Schwarzenbach, Switzerland, April 27th, 2023, Chainwire
Veax Labs has officially launched its advanced decentralized exchange (DEX) on mainnet. Built on NEAR Protocol, the platform aims to seamlessly bridge features commonly found in the traditional finance (TradFi) with that of the decentralized finance (DeFi) market. Together with the launch of the platformโs mainnet, it has introduced the Veax Liquidity Provider (LP) Incentive Program, a unique opportunity to reward community members who commit liquidity to the platform, further accelerating its growth.
Building On A Successful Testnet
Since the platformโs public testnet launched in late January, over 12,230 users accessed the platform, creating over 120,000 liquidity positions and generating nearly 2 million native NEAR testnet transactions. Following the success of the platformโs public testnet, the team has developed a unique trading experience for the NEAR ecosystem, building on feedback received and implemented during the testnet phase.
โWe have set out to develop a platform that will greatly enhance the trading experience on NEAR. Although some of our more advanced features are still under development, we are confident that the NEAR community will enjoy some of the features that will be available upon launch. One of the key features that users will be able to try out is our flexible fee levels which will optimize the trading experience for both regular traders and liquidity providers,โ said James Davies, Chief Product Officer at Veax Labs.
โOur public testnet has proven to be highly successful, and we have received a lot of positive feedback from both our users and partners alike. We look forward to seeing the same reception on the mainnet. We have a lot of exciting developments planned, including the launch of LP Incentive Program, the continuation of our Veax Points program and the launch of our native $VEAX token in the near future,โ said Marie Tatibouet, Chief Marketing Officer at Veax Labs.
“We’re very impressed with the activity Veax testnet has generated and we’re looking forward to the release live at Consensus” – Kendall Cole at Proximity Labs
Introducing The Veax LP Incentive Program
The Veax LP Incentive Program will allocate 25% of all $VEAX tokens, amounting to a total of 2,500,000 tokens, to reward early liquidity providers in the Veax ecosystem. The 7-month long program will run from the launch of the mainnet through the token generation event (TGE) until the end of the year. The TGE is expected to occur two months after the mainnet launch, with rewards accruing immediately and payable one month after the TGE takes place. To incentivize continued support, tokens earned will be locked for two months after they are earned. The incentive pool is designed to triple or even quadruple earnings generated from exchange pools.
About Veax
Veax was developed by Tacans Labs, the DeFi builder arm of Tacans AG, a Swiss-based Web3 venture builder and investor. In November 2022, Veax Labs raised $1.2 million in pre-seed funding from a series of prominent investors including Circle Ventures, Proximity Labs, and Outlier Ventures, together with Tacans Labs, Qredo, Skynet Trading, Seier Capital, and Widjaja Family.
Contact
PR Manager
Dion Guillaume
Tacans Labs
[email protected]
Abu Dhabi, UAE, April 27th, 2023, Chainwire
Venom Foundation has teamed up with DoraHacks, Developer DAO, and Hacken to launch its first-ever virtual hackathon. The event aims to equip developers with all the tools and resources necessary to start building on the Venom blockchain. While registrations begin on the 27th of April 2023, the hackathon is set to kick off on the 8th of May, 2023.
The hackathon comes on the heels of Venomโs testnet launch, which went live earlier this week. This is a significant development that will welcome a new influx of users and developers. The testnet will further allow developers to test and debug dApps and blockchain protocols, while also providing users with a firsthand experience of these dApps. The ultimate goal of the testnet is to promote innovation and community building within the ecosystem. It will pave the way for more significant events, with the hackathon being the first of many.
Venomโs organizing partner for the hackathon is DoraHacks, the global hackathon organizer and one of the most active Web3 developer incentive platforms. Meanwhile, Developer DAO and Hacken will provide marketing and incentives support.
Developers, both individuals and teams, will be able to submit their applications after the opening ceremony. Participants will be required to submit their projects before the 10th of June, 2023. Once project submissions are complete, they will be evaluated by a panel of judges, all with their own individual expertises. Some of the most notable being Peter Knez, Ex CIO Blackrock, and David Atkinson, the co-founder Holochain.
