BingX, a leading cryptocurrency exchange and Web3-AI company, today announced a 1,000,000 USDT trading campaign designed to help users participate in one of the year’s most active periods for equity markets, as July earnings season begins with more than 15 major global companies set to report results. Running from July
The post Hyundai Card Tests Stablecoin Global Payments. appeared on BitcoinEthereumNews.com.
Hyundai Card completed a $20,000 USDT transfer between US and Mexico subsidiaries in seven minutes. The pilot used Avalanche, Tether, and Axiym to test faster blockchain-based corporate payments. Hyundai Card plans Europe trials with Visa and Circle for local currency stablecoin transfers. Hyundai Card has completed a stablecoin-based cross-border payment test between Hyundai Motor subsidiaries in the United States and Mexico, marking a major step toward blockchain-powered corporate settlements. The payment company tested real intercompany transfers using stablecoins, aiming to improve international payment efficiency while exploring new financial infrastructure for global operations. Hyundai Card Completes Stablecoin Transfer Between Hyundai Units Hyundai Card, the payments division of Hyundai Motor Group, said Thursday it has completed a proof-of-concept (PoC) involving stablecoin transfers b
The post Can Established Players Maintain Their Grip on the Stablecoin Sector? appeared on BitcoinEthereumNews.com.
As stablecoins continue to rise in prominence within the financial sector, ARK Invest CEO Cathie Wood believes that the market will largely remain under the control of current dominant issuers. Tether‘s USDT and Circle’s USDC, she asserts, have cemented their positions through extensive network effects, creating formidable challenges for any emerging competitors. Continue Reading:Can Established Players Maintain Their Grip on the Stablecoin Sector? Source: https://en.bitcoinhaber.net/can-established-players-maintain-their-grip-on-the-stablecoin-sector
Hyundai Card completed a $20,000 USDT transfer between US and Mexico subsidiaries in seven minutes. The pilot used Avalanche, Tether, and Axiym to test faster blockchain-based corporate payments. Hyundai Card plans Europe trials with Visa and Circle for local currency stablecoin transfers. Hyundai Card has completed a stablecoin-based cross-border payment test between Hyundai Motor subsidiaries […]
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Brentford's traditional signing highlights crypto's limited role in football, emphasizing sponsorship as brand awareness rather than financial integration.
The post Brentford’s crypto sponsor BingX watches from the sidelines as club signs Callum Wilson without a token in sight appeared first on Crypto Briefing.
The post Hyundai Card Completes Stablecoin Cross-Border Payment Pilot appeared on BitcoinEthereumNews.com.
Hyundai Card completed a proof of concept for stablecoin-based cross-border transfers. The transaction took place between Hyundai’s US and Mexico units in just seven minutes. The pilot used a 20K USDT transfer and included Tether, Avalanche, and Axiym as partners. Hyundai Card has completed a proof of concept (PoC) for stablecoin-based cross-border transfers with Hyundai Motor America (HMA) and Hyundai Motor Mexico (HMM), marking one of the first real corporate settlement tests by a major industrial group using blockchain-based payments. The first trial involved Hyundai Motor America converting $20,000 into USDT, sending the funds to Hyundai Motor Mexico, which then converted the stablecoins back into US dollars. The entire transfer, including settlement verification, took an average of seven minutes. Hyundai Card said a comparable bank-to-bank international transfer normally re
The post How to Fund a Crypto Sportsbook With Stablecoins appeared on BitcoinEthereumNews.com.
Funding a crypto sportsbook has become much easier than it was a few years ago. Instead of worrying about Bitcoin price swings, many bettors now use stablecoins such as USDT and USDC, which are designed to maintain a value close to one US dollar. Stablecoins allow players to move funds quickly while avoiding the volatility associated with many cryptocurrencies. Many crypto-native sportsbooks, including Dexsport, support stablecoin deposits across multiple blockchain networks, giving players flexibility to choose the combination of speed, fees, and wallet compatibility that suits them best. Dexsport, for example, supports dozens of cryptocurrencies across multiple blockchains, making USDT and other stablecoins convenient funding options for sports betting. This guide explains everything beginners should know before making their first deposit. Unlike Bitcoin or Ethereum, whose prices may change
The post BingX Expands Tradfi Offerings with 1,000,000 USDT Earnings Season Campaign appeared on BitcoinEthereumNews.com.
PANAMA CITY, July 9, 2026 –BingX, a leading cryptocurrency exchange and Web3-AI company, today announced a 1,000,000 USDT trading campaign designed to help users participate in one of the year’s most active periods for equity markets, as July earnings season begins with more than 15 major global companies set to report results. Running from July 9 to July 29, 2026, the campaign forms the fourth edition of BingX’s Global Capital Gala series, featuring trading activities designed around the upcoming earnings season. Participants can earn rewards through earnings-stock trading tasks, first-time trades, and trading challenges tied to earnings announcement dates. Eligible users who complete campaign requirements will have the opportunity to share the total reward pool, with additional incentives available throughout the event period. The campaign highlights the continued
The post AscendEX Exchange Shuts Down With No Guarantee Users Will Get Their Funds Back appeared on BitcoinEthereumNews.com.
Key highlights: The exchange stopped operations on July 1 as the new MiCA rules took effect Users were warned that their assets may not be recoverable Automated withdrawals have been suspended, with all now under manual review Thousands of AscendEX users could potentially lose the funds they have in the crypto exchange. The firm has officially shut down operations amid regulatory challenges and financial difficulties. Interestingly, the company also told its customers that it cannot guarantee that they will recover all of the assets held in their accounts. AscendEX closure raises questions for customers In a notice published on July 6, the firm officially confirmed that it ceased operations on July 1. The company then added that the European Union’s MiCA regulation was a major reason behind the closure. The new framework requires crypto firms operating in the EU