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According to Duane Good, COO of Tribal, the round will help Tribal fund SMBs’ receivables in the markets where it operates – Mexico, Brazil, Chile, Colombia and Peru. In Latin America, the company plans to expand into Argentina, and the company is also considering expanding into Africa, Europe and Soutj
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The Stellar Development Foundation (SDF) has published the end-of-year metrics for their ecosystem and the underlying network. Presented by Denelle Dixon, Executive Director, and CEO at the SDF, the metrics showed a significant increase across the board. Related Reading | How Stellar Will Host Ukraine’s CBDC Pilot Test With Tascombank In 2021,
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But between Nov. 9 and Dec. 22, cash flows from bitcoin mining using Bitmain’s Antminer S19 have decreased by 36%, Jaran Mellerud, a researcher at Norway-based Arcane, told CryptoX. For the S9 they’ve dropped 50%, he said. Mellerud attributed the slide to “a 28% drop in the bitcoin price over
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Enterprise payment platform Tribal Credit has partnered with Latin American crypto exchange Bitso and the Stellar Development Foundation to create a new cross-border payment service for businesses, opening the door to broader use cases for blockchain technology in the region.The new service, which is geared towards small- and medium-sized enterprises,
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Payment giant MoneyGram International continues to cement its partnership with the Stellar ecosystem. Via an official post, the company announced a new stage for its collaboration by deploying a live cash-in and cash-out pilot initiative in the United States. Related Reading | Stellar To Launch New Europe-Africa Payment Corridor With This
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In an interview with CryptoX, Stellar’s head of ecosystem, Justin Rice, said that the addition of an AMM at the protocol level was a popular ask among developers and users, and that the implementation takes cues from Ethereum-native AMMs such as Uniswap v2. Source
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The Stellar ecosystem continues to expand. Today they have announced a partnership with global payments company Flutterwave to launch two new payment corridors between Europe and Africa. Related Reading | How Stellar’s $40M Investment In Tala Will Give Millions Access To Financial Services To be supported by the Stellar network with their main
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MetaWars is ready to launch to the stars after raising $2.3 million in seed capital, with none other than major YouTube star Mr Beast completing the stellar list of seed investors. The hugely popular American content creator and philanthropist has been growing his cryptocurrency investment portfolio this year, and so the
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Institutional asset manager Grayscale has announced it will be converting its GBTC Trust into an exchange-traded fund (ETF) once the United States Securities and Exchange Commission (SEC) has “comfort” with recently-approved Bitcoin futures ETFs.In a Monday Twitter thread, Grayscale communications director Jennifer Rosenthal said the asset manager would proceed with
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The Stellar Development Foundation (SDF) has made a fresh bet on the financial services sector. According to a press release, the institution participated in a $145 million series E for Tala. A global technology company working on providing millions of people with access to lend, borrow, and other financial services Tala
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