Picpay, a Brazil-based fintech and payments company, has announced it will now allow customers to purchase crypto from within the app using fiat funds.
To the company, this is a very significant move, as expressed by Anderson Chamon, co-founder and vice president of products and technology at Picpay. He stated:Picpay will enter this world very strongly. It will not be an accessory product, it will be a very important line of business.Picpay plans to roll out this update for next month, though it is still unknown if the company will allow crypto deposits and withdrawals from its platform.
The fintech company aims to make this possible later this year, with the cryptocurrencies being liquidated automatically for fiat money to protect merchants from volatility.By the end of the year, Picpay informed it expects to have more than 100 cryptocurrencies in its wallet, offering an ample range of options for potential investors. However, one of its most ambitious projects is the launch of its own Brazilian real-pegged stablecoin, which will be used to make payments and purchases.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Brazil's PicPay to launch crypto payments and real-pegged stablecoinBrazilian mobile payment app PicPay will start supporting cryptocurrencies, launch an exchange and introduce a stablecoin pegged to the real.
Lire la suite »
Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin.PicPay, a Brazilian fintech company that has 30 million active users, plans to launch a crypto exchange with bitcoin and ether trading along with a stablecoin tied to the Brazilian real. oalvespaulo reports.
Lire la suite »
Brazil opposition party official shot dead at birthday celebrationMarcelo Arruda, a Workers’ Party (PT) official and municipal guard, was celebrating his birthday, when the suspect Jorge Jose da Rocha Guaranho entered the private event and shot him dead.
Lire la suite »
Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin.PicPay, a Brazilian fintech company that has 30 million active users, plans to launch a crypto exchange with bitcoin and ether trading along with a stablecoin tied to the Brazilian real. oalvespaulo reports.
Lire la suite »
A Comprehensive Look at Trading Fees Across Spot ExchangesA cryptocurrency exchange is a marketplace where retail and institutional entities trade cryptocurrencies. Exchanges offer a range of services most suited
Lire la suite »