Fluid Finance Proposes to Integrate the DAI Decentralized Stablecoin Directly Into the Traditional Financial System
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PRESS RELEASE. Fluid Finance submitted a proposal to integrate the DAI decentralized stablecoin directly into the traditional financial system. It would be the first time that a stablecoin could be purchased directly from a bank account. Jessica Walker at Fluid said: “One of the problems with crypto is the lack of connection to the real world. Fluid solves that by integrating Dai directly into our accounts. Users can buy Dai directly from us using dollars, euros, pounds and dozens of other currencies. Dai holders can also now buy coffee on their Fluid Cards, which operate on the Mastercard network”. Fluid
Pakistan is taking a significant step to improve its digital finance system. According to a social media post by the Pakistan Virtual Assets Regulatory Authority, Pakistan has signed an agreement with World Liberty Financial (WLFI) to explore the use of USD1 stablecoin for cross-border payments. Pakistan Boosts Cross-Border Payment Efficiency…
S&P Global has partnered with Chainlink, a leading blockchain oracle network, to bring its Stablecoin Stability Assessments (SSAs) onchain. This partnership is an important step in linking traditional finance with decentralized finance (DeFi), allowing blockchain platforms to safely access trusted financial data. Accessing Stablecoin Risk Data in Real Time Through…
Kima Network, a globally known cross-ecosystem money transfer protocol, has integrated with the Mastercard Sandbox. This integration enables the real-time stablecoin top-ups to prepaid Mastercard cards directly from self-custody crypto wallets. The collaboration allows users to load cards with stablecoins such as USDC and USDT from over 10 supported blockchains.…