Cryptocurrency Analysis and News Portal
RippleNet customers using the on-demand liquidity (ODL) feature can ask for a Line-of-Credit by purchasing XRP from Ripple on a credit basis. This helps to instantly source capital required by businesses to grow their businesses at scale.On Thursday, October 8, San Francisco-based blockchain startup Ripple Labs Inc announced its new
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The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that nationally chartered banks are allowed to provide cryptocurrency custody services to their customers extended to storing cryptographic keys associated with
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Nexo-Tron partnership introduces the first ever TRX-backed fiat credit line to accept TRON (TRX) as collateral.Nexo and TRON Foundation have come together to oversee further TRX adoption through DeFi utility. According to a joint press release, Nexo will list TRX as a collateral for its customers. As a result, it
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More than 40 companies including Ripple, Brave and Huobi have joined forces to form the Open Payments Coalition and launch universal payments system PayID.Reaching more than 100 million consumers, the new payment process will allow users to send or receive money anywhere in the world across any payment network in
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The crypto exchange bitFlyer USA has indicated that there will be no additional fee for instant deposits and customers will be able to deposit up to $1,000 per week.Popular cryptocurrency exchange bitFlyer USA has made instant deposits available for US traders ahead of bitcoin’s third halving. The launch will enable
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Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet.According to an announcement on April 9, the solution aims to solve the challenges of expensive and
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KuCoin, the leading global cryptocurrency exchange backed by IDG Capital has now launched its Instant Exchange service that allows users to exchange some of the top crypto assets like BTC, ETH, LTC, XRP, BCHABC and USDT within seconds.Created by KuCoin in collaboration with a top quantitative market maker of the
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Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many
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The Central Bank of Brazil (BCB) has announced a plan to launch a new near-instant payment system during November.The platform, called the Brazilian Instant Payment Scheme (PIX), will facilitate peer-to-peer and business-to-business transactions in 10 seconds or less via mobile phone, internet banking, or select ATMs. According to a press
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The differences between instant and traditional exchanges do not make one inherently better than the other — they’ve been created for different use cases. Developing an understanding of instant crypto exchanges will help you determine which solution best fits your needs. Below are some of the potential benefits of opting
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