BitPay is expanding its capabilities to Ethereum, allowing merchants across the world to accept the network's currency, ether. The payment provider announced today that customers will be able to securely and compliantly accept the currency in the coming weeks.
The launch will also allow wallet users to store ether in their BitPay wallets, in addition to allowing BitPay Prepaid Visa Card holders to add to their debit cards. Stephen Pair, CEO of BitPay, said in a statement that integrating ether was the "next logical choice" for the company.
Ether joins BitPay's payment mechanism offerings of bitcoin and bitcoin cash. The company also supports stable coin settlement with Circle CENTRE USD Coin, Gemini Dollar and Paxos Standard token in addition to 12 currencies and direct bank deposit in some countries.
Merchants like Microsoft, Newegg, Dish Networks, FanDuel and Avnet will be able to support the currency without any additional integration effort on their end, according to the company. They'll also be able to process cross-border transactions.
Ether support will go live very soon, according to the company. However, an official launch date has not been specified within the announcement.
Delivering on a vision for an interoperable global standard for dollar digital currency, Circle and TRON have partnered to make USD Coin (USDC) available on the TRON blockchain, which has grown to more than 56 million accounts and nearly 2.5 billion transactions since its founding just four years ago. TRON is home to a broad ecosystem for digital assets in Asia and around the world, and the TRON community can now benefit from easy access to the world's fastest-growing, regulated dollar digital currency.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.
Bloomberg reported Friday that a broad U.S. government investigation into the operator of crypto exchange Binance has widened to include "whether Binance or its staff profited by taking advantage of its customers."
The securities regulator for Alabama issued a show-cause order on Thursday to crypto lender Celsius, seeking an explanation for why its offerings don't constitute the sale of securities under state law.
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