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Author: Charlotte
Global payment networks Stripe, Visa and Mastercard are close to introducing a new stablecoin platform, according to three people familiar with the plans.U.S.-listed cryptocurrency exchange Coinbase (COIN) is also looking into the possibility of participating in the stablecoin platform, one of the people said.Coinbase, Stripe and Visa declined to comment. Mastercard had not responded to requests for comment by publication time.Stablecoins, one of the busiest areas of crypto, have become a focal point for the large card networks and payments players. The total stablecoin market cap is about $325 billion, according to CoinGecko data. The market is dominated by Tether’s…
It has looked at 139 Ofsted ‘Outstanding-rated’ nursery catchments in England and discovered properties close by could command prices which were 67% higher than the broader council area surrounding them.In 37% of cases, families paid a considerable premium to live within walking distance.The average price increase was £77,926, a 16% uplift on the broader local authority price.And this, said Pepper Money, was adding around £456 to monthly mortgage repayments and requiring roughly £17,300 more in household income to pass a standard affordability check.Which areas have the highest nursery property premiums?According to Pepper Money’s analysis Chelsea is the priciest for parents…
White Wolf Hybrid Capital has completed a strategic investment in AccuCast, a supplier of waterworks infrastructure products, providing growth capital to support the company’s next phase of expansion and operational development. The investment was made in partnership with independent sponsor Investly Capital and is structured as hybrid capital, combining debt and preferred equity to finance both the acquisition of the business and future growth initiatives. Headquartered in Waco, Texas, AccuCast supplies critical infrastructure components used across municipal, commercial, industrial, and residential water systems. The company maintains a portfolio of more than 900 products, including manhole covers, valve boxes, meter boxes,…
When the U.S. last hosted the World Cup in 1994, the event drew unexpectedly large crowds. At that time, soccer wasn’t as popular among Americans as it is now, so expectations for attendance had been fairly low. So as the U.S. prepared to host the World Cup again in 2026, expectations for tourism were high. But in the run-up to this year’s World Cup, the ongoing war in Iran has resulted in soaring inflation and high fuel prices, neither of which bodes well for tourism or event attendance. Recent tourism reports indicate there will be fewer hotel reservations than anticipated…
Binance has announced the migration of its NFT service to Binance Wallet as part of an effort to deliver a more streamlined and integrated NFT experience with enhanced access to web3 and decentralized ecosystem features. Starting June 3, 2026, users who hold transferable NFTs on the Binance NFT platform will have a one-month window to transfer their assets to Binance Wallet or any compatible external wallet. The migration period will remain open until July 3, 2026. Following completion of the upgrade, the current NFT service on Binance Exchange will no longer be supported. Any transferable NFTs that are not withdrawn…
As private credit gains prominence among high-net-worth investors and family offices, the demand for investment solutions that combine attractive yields with periodic liquidity is also rising.Positioned at the intersection of traditional fixed income and private credit, Vivriti’s Short Term Debt Fund has sought to address this gap by offering investors access to private credit-like returns without locking up capital for extended periods.In this edition of ETMarkets AIF Talk, Priyam Kedia, Senior Portfolio Manager, Vivriti Asset Management., discusses the evolution of India’s private credit market, the growing role of domestic capital, how technology and AI are enhancing credit underwriting, and why…
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Baron Partners Retail (BPTRX Quick QuoteBPTRX – Free Report) has garnered renewed attention as investors revisit growth-oriented mutual funds amid a recovery in technology and innovation-driven stocks. Managed by Baron Capital, the fund is known for its concentrated portfolio, a strategy that has played a significant role in shaping its long-term performance.BPTRX posted exceptional gains during the late 2010s and early 2020s, benefiting from strong advances in several of its largest holdings. Over multiple long-term periods, the fund significantly outperformed broader market benchmarks, establishing itself as one of the more closely followed actively managed growth funds. However, its performance has also…
Stock market today: The benchmark stock market indices, NIFTY50 and SENSEX, ended lower after a subdued trading session on Wednesday, June 3, as investors booked massive profits in IT stocks amid the foreign investor outflows, a weaker rupee rate, and elevated oil prices in the market. Open FREE Demat Account within minutes!Join now After the trading session on Wednesday, the NIFTY50 index closed 0.33% or 77.95 points lower at 23,405.60 points, compared to 23,483.55 points at the previous market session, according to the NSE data. The BSE SENSEX index closed 0.41% or around 303 points lower at 74,346.17 points after…
Mastercard added $RLUSD stablecoin to its global settlement network on Wednesday, a big news for the $XRP community. Ripple’s stablecoin is now live alongside others such as $USDC and $PYUSD across Arbitrum, Ethereum, Solana, XRPL and other blockchains. Source link