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 Asia in the future, Elkasstawi added. Source link … [Read more...] about B2B Payments Platform Tribal Raises Debt Round Including $20M in Stellar USDC
Stellar
Bitcoin Mining Profitability Starts Falling After Stellar Year: Research
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 CoinDesk. For the S9 they’ve dropped 50%, he said. Mellerud attributed the slide to “a 28% drop in the bitcoin price over the same period, coupled with a 12% increase in [mining] difficulty.” Source link … [Read more...] about Bitcoin Mining Profitability Starts Falling After Stellar Year: Research
Ukraine Commercial Bank to Test Digital Currency Built on Stellar
The statement also said that the pilot will test the use case for programmable payroll with employees at Diia, a public IT solutions enterprise in Ukraine. Danilenko said Tascombank is still considering the number of users that will be taking part in the pilot project as privаte citizens, merchants and institutions are involved. Source link … [Read more...] about Ukraine Commercial Bank to Test Digital Currency Built on Stellar
XLMX: CoinDesk’s Stellar Lumens Price Index
The CoinDesk Stellar Lumens Price Index (XLMX) is the world’s leading reference for the price of Stellar lumens (XLM), used by the largest institutions that are active in the crypto market. Asset allocators, asset managers, market participants and exchanges all rely on the XLMX to provide a real-time, USD-equivalent spot rate for Stellar lumens. The XLMX is one of a suite of … [Read more...] about XLMX: CoinDesk’s Stellar Lumens Price Index
After Ripple snub, Moneygram teams up with Stellar for cross border pilot program
Earlier this month, a partnership deal emerged, in which Stellar holders would be able to access Moneygram locations to exchange USDC for cash, and vice versa, in person. Moneygram has over 350,000 locations in 200 countries.Stellar’s Chief Executive Officer Denelle Dixon said this was huge for Stellar as it effectively bridges the blockchain and physical worlds.“This is huge … [Read more...] about After Ripple snub, Moneygram teams up with Stellar for cross border pilot program