credit

Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

Centralized payment companies such as Visa, Mastercard and PayPal will need to adapt if they are to survive the potential demand for blockchain-based stablecoin payments, according to research firm Gartner. In a Thursday blog post, Gartner notes that, while new bitcoin offerings from such firms are helping to prepare the transition to a future payment …

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[SPONSORED] Velo Protocol powering the world’s premiere Federated Credit Exchange Network

[SPONSORED] Velo Protocol powering the world’s premiere Federated Credit Exchange Network

Imagine a network where partners – stemming from legacy finance, CeFi, and DeFi industries – are all created equal. This network has no central nodes and all data is sent from one node to another via the shortest, most efficient route available. In this network, all participants agree to a set of core conceits – …

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DeFi credit default swap platform Opium Protocol raises nearly $3.25 million

DeFi credit default swap platform Opium Protocol raises nearly $3.25 million

Crypto derivatives platform Opium Protocol has raised nearly $3.25 million in a funding round. The fresh cash injection includes participation from Galaxy Digital, Alameda Research, Hashkey Group and CMS Holdings — to name a few. The new funding will help the Amsterdam-based startup introduce further derivatives to the decentralized finance market, which has grown at …

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Vietnam's HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates

Vietnam’s HDBank Taps Blockchain Network to Streamline Bank Credit for Corporates

HDBank has signed up to a blockchain network from Contour with the aim of bringing trade finance into the digital realm. The Vietnam-based bank is the latest financial institution to join Contour’s network with a view to streamlining the issuance of letters of credit with the use of a blockchain and smart contracts, local media …

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