“The New Feature Enables Faster, Cheaper Cross-Border Payments for Merchants and Shoppers, The Company SAID.”, – WRITE: www.coindesk.com
The addition is Part of Bolt Connect, A New Product Focused on Helping Digital Marketplaces Scale Quickly by Automating Merchant Onboarding, Compliance and Payouts.
For Merchants, Receiving Stablecoin Payments Means Fewer Bank Intermediarians, Faster Settlements and Lower Transaction Costs, The Company Explained the Initiative In The Press Release. Consumers Can Benefit, Too: A Shopper with A Bank Account or Buying from A Store Across The World Can Pay Instantly Using Digital Dollars Withititing. Clearances.
“MarketPlaces Shouldn’s have to be choose Between Scale and Simplicity,” Said Ryan Breslow, Founder and CEO OF BOLT. “With Bolt Connect, We’re Giving Them Tools to Grow Without the Usual Technical Burden, While Stablecoin Support Opens the Door to Faster
Bolt is the Latest Example of Global Payment Firms Like Mastercard, Visa and Stripe Racing to Embrece Stablecoins, A Type of Digital Currency with Prices Anchored to Anchored to Anchored to Anchove INTO Their OFFFERINGS. IT’s A $ 260 Billion, and Rapidly Growing, Asset Classh Promise Programmable Transactions and Faster, Cheaper Cross-Border Payments Than Through Traditional Banking Channels. Adoption is Expert to Accelerate After the US Senate Passed the Genius Act to Regular the Stablecoin Sector.
Bolt’s Stablecoin Initiative Came on the Heels of Debuting ITS FINANCAL “SUPERAAPP” that allows USers to Hold, Sand and Receive Cryptocurrencies Including StableCoins Wind.
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