The Journal meanwhile notes that statistically, the focus
on fiat payments over Bitcoin makes financial sense.
Not exact matches
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Bitcoin Cash — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by PotCoin — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
Blockchain - based
payment service provider Bitwala announced
on Monday that it is building an online bank account service, «enabling a seamless transition between the crypto and
fiat worlds.»
But
on the other hand, if you know the
fiat currency
payment is conducted directly by the buyer and seller.
Because it is fundamentally more secure and efficient than trust - based
fiat currencies, it can be used in ways they can't, like nearly zero - cost international remittences, or anonymous
payments on the internet from one user to another.
Bitcoiners can now send bitcoin to pay people without having to explain bitcoin: just ask the recipient to send a
payment request using the Abra wallet, and the conversion from bitcoin to
fiat will happen
on - the - fly.
The way OneBit works is as follows: the app will serve as a mobile Bitcoin wallet, which can convert to
fiat currency
on the fly — at the best rate available — and lets users pay for goods and services wherever NFC
payments are possible.
Payments and the representation of
fiat currency
on Blockchains is a potentially significant use case for distributed ledger technology and we firmly believe that partnership between regulators, central banks and the financial services sector will accelerate solutions to maturity.»
What's more, many merchants
on the platform favor bitcoin
payments over
fiat.
Ripplecoin, created in 2011, was built
on the same protocol as Bitcoin but services as a
payment system — think of it like a Paypal for cryptocurrencies that supports any
fiat currency, cryptocurrency, commodity or even frequent flier miles.
Merchants
on the platform can easily put up their goods for sale, knowing that
payment will not only be prompt and directly, but also based
on whatever currency they prefer, including
fiat.
The fact that the platform is built
on the Ethereum blockchain also makes it easier to facilitate
payments through either Ether or Bitcoin, and the company is also planning to facilitate
payments through cards,
fiat currency and PayPal.
By relying
on a hybrid model that harnesses both the power of
fiat currency and the flexibility of cryptocurrency trading, BINKD aims to give buyers and sellers something different and provide them with a new and more robust option for trading these new forms of
payment: a decentralized exchange.
While consumers who use Abra's flagship
payment app can hold balances in local
fiat currencies (it's actually bitcoin, hedged with smart contracts), transfers between wallets ride
on bitcoin's rails, which know no borders.
By using ORI,
on websites using Origami
payment, ORI holders will get close to no fees, compared to
FIAT currencies or ETH / BTC.
EXMO international cryptocurrency exchange has integrated a new
payment instrument - Visa / MasterCard for instant depositing of the user's account
on the platform in
fiat funds without verification.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Ethereum Classic — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Basic Attention Token — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Dogecoin — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
Dash, a digital currency for
payments, has been listed
on QRYPTOS, a crypto only trading platform, and crypto -
fiat exchange QUOINEX, two trading platforms launched...
Niels Kerstholt of Bitpay, a
payment processing company facilitating transactions in Bitcoin to
fiat currency and vice versa, identified EiG as a perfect event to attend and educate the industry
on how accepting Bitcoin will simplify
payment processing.
Starting in Q2 2018, the Offer NOW platform will enable real estate buyer and buyer agents to instantly submit offers
on properties listed
on ShelterZoom affiliated websites for
payments in Ethereum, with additional crypto and
fiat currencies to be added soon after, according to the statement.
«Digital
fiat currency would certainly be influenced by [the] existing
payment system and information technologies, but it should be distinguished from [the] current
payment system so as to focus
on service delivery and play its role in replacing traditional currency.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Bitcoin — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
CarcoPAY will be based
on a contactless
payment card, which will be directly connected with the user's current Carco token status in his wallet and will allow real time conversion of Cryptocurrency to desired
fiat currency.
Digital currency for
payments Dash announced
on Thursday it has been listed
on QRYPTOS, a crypto - only trading platform, and crypto -
fiat exchange QUOINEX.
For many of those who purchased coins, cryptocurrencies represent not just a way to make money, but the future of
payment systems as we know them, not to mention a way to counter what these diehards often view as an overly powerful collection of central governments with the ability to have an outsized effect
on traditional
fiat currencies.
The technology can be deployed to create a contactless
payment card with the ability to settle transactions instantly and process
fiat currency transactions
on Blockchain.
Based
on the Ethereum blockchain and accessible from a smart phone / tablet, the Everex network allows everyone to request a microcredit and send a
payment (in
FIAT money: euro, dollars, etc.) to the world whole.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Bitcoin Gold — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Monero — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Dash — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Litecoin — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
We are excited to join other progressive vendors of online services in helping our customers break their dependency
on both big banks and
fiat currency by adding
payment by Ethereum — the only currency guaranteed by an international series of tubes — to the
payment methods we accept.
As one Redditor puts it, China is suffering from massive whale (people who have a lot of cryptocurrency) manipulation via fake news, exchanges have no official accounts or audits so all
fiat payments of citizens end up directly in the pockets of the site owners, with mere numbers simulating cryptocurrency ownership remaining
on screen, exchanges change their fees at will, they add or remove trading pairs as they see fit to manipulate the market or stop withdrawals, etc..
Allaire's
payments provider, once the darling of Blockchain investors, will instead focus
on using the Blockchain for
fiat money transfers.
A tweeter user tweeted «This is actually very good news, if the API allows being integrated as a
payment option
on any e-commerce then to pay in any currency we have
on our Coinbase account, including
fiat, it will really be a game changer.»
Our engineers are also working
on a robust (open source) application layer that can utilize a public Blockchain such as Bitcoin (or Ethereum), to issue securities and enable tradability within a particular niche of the financial markets, but more importantly execute DVP (Delivery Versus
Payment) settlement and coupon / dividend administration using
fiat currency.
Once you're
on the web site, select the currency (Litecoin LTC), enter the amount in U.S. dollars that you want to spend, select the mode of
payment (
fiat currency), and click
on the «Exchange» button.
While SyncFab has said that it may expand the use of the MFG token to replace the current
fiat currency
payments on the platform, this seems to be only speculation at this stage, especially considering that the token sale will probably finish far from its hardcap.
With the addition of
fiat storage and
payments alongside the existing bitcoin infrastructure, Circle is gradually making its mark
on the very definition of money.
Once the
payment is sent,
fiat currency is automatically converted to ADH based
on the current market rate.
An equivalent of $ 40 million in various
fiat currencies has been deposited
on European cryptocurrency exchange CEX.IO via Visa and MasterCard since buying digital currencies with
payment cards became available.
If it is used as a means of
payment, it would be treated like a currency, converted to
fiat at its fair market value as disclosed
on a cryptocurrency exchange and taxed as ordinary income.
While some store owners may be
on the forefront of cryptocurrency and be willing to accept it directly as
payment, unfortunately, many businesses have strict tax laws or oversights that force them to deal exclusively in
fiat currency.
-- an instantaneous
payment processor allowing vendors to instantly convert Litecoin transactions into
fiat currency — will launch
on February 28th.
The software uses distributed network technology
on Ethereum network so that anyone can exchange messages, manage cryptocurrencies, send and receive cryptocurrencies, exchange with
fiat, and make
payments in a brick and mortar store.
Waves»
fiat gateways are run by compliant gateway operators which are organizations (like
payment providers) thanks to which users can easily convert their
fiat currencies into tokens
on the Waves blockchain.
The cryptocurrency's dramatic price increase has largely been driven by the announcement that LitePay — an instantaneous
payment processor allowing vendors to instantly convert Litecoin transactions into
fiat currency — will launch
on February 28th.