Christopher Louis Tsu, CTO of Venom Technology and one of the judges, said: “We’re thrilled to host this hackathon, as it will be a catalyst for innovation and creativity within the Venom ecosystem. The event will allow us to expand our library of decentralized applications, as well as attract and grow a talented pool of developers. This is a unique opportunity for developers and builders to drive forward the decentralized ecosystem and push the boundaries of what is possible.โ
Participants will be given the option to develop a project based on three tracksโ(i) Web3, NFTs and Gaming, (ii) DeFi, (iii) Tools and Infrastructure. Be it soulbound tokens, stablecoins or crypto wallets, participants’ skills and creativity are put to the test over the span of five weeks.
The hackathon will commence with an opening ceremony on the 8th of May, followed by workshops spread out over several days. The workshops will be released throughout the course of the hackathon and will cover a range of key topics โ how to create a smart contract, creating a non-fungible TIP-4 token, connecting a dApp UI to Venom, and more.
Finally, the hackathon concludes with an award ceremony on the 17th of June, 2023. The top three winners from each category will be announced, with first-place winners bagging $30,000 each. The first-place winners in all three categories will also get a free security audit from Hacken, covered by Venom. Additionally, honorary mentions will be awarded to three teams in each category, with each team walking away with $3,000. The total prize pool for the hackathon is $225,000, which is the combined value of the cash prizes, security audits, and other incentives.
To register for the Hackathon: Click here
About Venom Foundation
Venom Foundation is licensed by the ADGM and enables the acceleration of global Web3 projects. The decentralized network operates under the jurisdiction of the Abu Dhabi Global Market (ADGM). The ADGM is an oasis for investors and financial services firms, positioning Venom as the worldโs first compliant blockchain, affording authorities and enterprises the freedom to build, innovate, and scale.
A portfolio of in-house dApps and protocols has been developed on the Venom blockchain by various companies. With capabilities of dynamic sharding, low fees, ultra-fast speed and scalability, Venom harbors the potential to function as the main infrastructure for a global ecosystem of Web3 applications, possessing ultra-fast transaction speeds and infinite scalability to meet the demands of an ever expanding user base.
For more information about, visit: Website | Twitter
To register for the Hackathon: Click here
About Developer DAO
Developer DAO is a decentralized autonomous organization that brings together developers, researchers, and entrepreneurs from around the world with the common goal of accelerating the advancement of Web3. By operating with a bottom-up structure and without a central authority, it allows members to collaborate and share resources to create impactful Web3 projects. Developer DAO’s mission is to provide developers with the tools they need to succeed in building meaningful projects and contributing to the evolution of Web3.
For media inquiries, please contact: Will Kempster ([email protected])
About Hacken
Hacken is a renowned cybersecurity company that provides comprehensive services to protect businesses and individuals from cyber threats. With a focus on blockchain security solutions, Hacken offers a range of services including penetration testing, vulnerability assessment, security audit, and incident response. Founded in 2017, the company operates from Kyiv, Ukraine and has earned a reputation as a leader in the cybersecurity space. Hacken’s commitment to promoting cybersecurity aligns with their mission to create a safe and secure digital world for everyone.
For media inquiries, please contact: Taras Talimonchuk ([email protected])
About DoraHacks
DoraHacks is a global hackathon organizer and one of the world’s most active multi-chain Web3 developer platforms. It creates a global hacker movement and provides crypto native toolkits to help developers around the world team up and fund their ideas and BUIDLs via hackathons, bounties, grants, grant DAOs, and public good staking. By far, more than 3000 projects from the DoraHacks community have received over $25 million in grants and other forms of contributions from supporters worldwide. A large number of open source communities, DAOs, and more than 40 major blockchain ecosystems are actively using Dora’s infrastructure (DoraHacks.io) for open source funding and community governance. DoraHacks has reached over 300,000 hackers worldwide, and hosted 100+ hackathons in 15 cities, spanning 8 countries with more than 400 partners.
For media inquiries, please contact: Chris Li ([email protected])
As part of its commitment to compliance with AML/CFT regulations, Venom Foundation will screen hackathon winners and their wallet addresses using blockchain data analytics tools to confirm their eligibility before awarding the prize money. The results of the screening will be shared with the organizers to ensure a fair and transparent event.
Contact
Adam Newton
[email protected]
Celsius Network, a prominent cryptocurrency lending platform, is facing demands for transparency from its creditors regarding a series of suspicious transactions on FTX, a leading crypto exchange. The creditors are seeking clarity on the nature of these transactions, which could potentially impact their investments.
