Accodring to a Deloitte survey, polled with 2,000 executives across different retail organizations in the US, 75% said they plan to accept crypto or stablecoin payments within the next two years, The Daily Hodl reports.
More than 50% of the responding large retailers (with revenues of $500 million and up) have already invested more than $1 million in the service of enabling digital asset payments.
In a statement, Deloitte said:
Our survey confirms the direction and strength of the trajectory toward broad adoption of digital currency payment solutions across US retail organizations. Respondents understand the value and benefits of such capability and have taken steps toward enablement.
You can read the full report here.
Visa has launched its first crypto cards in Brazil and Argentina, cryptonews.com reports. In a statement, the company explained that the move “includes recently launched cryptocurrency card programs and partnerships” with fintech providers crypto exchange startups in the region.
Romina Seltzer, the Senior Vice President of Products and Innovation of Visa Latin America and the Caribbean, said:
The cryptocurrency ecosystem continues to gain momentum in this region with increased investment, more consumer adoption, and more crypto-enabled usage cases. We will continue to build on our strategy to develop the future of crypto and payments for our customers, clients, partners, and consumers.
The report added that Visa is looking to develop card issuance projects in other Latin American nations, including Mexico, Colombia, and Peru.
According to a survey conducted by Bank of America (BAC) with1,000 people, 90% of respondents are preparing to buy cryptocurrencies within the next six months.
The survey confirms that the faith in cryptocurrencies has not faded, despite the negative sentiment and market trends.
In an interview with CNBC, Jason Kupferberg, an analyst for Bank of America, said:
The results show a positive sentiment towards cryptocurrencies on the part of investors.
Watch the full interview.
Al Jalila Foundation, a nonprofit healthcare organisation in the United Arab Emirates, today announced that it has been granted approval to receive charitable donations in cryptocurrencies, making it the first healthcare charity in the UAE to accept donations in digital money.
Dr Abdulkareem Sultan Al Olama, CEO of Al Jalila Foundation, said:
As a philanthropic organisation we rely on charitable donations and we are always seeking innovative ways to expand our donation channels for ease of convenience for donors from all around the world to support our programmes. Therefore, as an emerging source of fundraising, providing the opportunity to the growing number of crypto users around the world to donate to Al Jalila Foundation to causes that interest them is a win-win for us as a foundation and the donor community. We are proud to be the first healthcare charity in the UAE to accept donations in cryptocurrencies bridging the gap between physical and digital currency.
DTTcoins today announced that Terra's Lune 2.0 is now listed on DTTcoins Exchange platform.
DTTcoins clients can start trading LUNA/USDT with guaranteed best bid/offer prices through DTTcoins Aggreagator.
In an interview with Al Roeya newspaper, DAMAC properties COO, Ali Sajwani, revealed that the property giant has completed cryptocurrency deals worth $50 million since the beginning of the year.
Sajwani commented that by accepting either bitcoin or ethereum as payment, DAMAC has shown the extent to which his company will go in order for it to benefit from the most advanced technology solutions.
“The payment process is made through a trusted financial intermediary approved by the Abu Dhabi Global Market, where the customer pays the value of the property in bitcoin or ethereum, as they are among the most traded digital currencies in terms of safety and trust, and then the financial intermediary transfers the amount to our digital wallet in dirhams or dollars.”
