Category: The Ledger Edge
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XRP corporate treasury investments near $1 billion as companies embrace blockchain potential
Corporate investments in XRP treasuries near $1 billion as companies like Trident Digital and Webus International embrace blockchain for capital allocation and cross-border payments.
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Leading Stablecoin Issuer Tether Invests $89,000,000 Into Precious Metals Royalty Company To Deepen Exposure to Gold – The Daily Hodl
Tether, the largest stablecoin issuer, invested $89 million in Elemental Altus, a Canadian precious metals royalty company, acquiring 33.7% of its shares to deepen its gold exposure.
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Amazon, Walmart, and Expedia consider issuing stablecoins to sidestep costly card fees: WSJ
Amazon, Walmart, and Expedia are considering issuing stablecoins to reduce card payment fees, which cost merchants 1-3% per transaction. The move depends on the Genius Act’s approval for regulatory framework.
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Coinbase, Shopify to Simplify Real-World Crypto Payments: Best Wallet to Join the Fray with Fiat Card
Coinbase partners with American Express to launch the Coinbase One Card, offering Bitcoin cashback and no trading fees. Shopify will accept USDC payments, while Best Wallet prepares its crypto payment card.
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Walmart, Amazon consider issuing own stablecoins: WSJ
Walmart and Amazon are reportedly considering issuing their own USD-backed stablecoins, potentially saving billions in banking fees and signaling broader institutional adoption of stablecoins.
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GameStop shares tank 22% after boosting raise to $2.25B for Bitcoin strategy
GameStop increased its private convertible note offering to $2.25 billion to fund Bitcoin investments, causing shares to drop 22%. The retailer already holds 4,710 BTC and plans further crypto treasury expansion.
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Coinbase’s 4% Bitcoin Card: Brilliant Rewards or Subscription Trap? – Brave New Coin
Coinbase’s new Bitcoin rewards card offers 4% cashback but requires a Coinbase One subscription, raising concerns about its true intent to boost recurring revenue rather than provide genuine crypto rewards.
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Shopify launches early access to USDC stablecoin payments on Base
Shopify introduces early access to USDC stablecoin payments on Base network, offering cashback and expanding crypto checkout options via Shopify Payments and Shop Pay.
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Ripple’s Legal Victory Echoes: XRP Adoption Surges with New Guggenheim Partnership News ETHNews
Guggenheim Treasury Services launches a $280M Digital Commercial Paper on Ripple’s XRP Ledger, boosting institutional adoption and XRP utility with potential bullish impacts.
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Coinbase Launches Bitcoin Rewards Card to Drive Subscriber Growth – Decrypt
Coinbase introduces a Bitcoin rewards credit card for U.S. Coinbase One subscribers, offering up to 4% Bitcoin back on purchases to boost subscriber growth and diversify revenue.