Several large transfers of CEL tokens, Celsius Network’s native cryptocurrency, have been observed on FTX. These transfers have raised concerns among creditors, who believe that the transactions could indicate potential financial issues or mismanagement within the company. As a result, they are demanding that Celsius Network provide an explanation for the activity.
Celsius Network has yet to issue an official statement addressing the concerns of its creditors. However, the company has a strong track record of maintaining transparency and has previously published comprehensive financial reports for public review. This history suggests that Celsius may respond to the creditors’ demands in due course.
The situation highlights the growing importance of transparency within the cryptocurrency industry, particularly as digital assets become more mainstream and attract increased scrutiny from regulators and investors. Companies operating in the space must strike a balance between protecting sensitive business information and providing sufficient transparency to maintain the trust of their user base.
The outcome of this dispute could have broader implications for the cryptocurrency lending industry. It underscores the need for robust disclosure practices to ensure that all parties involved in digital asset transactions have access to the information they need to make informed decisions.
Kraken, a leading cryptocurrency exchange, has requested the intervention of a San Francisco court to protect its user data from what it deems to be overreaching demands by the United States Internal Revenue Service (IRS).
The IRS had issued a summons to the crypto exchange in an effort to obtain comprehensive data on its users’ transactions. The tax agency’s goal was to identify US taxpayers who might have failed to report their cryptocurrency holdings and trading activities, as well as any associated tax liabilities.
However, Kraken has taken legal action to contest the summons, arguing that it is overly broad and violates the privacy rights of its users. The company has requested that the court limit the scope of the IRS’s demands, asserting that the summons should only pertain to individuals who are reasonably suspected of tax evasion.
Kraken’s legal team stated that the IRS’s summons would require the exchange to divulge a vast amount of sensitive user data, including full names, addresses, phone numbers, and transaction histories. They argue that such a request is both intrusive and unnecessary, as it would affect users who have complied with tax regulations.
The exchange also highlighted the precedent set by a similar case involving Coinbase, another major cryptocurrency platform. In that instance, the court ruled that the IRS’s demands were too extensive and required the tax agency to narrow the scope of its request.
By taking legal action, Kraken aims to defend the privacy of its users and ensure that the IRS’s demands do not infringe upon their rights. The outcome of this case could have significant implications for the broader cryptocurrency industry, as exchanges grapple with regulatory requirements while striving to maintain user privacy.
Tokyo, Japan, April 26th, 2023, Chainwire
The first tickets for Non Fungible Tokyo 2023 have gone on sale. The event, the largest of its kind in Japan, will be held on Thursday, June 22 2023 and tickets are now available to the general public via Eventbrite and Moongate.
The one-day event will be hosted at Tokyo International Forum Hall Hall B7 and features a host of luminaries from Japanโs budding NFT and web3 industry. Limit Break CEO Gabriel Leydon will be speaking as well as The Sandbox COO and Co-Founder Sebastien Borget. Other speakers confirmed for the conference are Sky Mavis Co-Founder Jeffrey Zirlin, Yield Guild Games Co-Founder Gabby Dizon, and Jikhan Kikuchi Jung of Mythical Games.
Non Fungible Tokyo 2023 is hosted by Japan Blockchain Week which runs from Sunday, June 18 – Thursday, July 13. More than 3,000 delegates are expected to attend the one-day NFT event, with the numbers boosted further by virtual attendees who will be following on YouTube. In addition to adding ticketing options, the official website for Non Fungible Tokyo 2023 has been updated with speaker introductions.
Representative Host Mai Fujimoto commented: โThe sixth edition of Non Fungible Tokyo is shaping up to be the biggest and best one yet. With the effects of Covid-19 having receded, weโre delighted to be able to invite international guests to speak at the event for the first time. Given the Japanese governmentโs firm commitment to supporting the countryโs web3 industry, weโre confident that demand will be strong for Tokyoโs flagship NFT conference.โ
Non Fungible Tokyo 2023 will provide a place to discuss the foundations of the industry, and to support cross-industry discussions between builders, investors, and other players. Tickets are on sale now.
