Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal
The firm said it has agreed to acquire Distributed Technologies Research, a blockchain-based payment infrastructure provider.
Payments
ClearBank to Join Circle Payments Network, Expanding Access to MiCA-Compliant Stablecoins
ClearBank, a crypto-friendly neobank and regulated provider of Faster Payments in the U.K., plans to join the Circle Payments Network (CPN), linking its cloud-native banking platform to Circle’s blockchain-based infrastructure to speed up cross-border payments and offer access to regulated stablecoins. The move follows a… Read More
Will Interest Payments Make Stablecoins More Interesting?
Around the world, stablecoins are coming under a fairly consistent and convergent regulatory regime. They must be backed by real, high-quality assets, are subject to regular audits, and issuers are prohibited from paying interest upon stablecoin balances. The prohibition on interest payments appears in the… Read More