Global insurance broker Aon tests stablecoin payments with Coinbase, Paxos
The firm used USDC on Ethereum and PayPal USD on Solana for insurance premium payments, testing how stablecoins could reshape settlements.
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The firm used USDC on Ethereum and PayPal USD on Solana for insurance premium payments, testing how stablecoins could reshape settlements.
The stablecoin issuer used its Mint platform for intercompany transfers, replacing bank wires that often take days to settle, CEO Jeremy Allaire said.
Taurus’s stablecoin privacy layer uses zero-knowledge proofs and was built atop the Aztec Network.
The decline coincided with a BIS report casting doubts about stablecoins’ future role in global finance.
Circle and SBI got the green light to launch USDC in the country earlier this month.
The country’s largest digital wallet platform now offers support for stablecoins via USDC.
A WSJ article delved into the contrasting styles between Tether’s Giancarlo Devasini and Circle’s Jeremey Allaire.
SBI VC Trade will be the first to list Circle’s stablecoin under the country’s new payments framework.
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.
The integrations aim to boost global payments and decentralized finance on the Aptos network.