- https://japanblockchainweek.jp/
- https://twitter.com/JBCWeek
- Official site https://nonfungible.tokyo
- General Ticket sale page (Eventbrite๏ผhttps://www.eventbrite.com/e/non-fungible-tokyo-2023-associated-with-japan-blockchain-week-tickets-540797869987
- Limited NFT Ticket Sales Page๏ผMoongate๏ผhttps://app.moongate.id/events/nftjbw
Contact
Founder
Minoru Yanai
Japan Blockchain Week
[email protected]
Austin, United States, April 26th, 2023, Chainwire
Space and Time, a leader in decentralized data, today announces the beta release of its data warehouse and developer suite. Space and Time allows developers to leverage provable computation against on-chain and off-chain data to power dapps, smart contracts and verifiable AI models.
As AI becomes increasingly integrated in modern business applications and processes, the Space and Time data warehouse aims to ensure that AI models are trained on accurate, verifiable, tamperproof data. To participate in the Space and Time beta, sign up through this link:ย https://www.spaceandtime.io/access-beta
Space and Time is a decentralized hybrid (HTAP) data warehouse that powers low-latency transactional queries and scalable analytics in a single cluster. Space and Time has developed a novel zero-knowledge proof called Proof of SQL, which cryptographically proves that query computation was done accurately and that both the query and the data are verifiably tamperproof.
Space and Time comes pre-loaded with blockchain data indexed from major chains, decoded and provided for free. The data warehouse also includes pre-built APIs for SQL operations, blockchain data, Kafka streaming and security, as well as a Tamperproof Python service for easily extracting, transforming and loading data or running complex computations.
โWe are thrilled to open the Space and Time data warehouse and suite of data services to developers everywhere,โ said Nate Holiday, CEO and Co-founder of Space and Time. โSpace and Time is enabling a new era of data verifiability. As smart contracts and AI are increasingly integrated into business processes, Space and Time aims to ensure that theyโre connected to and trained on verifiable data and computation.โ
Space and Timeโs dapp, a next-generation data frontend, provides a user-friendly interface for interacting with on-chain and off-chain data. OpenAI enabled, the dapp allows developers to easily generate SQL queries, Python scripts, streams, oracle jobs, smart contracts, dashboards, and more from simple natural-language inputs.
OpenAI, a Microsoft-backed AI research and deployment company, is already making waves beyond the tech industry. Earlier this year, management consulting firm Bain & Company announced a services alliance with OpenAI to offer AI capabilities to its global clients, including Coca-Cola.
โAI is shaping the future of business operations in an unprecedented way,โ said John Kanan, Senior Partner at Bain & Company. โAs we move further into the age of AI, enterprises need to develop a focused strategy for leveraging its benefits. The assurance that AI is being trained on verifiable data and computation should instill confidence in enterprises seeking to incorporate it into critical business processes.โ
Space and Time is showcasing its newly launched data warehouse at this yearโs Consensus conference in a live demo with Shrapnel, the highly anticipated blockchain-enabled AAA first-person shooter game. Attendees of the conference will be able to play the Shrapnel prototype as Space and Time generates live analytic insights around gameplay.
โWeb3 analytics are going to be critical to the success of blockchain games and Space and Time has the best service available.โ said Mark Long, CEO of Shrapnel. โJust like any Web2 free-to-play game, realtime analytics are how you improve the player experience. You need lightning-fast execution of data from on-chain transactions to in-game activity to leaderboards and more. And players want to know that all the data is accurate and verifiable. Space and Time is just the perfect complement to Shrapnelโs own blockchain and live-ops tech.โ
Space and Timeโs ability to join tamperproof on-chain and off-chain data and connect the results back to smart contracts enables new, robust possibilities for blockchain gaming. Space and Time can relay information to and from a gameโs servers and its smart contract in real time, to improve the gameโs recommendation engines and match-making, help players understand what NFTs, weapons, and upgrades they should be buying, and facilitate more complex earning schemes on-chain.
Space and Time Product Day, presented by HashKey Capital, is an exclusive event showcasing the latest cutting-edge technology in data warehousing and Web3. Product Day, which takes place on Wednesday, April 26 during the Consensus conference, will be followed by an open Space and Time Ecosystem Night presented by Chainlink.
About Space and Time
Space and Time is the first Web3-native decentralized data warehouse that joins tamperproof on-chain and off-chain data to deliver enterprise use cases to smart contracts. Space and Time has developed a novel cryptography called Proof of SQLโ that allows developers to connect analytics directly to smart contracts, opening up a wealth of powerful new use cases and business logic on blockchain technology. Space and Time is built from the ground up as a multichain data platform for developers in financial services, gaming, DeFi, or any project requiring verifiable data across enterprise, blockchain and AI.
