Mastercard acquires stablecoin infrastructure firm BVNK for $1.8 billion to accelerate next-generation payment network development and pivot toward on-chain finance, as industry competition intensifies with Stripe, Shopify, and Visa also adopting stablecoin payments ahead of the Genius Act implementation.
#YonhapInfomax #Mastercard #BVNK #StablecoinPayments #GeniusAct #OnChainFinance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111357
Mastercard Acquires Stablecoin Firm to Accelerate Next-Gen Payment Network

Mastercard acquires stablecoin infrastructure firm BVNK for $1.8 billion to accelerate next-generation payment network development and pivot toward on-chain finance, as industry competition intensifies with Stripe, Shopify, and Visa also adopting stablecoin payments ahead of the Genius Act implementation.

Yonhap Infomax

Back in 2020, I wrote about the ultimate wallet for personal finance — a TradFi experience, but on-chain.

5 years later, with chain and account abstraction gaining momentum, it’s still relevant. And still, no one’s come close to building it.

Why is that?

https://medium.com/@krzysu/ultimate-wallet-for-personal-finance-6d5ce83abe38

#DeFi
#OnChainFinance
#PersonalFinance
#Web3
#AccountAbstraction
#SmartWallets
#TradFi
#Innovation
#Fintech
#Crypto

Ultimate Wallet for Personal Finance - Kris Urbas - Medium

I’m presenting my concept for the ultimate cryptocurrency wallet. Its most prominent feature is hiding the complexity of blockchain and cryptocurrency from the user. It’s designed to replicate…

Medium