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14:12
Cryptocurrencies Go Mainstream: Four out of Ten US Merchants Accept Digital Assets
According to a report by Bijie Network: A recent study jointly released by the National Cryptocurrency Association of America (NCAA) and PayPal shows that 39% of merchants in the United States currently accept cryptocurrency payments, and 84% of merchants believe that cryptocurrency payments will become widespread within five years. This shift is mainly driven by customer demand, with 88% of merchants stating they have received related inquiries, and 69% reporting that customers express interest in this every month. Large enterprises are leading in the adoption of cryptocurrency payments, with a penetration rate of 50%. For merchants that accept cryptocurrency payments, crypto transactions account for 26% of total sales, and 72% of these merchants reported an increase in cryptocurrency sales over the past year. Merchants generally believe that the main advantages of cryptocurrency payments include faster transaction speeds (45%) and easier access to new customers (45%).
14:12
Theo introduces yield-bearing gold on-chain through a regulated tokenized fund structure.
According to CoinWorld, Theo has launched thGOLD, a yield-generating tokenized gold product based on FundBridge Capital's MG999 tokenized fund, with technical support provided by Standard Chartered Bank's Libeara. Unlike traditional gold, thGOLD generates returns by providing secured loans to retailers such as Mustafa Gold, while also offering opportunities linked to the London Bullion Market Association (LBMA) gold price. The token will be traded on major DeFi platforms, aiming to transform gold from a negative-yielding asset into an efficient and composable financial instrument.
14:12
Mesh completes $75 million Series C funding round, reaching a $1 billion valuation, aiming to build a universal crypto payment network.
According to a report by Bijie Network: Leading crypto payment network Mesh has raised $75 million in a Series C funding round led by Dragonfly Capital, bringing its valuation to $1 billion. Other investors in this round include Paradigm and a certain exchange, bringing Mesh's total funding to over $200 million. The company plans to use these funds to expand into the Latin American, Asian, and European markets, and to develop its unified payment network, aiming to connect fragmented crypto markets and bypass the slow and costly processes of traditional financial settlements.
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