Digital Payments News

PayPal's international payment service, Xoom, will allow U.S.-based users to send money overseas using PayPal's stablecoin, PYUSD. 

A recent report from Project Tourbillon, led by the Bank for International Settlements' Innovation Hub, reveals significant advancements in balancing privacy and transparency in CBDCs.

Crypto exchange Coinbase announced an update to its commerce product based on the new Onchain Payment Protocol. It simplifies and standardizes onchain payments. The company said that the updated product will solve the problems of volatility and complexity with transactions. It will…

In a report issued on April 3, 2020, the Bank of International Settlements (BIS) opined that it could soon ramp up its operations to make way for central bank digital currencies (CBDC) and digital payments amid the COVID-19 pandemic. COVID-19…

The Swedish central bank announced that Accenture, an Irish-domiciled multinational professional services company, will be its technology partner to create a pilot platform for a central bank digital currency (CBDC) known as the e-krona. The news was released by all-stocks.net on…