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Layer 1 payments network CrossFi launches EVM-compatible mainnet

CrossFi launched an EVM-compatible mainnet for scalable web3 payments. The network supports 10,000 TPS and bridges Ethereum assets seamlessly. Governance uses MPX tokens, with fees averaging $0.02 per transaction. Cross Finance, commonly known as CrossFi, has announced the launch of its EVM-compatible mainnet, marking a

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Stripe partners with Paxos to launch stablecoin payments platform

Stripe partners with Paxos to launch a stablecoin payments platform. Paxos’ platform supports PYUSD, USDC, and USDP for instant conversions. The initiative aims to cut costs and expand businesses’ global reach. Stripe has taken a significant step toward enhancing global payment solutions by partnering with

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Alabama grants Transak a Money Transmitter License (MTL)

Transak secures its first Money Transmitter License (MTL) in Alabama. The license boosts security, speed, and compliance for US cryptocurrency services. Transak targets further state licenses as it enhances its Web3 payments infrastructure. On October 3, 2024, Transak USA LLC achieved a significant milestone by

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