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
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 Pulsar Money And Arc Partner To Transform Stablecoin Finance In Europe appeared on BitcoinEthereumNews.com.
Pulsar Money, a Web3 financial hub that simplifies using digital money, is pleased to announce its upcoming launch on Arc, the stablecoin-native Layer-1 blockchain built by Circle, the issuer of the USDC stablecoin. The purpose of this partnership is to enable European people to store, exchange, and spend digital currencies seamlessly on the Arc blockchain. Primarily, Pulsar focuses on the European market as a multi-currency stablecoin app and maintains partner infrastructure. Due to the multi-currency nature of Pulsar Money, it is very beneficial, especially for the people of European countries, to seamlessly swap between digital dollars, euros, and pounds as stablecoins in a single app. Users don’t need to convert their stablecoin into any other specific currency for use. Pulsar Money Brings AI-Driven Currency Swaps to Virtual Visa Cards Pulsar Money is also providing
The post Crypto Betting vs Fiat Sportsbooks: What Changes for the Bettor appeared on BitcoinEthereumNews.com.
Sports betting has changed significantly over the past decade. Alongside traditional sportsbooks that rely on bank transfers, cards, and e-wallets, a growing number of operators now accept cryptocurrencies or are built entirely around blockchain infrastructure. For bettors, the difference extends far beyond the payment method. Crypto sportsbooks change how users deposit funds, control their balances, verify their identity, and withdraw winnings. Some platforms such as Dexsport are built as crypto-native sportsbooks rather than a traditional bookmaker that later added Bitcoin payments, Dexsport supports dozens of cryptocurrencies, wallet-based registration, and blockchain transparency while maintaining a licensed betting platform. Understanding these differences helps bettors decide which model better fits their priorities. Crypto vs Fiat Sportsbooks
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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 […]
The post Hyundai Card Tests Stablecoin Payments in Global Automotive Shift appeared first on Live Bitcoin News.
The post Gauntlet Raises $125M Series C From SBI Holdings appeared on BitcoinEthereumNews.com.
SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure. Gauntlet, a DeFi risk management and vault curation firm with $1.42 billion in assets under advisement, closed a $125 million Series C funding round with SBI Holdings, the Japanese financial conglomerate, as the sole investor, Gauntlet said on X Thursday. The firm, founded by chief executive Tarun Chitra, said the capital will fund “building our infrastructure across traditional capital markets, expanding stablecoin coverage, and accelerating new onchain offerings.” Gauntlet said it aims to provide “quantitative guardrails” as institutions move capital onchain. Gauntlet was last valued at $1 billion in 2022, when it raised roughly $24 million in a Series B round. Gauntlet did not disclose a post-money valuation for the Series C
SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure.
