes were unveiled on the same day that the iPhone maker released public beta versions of its … Read more

Apple Expands Retail Presence in Saudi Arabia With Launch of Online Store and Official App

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Apple on Monday announced the expansion of its retail services in the Kingdom of Saudi Arabia. As part of this move, the Cupertino-based tech giant has launched Apple Store online and Apple Store app. This enables customers to purchase all of the devices in Apple’s portfolio, either through the web or app, directly from the … Read more

iOS 18 Developer Beta 4 for iPhone Rolls Out as Apple Expands Support for RCS Messaging

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iOS 18 – Apple’s next major iPhone operating system update – was unveiled at the Worldwide Developers Conference (WWDC) 2024 on June 10, and the iPhone maker has rolled out developer and public beta updates over the subsequent weeks. These beta versions have introduced new features, system improvements and bug fixes. The latest update comes … Read more

Microsoft Expands AI-Powered Bing Search, Edge Browser Access to Public Amid Fears Over Potential Risks

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Microsoft on Thursday expanded public access to its generative artificial intelligence programs, despite fears that tech firms are rushing ahead too quickly with potentially dangerous technology. The AI-enhanced features of the company’s Bing search engine and Edge internet browser are now open for anyone to use, Yusuf Mehdi, corporate vice president, said in a blog … Read more

Ferrari Expands Crypto Payments Support to Europe Due to ‘Evolving Client Needs’

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Ferrari will allow customers in Europe to make payments for car purchases through cryptocurrencies. In an official statement released on Friday, the Italian luxury carmaker noted that the needs of its clients have evolved over time, and that people are opting for newer payment technologies that suit their convenience. According to Ferrari, most of its … Read more

Apple Expands Tap to Pay on iPhone to Austria, Sweden and More Countries

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Apple is expanding its Tap to Pay service for iPhone to more countries, the company announced on Tuesday. Now, business merchants in Austria, Ireland, Sweden and more countries will be able to use its services for accepting in-person and contactless payments without requiring any additional hardware. Notably, the Cupertino-based tech giant recently commemorated the 10th … Read more