ChainCatcher news, Tether announced that USDT on TON has been launched on the crypto payment app CityPay.CityPay completed over 2 million euros (approximately 2.17 million dollars) in seed round financing in August 2023, with participation from Tether and others. Tether announced an additional investment in CityPay in May 2024, with the specific investment amount undisclosed.

According to ChainCatcher news, the stablecoin TUSD has established a partnership with the crypto payment system ivendPay. Currently, TUSD has been added to ivendPay's payment options, providing greater accessibility and usability for TUSD users worldwide.It is reported that ivendPay is an international payment service provider with operations in seven countries and over three hundred active merchants.TrueUSD (TUSD) is the first stablecoin pegged to the US dollar, with on-chain real-time verification provided by independent third-party institutions. It is currently listed on over 100 trading platforms, including Binance and HTX, and circulates on more than a dozen major public chains such as Ethereum, TRON, Avalanche, and BNB Chain. TUSD is committed to promoting the development of crypto payments and has previously become an important payment method for projects such as the Web3 store UQUID, the cryptocurrency-friendly travel booking platform Travala.com, and the one-stop shop for crypto trading CryptoWallet.com.

ChainCatcher news, according to CoinDesk, Mastercard announced at the Money20/20 event in Las Vegas that the company has partnered with the cryptocurrency and NFT payment application MoonPay to explore how the blockchain-based Web3 world can connect with consumers and build loyalty. This collaboration enables MoonPay to leverage Mastercard's crypto credential system, which is a way to ensure transactions are trustworthy and compliant, and integrates payment technologies such as Mastercard Send and Click to Pay. Additionally, MoonPay's subsidiary Otherlife, which provides Web3 creative agency services, development, strategy, and experience services, will play a key role in this collaboration.

ChainCatcher news, according to Tech in Asia, Singapore-based crypto payment gateway Triple-A has completed a $10 million Series A funding round. Peak XV Partners and Shorooq Partners led the investment. Triple-A will use the new funds to further develop its product suite.Triple-A was founded in 2018 by fintech entrepreneur Eric Barbier, offering stablecoin and blockchain-based payments, with major supported tokens including USDT, USDC, Bitcoin, and Ethereum. Triple-A obtained a payment institution license from the Monetary Authority of Singapore in 2021.According to crypto data platform RootDat, Triple-A previously completed a $2.88 million funding round led by zVentures in June 2022.

ChainCatcher news, according to TechCrunch, the crypto payment startup Eco, which has received investment from a16z, has launched a non-custodial payment system called Beam.It is reported that Beam is built on the Optimism and Base networks and is based on smart contracts, dividing its access keys into three pathways: the user's Twitter account, a password set by the user, and the user's browser. Any two of these pathways can be used to reconstruct the original key. Additionally, Beam supports ENS domains and allows users to pay transfer fees in USDC when transferring USDC.As of now, Eco has raised a total of $95 million, with investors including a16z, Coinbase Ventures, Founders Fund, Lightspeed Venture Partners, and Pantera Capital.

ChainCatcher news, according to sources from The Information, internal team members including MoonPay co-founder and CEO Ivan Soto-Wright cashed out $150 million during the Series A funding round in November 2021.During the Series A funding round in 2021, MoonPay raised $555 million at a valuation of $3.4 billion, with investors including Tiger Global and Coatue participating. The significance of this deal goes far beyond what is visible on the surface. Part of the funds was used to purchase shares from existing shareholders, such as Ivan Soto-Wright.The source stated that MoonPay raised $405 million by selling shares to investors, with the remaining $150 million representing shares cashed out by internal personnel in secondary transactions. A few weeks after the Series A funding, Ivan Soto-Wright purchased a $38 million mansion in Miami. (source link)

ChainCatcher news, the decentralized trading platform Hashflow has announced the integration of the crypto payment platform Moonpay. Users can now purchase digital assets using debit/credit cards and trade on Hashflow, as well as transfer funds between over 160 crypto-friendly countries. (source link)

ChainCatcher news, the crypto payment platform TipLink based on the Solana blockchain, announced the completion of a $6 million seed round financing. This round was co-led by Sequoia Capital and Multicoin Capital, with participation from Solana Ventures, Circle Ventures, Paxos, and others, including angel investors such as Vinny Lingham and Sarah Guo. TipLink plans to continue building its link wallet feature, improve its API, and expand its engineering and business development teams.TipLink allows users to send cryptocurrencies, stablecoins, and NFTs via links. The sender must connect to a Solana wallet and create a TipLink by depositing the tokens or NFTs they wish to send. They can then copy the TipLink URL or generate a QR code and send it to anyone. The recipient does not need to have a crypto wallet and can even log in via Gmail to receive tokens. With its newly launched API, TipLink allows developers and companies to store digital assets and create TipLinks for their users. (Source link)

ChainCatcher news, cross-chain crypto payment platform SphereOne announced the completion of a new funding round of $2.5 million, led by Distributed Global, with participation from Newark Venture Partners, Zero Knowledge, angel investor Leore Avidar, and Eric Feldman from Bolt.com.It is reported that SphereOne helps users process purchase transactions using any cryptocurrency on any blockchain, assisting merchants in increasing conversion rates and retaining customers. The platform prioritizes the immediacy and functionality of transactions, with features including one-click checkout and cryptocurrency exchange. (Source link)

Chain Catcher news, the Mexican crypto exchange Bitso will launch a QR code crypto payment tool in its wallet app on September 27. This feature allows shoppers in Argentina to use cryptocurrencies for payments at supermarkets and restaurants across the country, such as stablecoins pegged to the dollar, Dai, Ether, Bitcoin, and other cryptocurrencies. (The Block)