\"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The ECB\u2019s stance underscores a critical juncture for the eurozone, where monetary policy alone may not suffice. Without coordinated fiscal action and structural reforms, Europe risks stagnation despite progress in stabilizing inflation.<\/p>\n","post_title":"European Central Bank Cuts Rates By 0.25 Points, Cites Rising Risks To Eurozone Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"european-central-bank-cuts-rates-by-0-25-points-cites-rising-risks-to-eurozone-economy","to_ping":"","pinged":"","post_modified":"2024-12-19 04:54:29","post_modified_gmt":"2024-12-18 17:54:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19841,"post_author":"1","post_date":"2024-12-10 03:35:06","post_date_gmt":"2024-12-09 16:35:06","post_content":"\n Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Lagarde emphasized the limits of monetary policy, urging lawmakers to enact structural reforms to improve competitiveness and ease pressure on the ECB.<\/p>\n\n\n\n The ECB\u2019s stance underscores a critical juncture for the eurozone, where monetary policy alone may not suffice. Without coordinated fiscal action and structural reforms, Europe risks stagnation despite progress in stabilizing inflation.<\/p>\n","post_title":"European Central Bank Cuts Rates By 0.25 Points, Cites Rising Risks To Eurozone Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"european-central-bank-cuts-rates-by-0-25-points-cites-rising-risks-to-eurozone-economy","to_ping":"","pinged":"","post_modified":"2024-12-19 04:54:29","post_modified_gmt":"2024-12-18 17:54:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19841,"post_author":"1","post_date":"2024-12-10 03:35:06","post_date_gmt":"2024-12-09 16:35:06","post_content":"\n Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The ECB warned that a trade war could dampen economic confidence, undermining consumer spending and delaying recovery. On the same day, the Swiss National Bank cut rates by an unexpected 0.5 points, while the U.S. Federal Reserve is expected to follow suit next week, signaling a more aggressive easing trend globally.<\/p>\n\n\n\n Lagarde emphasized the limits of monetary policy, urging lawmakers to enact structural reforms to improve competitiveness and ease pressure on the ECB.<\/p>\n\n\n\n The ECB\u2019s stance underscores a critical juncture for the eurozone, where monetary policy alone may not suffice. Without coordinated fiscal action and structural reforms, Europe risks stagnation despite progress in stabilizing inflation.<\/p>\n","post_title":"European Central Bank Cuts Rates By 0.25 Points, Cites Rising Risks To Eurozone Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"european-central-bank-cuts-rates-by-0-25-points-cites-rising-risks-to-eurozone-economy","to_ping":"","pinged":"","post_modified":"2024-12-19 04:54:29","post_modified_gmt":"2024-12-18 17:54:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19841,"post_author":"1","post_date":"2024-12-10 03:35:06","post_date_gmt":"2024-12-09 16:35:06","post_content":"\n Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The threat of escalating trade tensions with the United States looms large over the eurozone. Tariffs could disrupt Europe\u2019s manufacturing base, especially in sectors like automotive, which is already struggling to regain footing.<\/p>\n\n\n\n The ECB warned that a trade war could dampen economic confidence, undermining consumer spending and delaying recovery. On the same day, the Swiss National Bank cut rates by an unexpected 0.5 points, while the U.S. Federal Reserve is expected to follow suit next week, signaling a more aggressive easing trend globally.<\/p>\n\n\n\n Lagarde emphasized the limits of monetary policy, urging lawmakers to enact structural reforms to improve competitiveness and ease pressure on the ECB.<\/p>\n\n\n\n The ECB\u2019s stance underscores a critical juncture for the eurozone, where monetary policy alone may not suffice. Without coordinated fiscal action and structural reforms, Europe risks stagnation despite progress in stabilizing inflation.