Bybit has added support for Western Union’s USDPT stablecoin, becoming the first major cryptocurrency exchange to list the dollar-pegged token for trading, …
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Western
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Adoption
Bybit Incorporates $USDPT Stablecoin Of Western Union To Drive Global Crypto Adoption
by shayaanby shayaanBybit, the 2nd-biggest crypto exchange based on trading volume, has integrated the $USDPT stablecoin of Western Union. This denotes a landmark in …
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Finance
‘Western Compliance Pressure’ Will Push Russia Fully into Independent Digital Payments
by shayaanby shayaanStanislav Lazarev, Deputy General Director for Sales at A7, believes that the cross-border payments ecosystem will shift toward independent solutions, including digital …
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Markets
Western Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO says
by shayaanby shayaanThe 175-year-old money-transfer firm also plans to issue a stablecoin-linked card for payments and cash-out options from crypto to local currencies, CEO …
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Scams
Russian Crypto Exchange Grinex Halts Trading, Alleging $13M Exploit by ‘Western Special Services’
by shayaanby shayaanIn brief Russian exchange Grinex says it was hacked for more than 1 billion rubles or greater than $13 million. The exchange …
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Western Union is tapping the Solana blockchain to serve as the core rails for its USDPT stablecoin network. The move signals a …