Sentences with phrase «receive traditional fiat currencies»

Up till now, Circle had three main products: Circle Pay, a mobile app that allows users to hold, send, and receive traditional fiat currencies; Circle Trade, a liquidity provider of cryptocurrencies; and an upcoming mobile app dubbed Circle Invest that allows users to invest in cryptocurrency markets.

Not exact matches

For a digital fiat currency (DFC) to show vitality and supplement or even replace traditional currency, it has to be user friendly and well received by the public.

The traditional crypto exchanges operate very similarly to traditional equity exchanges — receive crypto and fiat currency like USD issuing IOUs in its place, redeem and allow exchange of IOUs and process the order book.

What helped the most was the fact that the vendors who received Litecoin payments received the money in actual traditional fiat currencies.

In cross-border transactions involving multiple currencies, the exchange of fiat currency to Lumen and vice-versa allows consumers and businesses to send and receive money across borders, faster and cheaper than traditional payment services.

After first launching a mobile payment platform in 2013 that let users send and receive bitcoin as well as traditional fiat currencies, it discontinued bitcoin transfers in December 2016.

Seeking to satisfy both traditional fiat currency and modern cryptocurrency users, the platform is going to implement a two - ways solution to receive donations.