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Author: Terence Zimwara

Hyundai Card Turns $20,000 Stablecoin Test Into Real-World Remittance as Europe Trial Draws Closer

Hyundai Motor America converted $20,000 into stablecoins and transferred them to Hyundai Motor Mexico, where they were exchanged back into U.S. dollars. Shaving Hours off Transaction Times Hyundai Card successfully tested stablecoin-based cross-border payments between Hyundai Motor Group subsidiaries in North America, slashing transaction times from hours to minutes…

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Ghana and the UK Use Blockchain to Recover $15.1M From Cross-Border Scam

Law enforcement agencies from Ghana and the United Kingdom recently collaborated to seize $15.1 million in cryptocurrency from a transnational investment scam. An E-Commerce Front for Organized Crime Law enforcement agencies in Ghana and the United Kingdom have seized approximately $15.1 million in cryptocurrency from a sophisticated transnational investment scam…

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China’s Yuan Settlements Jump to $214B in March as Russia, Iran Accelerate Dollar Exit

Russia and Iran are accelerating their move away from the U.S. dollar and toward the Chinese yuan as Western sanctions and geopolitical pressures deepen, according to a new report. The Rise of the Petroyuan The global financial landscape is undergoing a tectonic shift as the conflict between the West and a growing coalition of sanctioned

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