Centi processes 1 million stablecoin transactions in just 24 hours
Centi AG has set a new record, processing 1 million financial transactions in 24 hours, each consisting of microtransactions worth 1 cent in Centi's stablecoin token.
Centi AG has set a new record, processing 1 million financial transactions in 24 hours, each consisting of microtransactions worth 1 cent in Centi's stablecoin token.
Centi AG has processed over 1 million micropayments within 24 hours, with each payment valued at 1 cent, utilizing its proprietary stablecoin tokens on a public blockchain.
Digital assets came of age in 2023, moving beyond speculation and impacting remittances and payments as regulators started getting a grip on the industry.
Centi's deal was led by Archblock and Bloomhaus Ventures, with the investors saying they were on board with Centi's vision of fintech innovation and world financial inclusion.
Centi is poised for global expansion following the completion of its seed financing round, a feat that would help promote financial inclusion and revolutionize the global payments industry.
On this episode of CoinGeek Conversations, Bernhard Müller details the process behind the Centi franc, explaining that for every token issued, the bank provides an equivalent amount of money as a guarantee in the event that Centi defaults.
Centi partnered with Centbee to power remittances from Switzerland to African countries, and combined with the all-new Centi stablecoin, it could be a game-changer.
In one of the biggest announcements at the London Blockchain Conference, it was revealed that Centbee users can receive remittances through Centi stablecoin.
A panel on "stablecoins and digital currency" at the London Blockchain Conference 2023 saw three industry insiders share their two cents on the controversial topic of stablecoins.
Spotlight On sessions at LBC2023 showcased the best blockchain applications being deployed right now, and the audience bore witness to the theory of blockchain put into practice.
The latest partnership between Centi and digital cash wallet Centbee seeks to make remittance services from Switzerland to Africa more cost-effective and inclusive through blockchain technology.
In this episode of the CoinGeek Weekly Livestream, Kurt Wuckert Jr. recapped some of the best moments of Season 3 with guests who have made massive contributions in the digital asset space.