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Visa partners with former Tether CEO's WeFi to promote on-chain payments, allowing stablecoins to be used directly for Visa network transactions
According to The Block, Visa has partnered with WeFi, a "on-chain bank" company founded by former Tether CEO Reeve Collins, allowing users to hold digital assets through self-custody wallets while directly spending within the global Visa acceptance network, without the need to custody assets in cent...
Wall Street Morning Brief: Hawkish Waller Interrupts Computing Frenzy, Cloud Giants Thrive on 'AI Rent', Price Hikes Hit Upstream
Asian Market Open and Cryptocurrency Volatility: How Nikkei 225, KOSPI, and Yen Carry Trade Affect Bitcoin
During the Asian market opening, the strengthening yen, declines in Nikkei 225 futures, KOSPI futures, and changes in cryptocurrency open interest can lead to increased volatility in Bitcoin.
Outlook on 'Dollar Stablecoins' from Jackson Hole: "Dollar Hegemony Will Strengthen"
As dollar-based stablecoins spread, there is an analysis suggesting that the international dominance of the U.S. dollar may actually strengthen. Some have raised concerns that if bank deposits shift to stablecoins, the effectiveness of central bank monetary policy could weaken, and the impact of U.S...
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