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Nalezeno "Test": 1487

Visa Completes Off-Chain Gas Payments Test Using Visa Cards


Payment solution giant Visa revealed that it has successfully completed initial tests that allow users to pay their on-chain gas fees directly in fiat money through Visa card payments. Mustafa Bedawala, a product manager at Visa, unveiled the project, shedding light on a common obstacle faced...

Bank of Russia Reports 13 Banks Will Participate in Digital Ruble Pilot


The Bank of Russia has announced that all 13 banks intending to participate in the digital ruble pilot have already completed their preparations to join the upcoming test. Olga Skorobogatova, first deputy governor of the Bank of Russia, stated that customers of these banks will be able to apply...

Ripple and Palau Announce CBDC Stablecoin Pilot Program


Palau, an insular nation in the Philippines Sea, has partnered with Ripple, announcing a limited pilot for its own U.S. dollar-pegged stablecoin issued using XRP technology. According to Jay Hunter Anson, a member of the board of directors of Palau’s Ministry of Finance, the test started...

Ripple vs. SEC — Respite for a Beleaguered Industry


On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa...

Hedera Network Powers Shinhan Bank's Successful Test of Stablecoin Payments


The South Korean commercial banking giant Shinhan Bank completed an EMV-compatible feasibility test for stablecoin remittance payments on the Hedera network.  According to the press release, the pilot included SCB TechX, Siam Commercial Bank's technology innovation business unit.... Read More:...

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