<\/p>\n","post_title":"European Central Bank Cuts Rates By 0.25 Points, Cites Rising Risks To Eurozone Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"european-central-bank-cuts-rates-by-0-25-points-cites-rising-risks-to-eurozone-economy","to_ping":"","pinged":"","post_modified":"2024-12-19 04:54:29","post_modified_gmt":"2024-12-18 17:54:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19841,"post_author":"1","post_date":"2024-12-10 03:35:06","post_date_gmt":"2024-12-09 16:35:06","post_content":"\n Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The threat of escalating trade tensions with the United States looms large over the eurozone. Tariffs could disrupt Europe\u2019s manufacturing base, especially in sectors like automotive, which is already struggling to regain footing.<\/p>\n\n\n\n The ECB warned that a trade war could dampen economic confidence, undermining consumer spending and delaying recovery. On the same day, the Swiss National Bank cut rates by an unexpected 0.5 points, while the U.S. Federal Reserve is expected to follow suit next week, signaling a more aggressive easing trend globally.<\/p>\n\n\n\n Lagarde emphasized the limits of monetary policy, urging lawmakers to enact structural reforms to improve competitiveness and ease pressure on the ECB.<\/p>\n\n\n\n The ECB\u2019s stance underscores a critical juncture for the eurozone, where monetary policy alone may not suffice. Without coordinated fiscal action and structural reforms, Europe risks stagnation despite progress in stabilizing inflation.<\/p>\n","post_title":"European Central Bank Cuts Rates By 0.25 Points, Cites Rising Risks To Eurozone Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"european-central-bank-cuts-rates-by-0-25-points-cites-rising-risks-to-eurozone-economy","to_ping":"","pinged":"","post_modified":"2024-12-19 04:54:29","post_modified_gmt":"2024-12-18 17:54:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19841,"post_author":"1","post_date":"2024-12-10 03:35:06","post_date_gmt":"2024-12-09 16:35:06","post_content":"\n Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n The threat of escalating trade tensions with the United States looms large over the eurozone. Tariffs could disrupt Europe\u2019s manufacturing base, especially in sectors like automotive, which is already struggling to regain footing.<\/p>\n\n\n\n The ECB warned that a trade war could dampen economic confidence, undermining consumer spending and delaying recovery. On the same day, the Swiss National Bank cut rates by an unexpected 0.5 points, while the U.S. Federal Reserve is expected to follow suit next week, signaling a more aggressive easing trend globally.<\/p>\n\n\n\n Lagarde emphasized the limits of monetary policy, urging lawmakers to enact structural reforms to improve competitiveness and ease pressure on the ECB.<\/p>\n\n\n\n The ECB\u2019s stance underscores a critical juncture for the eurozone, where monetary policy alone may not suffice. Without coordinated fiscal action and structural reforms, Europe risks stagnation despite progress in stabilizing inflation.<\/p>\n","post_title":"European Central Bank Cuts Rates By 0.25 Points, Cites Rising Risks To Eurozone Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"european-central-bank-cuts-rates-by-0-25-points-cites-rising-risks-to-eurozone-economy","to_ping":"","pinged":"","post_modified":"2024-12-19 04:54:29","post_modified_gmt":"2024-12-18 17:54:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19841,"post_author":"1","post_date":"2024-12-10 03:35:06","post_date_gmt":"2024-12-09 16:35:06","post_content":"\n Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n According to the official announcement<\/a>, Nuvei's blockchain payments solution also targets corporate treasury management. The three companies seek to enable businesses to improve cross-border transactions and digital asset custody via BitGo's institutional-grade infrastructure through enhanced operational liquidity.<\/p>\n\n\n\n \"Nuvei empowers businesses to connect more deeply with their customers through innovative payment solutions,\"<\/em> said Nuvei Chair and CEO Philip Fayer. \"By integrating stablecoin technology into our payment platform for B2B settlement, we're ensuring our merchants continually receive unparalleled flexibility, security, and global reach.