On April 16, Mastercard Senior Vice President Christian Lau stated that stablecoins have 'consolidated their key position in the digital asset ecosystem.' He also added that stablecoins can address the inefficiencies in real-time payments that traditional financial systems are still struggling to resolve.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Mastercard VP: Stablecoins Can Address Inefficiencies in Real-Time Payments of Traditional Financial Systems
-
Wechat scan to share
Recommended for you
-
Iran Reveals Details of Downing US C-130: Intelligence Coordination and Civil-Military Collaboration
On April 16, according to CCTV, Iranian Army Chief Hatami disclosed for the first time details of an ambush operation against US military forces in southern Isfahan province during a speech on the same day. Hatami stated that the Iranian intelligence department had made thorough preparations in advance, involving the military, Revolutionary Guards, police, militia, and local citizens, to create a 'surrounding situation against the enemy.' In the ambush operation, Iran's initial firepower successfully shot down a C-130 transport aircraft. According to a statement released by the Iranian Law Enforcement Command on April 5, a police special forces unit shot down a US C-130 transport aircraft in the southern region of Isfahan. -
Democrats on Senate Banking Committee Call for Delay of Walsh Hearing
On April 16, Democratic members of the U.S. Senate Banking Committee stated that the hearing for Federal Reserve Chairman nominee Kevin Walsh should be postponed. -
Anthropic Releases Latest Model OPUS 4.7
On April 16, Anthropic released its latest model, Claude OPUS 4.7. The capabilities of OPUS 4.7 are not as comprehensive as those of the Mythos preview version. The pricing for OPUS 4.7 remains unchanged from OPUS 4.6. -
BTC Drops Below $74,000
Market data shows that BTC has fallen below $74,000, currently priced at $73,989.92, with a 24-hour increase of 0.08%. The market is experiencing significant volatility, so please ensure proper risk management. -
WTI Crude Oil Surpasses $93 per Barrel
WTI crude oil has surpassed $93 per barrel, rising 1.71% during the day; Brent crude oil has increased by over 2.00% during the day, currently priced at $94.14 per barrel. (Jin Shi) -
ETH Falls Below $2300
Market data shows that ETH has fallen below $2300, currently priced at $2298.7, with a 24-hour decline of 0.98%. The market is experiencing significant fluctuations, so please ensure proper risk management. -
U.S. Stock Indices Turn Negative
On April 16, the Dow Jones Industrial Average fell by 0.07%, the S&P 500 dropped by 0.19%, and the Nasdaq Composite decreased by 0.50%. -
BTC Surpasses $75,000
Market data shows that BTC has surpassed $75,000, currently priced at $75,003.04, with a 24-hour increase of 0.85%. The market is experiencing significant volatility, so please ensure proper risk management. -
Drift Secures $147.5 Million in Funding from Tether for User Recovery
On April 16, Drift announced that the Drift Protocol has received support from Tether and other partners, with Tether contributing $127.5 million and other partners contributing $20 million to assist in user recovery following the attack on April 1. The support plan includes a $100 million revenue-linked credit line, ecosystem grants, and loans to market makers. Drift will establish a dedicated user recovery pool aimed at gradually addressing the $295 million in outstanding user losses as trading revenues increase. Additionally, Drift will issue independent recovery tokens to affected users, which represent a claim to the recovery pool and can be transferred. Drift is currently working on restarting the protocol and has hired Ottersec and Asymmetric for audits, while migrating the settlement layer from USDC to USDT. The previous attack resulted in the theft of approximately $295 million in assets, while the insurance fund's assets remained unaffected. -
TAO Falls Below $240
Market data shows that TAO has fallen below $240, currently priced at $239.9, with a 24-hour decline of 3.62%. The market is experiencing significant volatility, so please ensure proper risk management.
Daily Must-Read
-
From Lone Trading to AI Agents: OG Agent Ushers in the First Year of Web4.0 Financial Trading Large Models
-
From “Reading Signals” to “Owning a Financial Brain”: How the PINAgent-AI Upgrade Is Reshaping the Way Retail Users Make Money
-
US CPI comes in lower than expected, but April rate cut still unlikely
-
Hong Kong grants first stablecoin licences to Anchorpoint and HSBC
-
Holmez accepts Bitcoin for toll payment, how much can Iran earn?
-
Payment Physics — PayStill Captures the “Lost Surplus Value”
All Comments