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Tag: CBDC

Payment Network Visa Now Uses USDC as Settlement Currency

March 29, 2021 wp-bot Inside Bitcoins

US credit card-issuing company Visa announced on Monday its intention of facilitating crypto payments through its network. Visa Completes First Crypto Pilot Test Visa strategic

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Bahamas’ Sand Dollar nears commercial rollout as interoperability completed

March 29, 2021 wp-bot Cointelegraph

Following cybersecurity assessments, commercial institutions are being cleared to issue the world’s first CBDC — the Bahamas’ Sand Dollar.

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Payment Giant Visa Integrates USDC Stablecoin Support for Settlement

March 29, 2021 wp-bot Bitcoin News

On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that

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The Fed Plans to Unveil Digital Dollar Prototypes in July

March 28, 2021 wp-bot Bitcoin News

The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and

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Former OCC official says crypto has backing but dollar ‘may not’

March 26, 2021 wp-bot Cointelegraph

Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”

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Bitcoin no longer a fringe asset due to US dollar debasement, says Soros Fund exec

March 26, 2021 wp-bot Cointelegraph

Soros Fund Management’s CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past

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Blockchain
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