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>Nuvei Partners with Ledger to Offer Direct Crypto On-Ramp for Millions of Users<\/a><\/p>\n\n\n\n Bridging Traditional And Digital Payments<\/strong><\/p>\n\n\n\n Nuvei's blockchain solution aligns with its broader strategy to deepen its presence in Latin America. In 2023, the company expanded its footprint by becoming the first global payments provider to offer direct local acquiring in Colombia, rolling out services in Mexico, and securing a Payment Institution license in Brazil.<\/p>\n\n\n\n \"Our innovative platform connects traditional financial rails with the digital asset ecosystem, providing frictionless transactions for B2B and\u00a0stablecoin\u00a0payments. This partnership with Nuvei represents a significant step in making blockchain-based payments more accessible and flexible for businesses in\u00a0Latin America.\" <\/em>Rain Co-founder and CEO\u00a0Farooq Malik\u00a0also mentioned in the official statement.<\/p>\n\n\n\n By embracing stablecoins and blockchain technology, LATAM merchants can now stay ahead in an increasingly interconnected global economy. The blockchain initiative aims to boost financial innovation for businesses in the region poised for significant digital growth.<\/p>\n\n\n\n Luis Ayala, the Director at BitGo, added: \"As a leader in digital asset custody and infrastructure, we're excited to support Nuvei's expansion into blockchain payments. Our institutional-grade security and comprehensive digital asset services will help businesses in\u00a0Latin America\u00a0leverage\u00a0stablecoin\u00a0technology with confidence and operational efficiency.\"<\/em><\/p>\n","post_title":"Visa And Nuvei Launch Blockchain Payment Solutions For LATAM Businesses","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"visa-and-nuvei-launch-blockchain-payment-solutions-for-latam-businesses","to_ping":"","pinged":"","post_modified":"2024-12-10 03:35:13","post_modified_gmt":"2024-12-09 16:35:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19841","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
However, revised forecasts paint a less optimistic picture. Policymakers face mounting pressure to stimulate growth as Europe grapples with its competitiveness, political instability in major economies like Germany and France, and a faltering industrial sector.<\/p>\n\n\n\n See Related: <\/em><\/strong>Beyond the Rate Cut: Challenges For The ECB's Monetary Policy<\/a><\/p>\n\n\n\n The threat of escalating trade tensions with the United States looms large over the eurozone. Tariffs could disrupt Europe\u2019s manufacturing base, especially in sectors like automotive, which is already struggling to regain footing.<\/p>\n\n\n\n The ECB warned that a trade war could dampen economic confidence, undermining consumer spending and delaying recovery. On the same day, the Swiss National Bank cut rates by an unexpected 0.5 points, while the U.S. Federal Reserve is expected to follow suit next week, signaling a more aggressive easing trend globally.<\/p>\n\n\n\n Lagarde emphasized the limits of monetary policy, urging lawmakers to enact structural reforms to improve competitiveness and ease pressure on the ECB.<\/p>\n\n\n\n The ECB\u2019s stance underscores a critical juncture for the eurozone, where monetary policy alone may not suffice. Without coordinated fiscal action and structural reforms, Europe risks stagnation despite progress in stabilizing inflation.<\/p>\n","post_title":"European Central Bank Cuts Rates By 0.25 Points, Cites Rising Risks To Eurozone Economy","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"european-central-bank-cuts-rates-by-0-25-points-cites-rising-risks-to-eurozone-economy","to_ping":"","pinged":"","post_modified":"2024-12-19 04:54:29","post_modified_gmt":"2024-12-18 17:54:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19883","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":19841,"post_author":"1","post_date":"2024-12-10 03:35:06","post_date_gmt":"2024-12-09 16:35:06","post_content":"\n Nuvei, the Canadian fintech firm, launched a blockchain-based payment solution that utilizes stablecoins to enable faster global settlements for merchants in Latin America. The partnership also involves Rain and BitGo. Through Visa-supported physical or virtual cards, LATAM merchants can reportedly use stablecoins like USD Coin (USDC) for transactions across Visa's extensive global network.<\/p>\n\n\n\n\n
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