Stablecoin Wars: Crypto Merchant Service BitPay Lists Paxos Standard

BitPay today expanded its stable of stablecoin offerings for merchant settlement to include the new Paxos Standard, the most heavily traded of the recently-launched group of “regulated stablecoins.” As CCN reported in October, BitPay has already added support for Circle’s USD Coin and Gemini’s GUSD. It has apparently decided not to support USDT — or The post Stablecoin Wars: Crypto Merchant Service BitPay Lists Paxos Standard appeared first on CCN

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South Korea’s Largest Cryptocurrency Exchange Partners BitPay for Remittance

Bithumb, South Korea’s largest cryptocurrency exchange, has partnered with major cryptocurrency payment processor BitPay to facilitate international remittance payments. US and South Korea Sonny Singh of Bitpay, the chief commercial officer at BitPay, stated that the company is on track to process $4 billion worth of transactions in 2018, and the team is focused on The post South Korea’s Largest Cryptocurrency Exchange Partners BitPay for Remittance appeared first on CCN

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Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive

The post Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive appeared first on CCN According to BitPay chief commercial officer, Sonny Singh, whenever Bitcoin’s price surges high or drops low, the situation is blown out of proportion. “You know every time there’s good news or bad news, the market tends to overreact. And now we are seeing an overreaction of the downward side”, Singh said in an interview with The post Bitcoin Will Be Back Up, Market Sell-Off an Overreaction: BitPay Executive appeared first on CCN

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