Blockchain for Banking News

Worldpay plans to operate public blockchain nodes as stablecoin volumes grow

Payments platform Worldpay reported that it processed $1.3 billion in stablecoin payments so far this year, compared to $1 billion for the whole of 2023. That’s still a tiny proportion of the $2.3 trillion in processes annually. During 2022 Worldpay started allowing merchants to receive their funds from Worldpay using the USDC stablecoin.

The company is exploring operating validator nodes on various blockchains. That’s according to Sanchit Mall, the web3 and crypto lead for the company in the Asia-Pacific, talking to Bloomberg.

Bloomberg claimed this would be the first time the company will become a blockchain validator.

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