Search results for Colombia
Crypto
Tether invests in Bolivia fintech Peso to expand USDT payment infrastructure
Tether has made a pre-seed investment in Bolivian fintech Peso to expand USDT-based payment infrastructure. The funds will be used to widen Peso’s USDT payment network in Bolivia and extend it to Brazil, Colombia and Argentina, although the investment size was not disclosed. Peso links stablecoin payments to local commerce and banking systems and has integrated USDT payments with food delivery service Yango in Bolivia.
Finance
Who makes money when paying with a stablecoin card? The hidden revenue structure
Stablecoin cards let users pay in digital dollars while merchants receive local currency through existing payment rails. Companies involved earn mainly from payment fees, with additional revenue possible from FX conversion, settlement funding and subscriptions, though traditional operating costs remain. Interchange fees are a key source, but costs for processing, fraud prevention and compliance reduce returns. Cashback, fee caps and FX spreads can also erode profitability.
Crypto
Stablecoin remittance costs 84 percent lower than traditional transfers
A study found that stablecoin-based remittances cost about 84 percent less than traditional overseas transfers. Borderless reported that sending $200 cost $2 via stablecoin networks, versus $12.72 through conventional channels. The comparison used Borderless’ 2026 third-quarter pricing and World Bank data for the same period in 2025. Costs were also lower in Sub-Saharan Africa and Latin America. Stablecoin payments settled within minutes via local networks, while SWIFT typically settled the next business day.
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Telecommunications & Media
Spotify expands audiobooks to 180 markets, including South Korea
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Crypto
Venezuela crypto activity doubles in a year, fastest growth in Latin America
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Crypto
World rolls out \'World Money\' finance super app in about 150 countries; features vary by country
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AI & Enterprise
Asteromorph AI model posts gold medal-level score at International Physics Olympiad
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AI & Enterprise
Amazon analysis finds 63% of religion and faith books suspected of being AI-written
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Crypto
Stablecoin payments are not just about sending funds; key is local currency and FX settlement
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Mobility
Tesla Q2 revenue rises but profitability worsens; Cybercab, Semi timelines slip
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Industry
South Korea\'s physics prodigies sweep gold with clean medal haul at international Olympiad
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Education
South Korea science Olympiad team of 43 holds send-off ceremony ahead of July competitions
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Crypto
Bitso expands cooperation with Ripple, launches peso-pegged stablecoin MXNB on XRP Ledger
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Crypto
Tether-backed Orbit expands cryptocurrency payments platform to Colombia
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Telecommunications & Media
Netflix to expand ad placements, introduce vertical ad format in 2027
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Crypto
Warren questions Meta on stablecoin payment push, citing lack of transparency
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Crypto
Bitwise says stablecoins could become a $4 trillion market by 2030 backed by big tech
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Crypto
Colombian president proposes Caribbean coast bitcoin mining hub powered by renewable energy