b2b

According to the latest report jointly released by Artemis and Stablecon, the scale of business-to-business (B2B) stablecoin payments is expected to grow by over 730% year-on-year by 2025, with the total stablecoin payment amount soaring to $390 billion for the year, more than doubling compared to 2024, of which B2B transactions account for about 60%. Meanwhile, stablecoin transactions linked to bank cards have increased by 840% year-on-year.In terms of cross-border payments, the United States is the largest recipient of stablecoin inflows, receiving nearly $127 billion monthly; China ranks second with an average of about $71 billion per month; Hong Kong ranks third with nearly $51 billion.Artemis data scientist Andrew Van Aken pointed out that countries with the highest usage of stablecoins are often the largest in terms of payment volume, and developed economies are also actively seeking innovative payment methods. B2B adoption is primarily concentrated among small and medium-sized enterprises, driven by the need to shorten cross-border payment times and bypass the cumbersome processes of traditional banks.

ChainCatcher news, according to The Fintech Times, the European crypto platform Bitpanda announced its launch in the UK, offering local users trading of over 600 crypto assets, and simultaneously launching its B2B infrastructure service Bitpanda Technology Solutions, which supports financial institutions in integrating crypto products through white-label solutions. In addition, Bitpanda appointed Pantelis Kotopoulos as the head of the UK region and reached a global partnership with Arsenal Football Club.

ChainCatcher news, according to FF News, the blockchain-driven B2B payment startup Next Generation announced the completion of a $5 million seed round financing, with participation from two companies in Cyprus, one Austrian company, and an international investor consortium. Specific details about the investors have not been disclosed. This round of financing will accelerate the launch of the company's B2B payment ecosystem, which aims to connect traditional finance and digital finance through its proprietary MiCA-compliant, euro-pegged stablecoin.

ChainCatcher news, according to Forbes, the B2B product management platform Index announced the completion of a AUD 3.5 million seed round financing, led by Blackbird and Bain Capital Ventures, with participation from BOND, Y Combinator, and others. Since its official launch two months ago, the platform has attracted well-known companies such as Ramp, Uniswap, Clerk, and Semgrep to join the waitlist.

ChainCatcher news, according to CoinDesk, payment giant Mastercard (MA) has integrated its blockchain-based tokenized asset transfer system Multi-Token Network (MTN) with JPMorgan's recently renamed digital asset business Kinexys (formerly known as Onyx). This collaboration aims to enhance B2B cross-border payments, "providing greater transparency and faster settlement speeds while reducing time zone friction."Tokenized foreign exchange is an attractive subset of the real-world asset trend based on blockchain, which has been firmly embraced by traditional finance as it offers an almost real-time, always-online way to avoid cross-border gaps and pain points. The two companies stated in a joint announcement that by integrating Mastercard MTN with Kinexys digital payment connectivity, MTN and Kinexys' mutual clients will be able to settle B2B transactions through a single API.

ChainCatcher News, Patrick Collison, CEO of the American payment giant Stripe, announced on the X platform that Stripe has launched a feature for B2B payments using stablecoins.Currently, users can create and send invoices that can be paid with available stablecoins on Stripe. Last month, when Stripe launched the "Pay with Cryptocurrency" feature, one of the strongest user demands was to improve the B2B payment experience. With the support of the invoicing feature, this demand has now been met.

ChainCatcher news, venture capital firm AgileGTM announced the establishment of its first $10 million B2B blockchain accelerator fund, which is regulated in the British Virgin Islands. The fund will invest in pre-seed stage companies, focusing on B2B use cases and institutional adoption of blockchain technology. Projects included in its portfolio will participate in the GTM accelerator program implemented in Lisbon, Portugal.

ChainCatcher news, the currency infrastructure B2B trading and compliance market AbbeyCross announced the completion of a new round of financing of $6.5 million, led by Valar Ventures, with participation from BNY Mellon, Third Prime, and Gaingels.Third Prime previously led a $2.47 million seed round financing for the company in August 2022. It is reported that AbbeyCross plans to use this latest funding to further develop and deploy its ABX Sync innovative platform.

ChainCatcher news, the B2B technology company Almond FinTech, which connects fiat and digital currencies, announced the completion of a $7 million financing, with specific investors not yet disclosed.Almond's Settlement Optimization Engine (SOE) tracks multiple digital currencies and blockchains to determine international transfer routes, ensuring low costs and high availability.

ChainCatcher news, the initiator of EIP-3475 Debond Protocol OU has been renamed to Desmo Labs, which will provide B2B transaction services for users through decentralized tokenization and decentralized identity solutions.It is reported that Debond Protocol OU has built a decentralized bond ecological platform D/Bond and proposed the ERC-3475 standard, which was approved in August 2022 and can be used to issue bonds on Ethereum. (source link)

ChainCatcher news, according to Cointelegraph, traditional finance and payment giants JPMorgan and Visa are teaming up to simplify the use of their private blockchain solutions Liink and B2B Connect to facilitate cross-border payments.It is reported that Liink is a network designed specifically for cross-border transfers, provided by the bank's blockchain and payments program Onyx. B2B Connect is a similar network built specifically for institutional use. (Source link)