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Stablecoins and CBDCs might play ‘meaningful role’ in payments — Visa CEO

The chief executive of credit card giant Visa remains confident that blockchain-powered solutions can be integrated into its services and offerings to power the next generation of payments.Speaking on a call at Visa’s annual stockholder meeting on Jan. 24, outgoing CEO Al Kelly — who will officially step down on

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Celsius Proposes Restructuring to Offer One-Time ‘Meaningful Recovery’ Payout for Most Creditors

“[The distribution] would be at a discount. We’re not envisioning a full recovery, but it’s a meaningful recovery, Your Honor,” said Ross Kwastaniet, a lawyer for Kirkland & Ellis, the white-shoe law firm representing Celsius. “It would be a one-time distribution in liquid crypto – call it bitcoin, ethereum or

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The meaningful shift from Bitcoin maximalism to Bitcoin realism

There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or promising hype, but Bitcoin was their settlement coin of choice.Things have changed. Stablecoins now constitute a critical $150 billion pillar in the cryptocurrency market. Perpetual futures over-amplify market

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Charity and Stablecoins Drive Meaningful Crypto Adoption

Speaking at Virtual Blockchain Week (VBW), Binance founder and chief executive Changpeng Zhao (CZ) argued that stablecoins and charity initiatives can drive meaningful cryptocurrency adoption.CZ also discussed Binance Academy’s work with Chinese government institutions on blockchain projects and revealed that he hopes Binance can influence the shape of the country’s

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