Shift4 Payments has partnered with Lydian to integrate Tether's USDT stablecoin into its Pay with Crypto solution, allowing customers to pay with crypto wallets while merchants receive fiat currency instantly. This upgrade means merchants can accept USDT without new hardware or crypto knowledge, with automatic conversion to local currency at the point of sale. The service is available across the US except New York due to regulatory reasons. This move enhances Shift4's crypto offerings by simplifying merchant adoption and could influence stablecoin usage despite regulatory uncertainties.
The RiverNorth Opportunities Fund (RIV) provides a high yield of 13.48% by investing tactically in closed-end funds, SPACs, BDCs, and ETFs. Its largest allocation to special purpose acquisition companies (SPACs) adds diversification but also increase...
Pendle has upgraded Bungee Exchange to version 3, enabling users to swap tokens across different blockchains into Pendle's principal tokens (PT) and yield tokens (YT) with a single click and no need to hold native gas tokens on the destination chain....
Sodexo reported a 2% increase in organic revenue for Q3, surpassing expectations with strong growth in the Rest of World segment at 10.6% and stable commercial trends. The company raised its full-year sales growth forecast to between 1.2% and 1.5%, a...
After weeks of $1.67 billion in outflows from US spot Bitcoin ETFs, $86 million flowed back in on June 12, driven mainly by BlackRock's iShares Bitcoin Trust (IBIT) which accounted for nearly two-thirds of the inflow. IBIT alone attracted about $57.7...
American Bitcoin Corp., a Bitcoin mining and treasury firm partly owned by Eric Trump, saw its stock plunge 97% from $217 to $5.98, erasing about $600 million of Eric Trump's stake. The sharp decline forced a 1-for-5 reverse stock split to maintain N...