For more information, visit: Website | Twitter | Discord | Telegram | LinkedIn | YouTube
About Shrapnel
Shrapnel is the worldโs first blockchain-enabled AAA first-person shooter game. Designed to reward and empower players and creators, the game is being developed by a BAFTA and Emmy award-winning team of game industry veterans with unmatched experience in transmedia, virtual production, gaming-as-a-service, and blockchain production. Spun-out from HBO Interactive, the acclaimed team have enjoyed past successes with some of the worldโs leading game companies including Xbox, Electronic Arts, HBO, LucasFilm, Irrational, and Zombie Ent, working on titles such as Halo, Call of Duty, Star Wars, and many more.
For more information, visit: http://www.shrapnel.com
Contact
Spencer Reeves
[email protected]
In a recent development that has left the crypto community puzzled, tech giant Apple has reportedly removed the Bitcoin white paper from the latest macOS beta version, sparking debates and speculation among enthusiasts. The white paper, authored by the pseudonymous Satoshi Nakamoto, has been a crucial document in understanding the underlying technology and philosophy of Bitcoin, the world’s first and largest cryptocurrency.
The white paper’s removal from the macOS beta came to light when several users reported the issue on social media and discussion forums. Apple has not yet provided any explanation or comment on the matter, leaving the crypto community to speculate about the reasons behind the move.
Some users believe that the removal could be a temporary measure, while others suggest that it may be due to copyright concerns. However, without any official statement from Apple, the real motive behind the decision remains unclear.
Despite Apple’s silence on the matter, the crypto community has reacted with mixed emotions. While some have expressed disappointment and concern, others see the removal as an opportunity for the white paper to gain even more visibility, as the news spreads and sparks curiosity among those previously unfamiliar with the document.
The Bitcoin white paper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” was published in 2008 by Satoshi Nakamoto and laid the groundwork for the development and implementation of Bitcoin. The paper has since become a foundational resource for anyone seeking to understand the principles and technology behind the cryptocurrency.
As the crypto community awaits clarification from Apple regarding the removal of the Bitcoin white paper from the latest macOS beta, the incident serves as a reminder of the importance of open access to information and the impact that tech giants can have on shaping the dissemination of knowledge.
In a bid to foster a mutually beneficial relationship between the traditional financial sector and the burgeoning crypto industry, the United Kingdom’s financial watchdog, the Financial Conduct Authority (FCA), has called for closer collaboration between the two. The FCA believes that working together will help to ensure the stable growth of both industries and encourage responsible innovation.
The FCA has made it clear that it is open to engaging with the crypto industry to better understand its complexities and to help create a regulatory framework that is both effective and flexible. This comes in response to the rapid growth of the crypto market, which has caught the attention of regulators worldwide.
By adopting a proactive approach, the FCA hopes to address potential risks while simultaneously supporting the development of new and innovative financial products and services.
In recent years, the UK has witnessed a surge in the number of crypto and blockchain-based businesses, which has raised questions about the need for regulation and oversight. The FCA’s decision to engage with the crypto industry is seen as a positive step towards achieving a balance between consumer protection, market integrity, and financial stability.
Key stakeholders in the crypto industry have welcomed the FCA’s move, viewing it as an opportunity to work with the regulator to establish clear guidelines that will promote growth and innovation. This collaborative approach is expected to create an environment where both traditional and emerging financial sectors can thrive, benefiting the UK economy as a whole.
In addition to working with the crypto industry, the FCA also plans to consult with other stakeholders, such as financial institutions, technology companies, and academics, to ensure a well-rounded perspective on the challenges and opportunities that the crypto industry presents. This inclusive approach will help to create a regulatory framework that addresses the concerns of all parties involved, fostering a stronger and more resilient financial ecosystem in the UK.
As the FCA and the crypto industry embark on this journey of collaboration, the UK has the potential to become a leading hub for crypto innovation, attracting global talent and investment. This initiative not only highlights the importance of the crypto industry in shaping the future of finance, but also underscores the need for open dialogue and cooperation to create a regulatory landscape that supports and sustains the growth of both traditional and emerging financial markets.
