“Fueling cross-border transactions with regulated stablecoins to represent fiat on-chain has never been done before,” said Borderless Capital CEO David Garcia.
Two former PayPal workers in business and technology have launched a cross-border payment system aimed at “faster, cheaper, and more transparent payments.”In an announcement today, fintech infrastructure firm Six Clovers said it had launched its RAPID network connecting banks, merchants, and payment providers, allowing clients to transact in digital currencies and fiat. Founded by former PayPal employees Jim Nguyen and Nas Kavian and backed by venture capital firm Borderless Capital, the network is built on the Algorand blockchain and employs the technology behind stablecoins to represent fiat.“Six Clovers is creating a bridge between traditional and decentralized finance, expanding access to the next generation of digital products and services,” said Algo
NEAR Price Prediction 2023: Can NEAR Protocol Show A Comeback?
1 The Near Protocol network crypto’s price is trading below major EMA’s. 2 The price of the NEAR…
