Search results for Krak
Crypto
Stablecoin payment card volume tops $1 billion in August, hits records for volume, transactions and users
Stablecoin-based crypto payment cards hit monthly records in August for transaction value, number of payments and users. Payment volume reached $1.076 billion, marking a second straight month above $1 billion. Payments totalled about 10.67 million and active addresses rose to more than 283,000. RedotPay led by value and transactions. Growth was notable in emerging markets, while activity remained concentrated in a few programs and the overall market stayed small.
Crypto
Kraken launches cryptocurrency payment card in UK and Europe with up to 2 percent cashback
Cryptocurrency exchange Kraken has begun issuing debit cards for users in Britain and the European Economic Area. Users can spend cryptocurrencies and cash held in their Kraken accounts, with payments running on the Mastercard network and conversions available for more than 600 currencies at purchase. Kraken says it does not charge its own payment or ATM fees. Cashback of up to 2 percent depends on average balances and is paid weekly in bitcoin, euros or pounds.
Crypto
Kraken teams up with MoneyGram to expand crypto cash withdrawals, supporting over 100 countries
Crypto exchange Kraken will launch a service with global remittance company MoneyGram that allows users to convert cryptocurrency into local currency and withdraw cash through MoneyGram’s offline network. The service will start in the United States and expand to parts of Europe, Latin America, Africa and Asia-Pacific. The partnership covers more than 100 countries and supports hundreds of local currencies. Kraken is also preparing for an IPO.