Abu Dhabi, Abu Dhabi, April 25th, 2023, Chainwire
Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venomโs roadmap as it prepares to launch on mainnet. Along with the testnet launch, Venom has also unveiled a host of in-house developed decentralized applications as part of its growing ecosystem.
The testnet design suits both ecosystem users and developers. It enables developers to test and debug dApps and blockchain protocols, while allowing users to experience these dApps firsthand. The goal of the program is to encourage innovation and community building within the ecosystem.
Developers and users can try out the testnet in two simple steps. First, download the Venom Wallet on mobile via the Apple App Store or Google Play Store, or on the desktop as a Google Chrome extension. Secondly, users can jumpstart their journey of testing the Venom ecosystem by claiming a free testnet allocation.
“We’re excited to announce the launch of Venom’s public testnet, a crucial step towards our upcoming mainnet launch. With our highly scalable and reliable asynchronous blockchain, we’re confident that developers will be able to build innovative dApps, while users will be able to experience them firsthand,” said Peter Knez, Chair of the Venom Foundation Council.
Developers will be able to try their hand at building on the asynchronous Venom blockchain which boasts ultra-fast speed at 100k TPS, and a dynamic sharding feature that enhances scalability and network reliability. To kick things off, Venom has curated a repository of developer documentation to equip developers with the necessary tools and knowledge to start building.
Venomโs network boosts interoperability making it a viable tool for developers, while its low transaction fees makes it user-friendly for global adoption.
A host of dApps debut on the testnet
Several dApps are to make their debut on Venom testnet. Users can test them out by performing transactions, testing the native Venom wallet and much more.
- Venom Wallet
- Venom Scan
- VenomPools
- Venom Bridge
- Venom Stake
- Web3.World
- WeUp
- NFT Mint
- Oasis.Gallery
About Venom Foundation
Venom Foundation is licensed by the ADGM and enables the acceleration of global Web3 projects. The decentralized network operates under the jurisdiction of the Abu Dhabi Global Market (ADGM). The ADGM is an oasis for investors and financial services firms, positioning Venom as the worldโs first compliant blockchain, affording authorities and enterprises the freedom to build, innovate, and scale.
A portfolio of in-house dApps and protocols has been developed on the Venom blockchain by various companies. With capabilities of dynamic sharding, low fees, ultra-fast speed and scalability, Venom harbors the potential to function as the main infrastructure for a global ecosystem of Web3 applications, possessing ultra-fast transaction speeds and infinite scalability to meet the demands of an ever expanding user base.
For more information about the Venom testnet launch, visit: Website
For more information about Venom Foundation, visit: Website | Twitter
Contact
Adam Newton
[email protected]
Visa, the global payments giant, has announced its plans to develop an ambitious crypto payment product that will allow for the use of stablecoins in transactions. The company aims to capitalize on the growing popularity of digital assets and expand its payment offerings to cater to a wider range of customers.
The new crypto payment solution is expected to integrate seamlessly with Visa’s existing payment infrastructure, allowing merchants and customers to make transactions using stablecoins. These digital assets, which are pegged to traditional fiat currencies, offer a stable value and are quickly gaining traction as a means of payment for goods and services.
Visa’s stablecoin payment platform is designed to offer a range of benefits to users, such as reduced transaction costs, faster settlement times, and increased accessibility for underbanked populations. By embracing this new technology, Visa seeks to strengthen its position as a leading payment provider and maintain its competitive edge in the rapidly evolving digital economy.
In recent years, Visa has demonstrated its commitment to the cryptocurrency space through a series of strategic partnerships, investments, and product launches. The company’s efforts include collaborations with major cryptocurrency exchanges, such as Coinbase and Binance, as well as the development of crypto-linked debit cards that allow users to spend their digital assets at millions of merchants worldwide.
The announcement of Visa’s stablecoin payment solution is a significant milestone in the mainstream adoption of digital assets, as it signals the increasing recognition of cryptocurrencies as a viable means of payment. As one of the world’s largest payment networks, Visa’s foray into stablecoin payments could help to solidify the role of digital assets in the global financial ecosystem.
While the exact timeline for the launch of Visa’s stablecoin payment product remains unknown, the company’s ongoing efforts to embrace digital assets and drive innovation in the payments industry are likely to have a lasting impact on the future of finance.