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Vulnerable Consumers Concerned About. Job Security as Confidence Wanes Kraken Debuts Instant Crypto Payments Offering Kraken Pay The Business of Aging: How AI Is Reshaping Long-Term Care Economics Moove Acquires Kovi to philippines mobile database Expand Rideshare Operations in Latin America See More In: COnference Board, consumer confidence, Consumer Confidence Index, consumer insights, economy, Featured News, inflation, Interest Rates, jobs, labor, News, paycheck-to-paycheck, PYMNTS News, RecessionKraken Debuts Instant Crypto Payments Offering Kraken PayBy PYMNTS | January , | Cryptocurrency exchange Kraken now lets users make payments with their accounts.
Kraken Pay allows users to choose the crypto
or fiat currency in their accounts that they want to send and transmit that payment instantly, according to a Wednesday Jan. company blog post.The process takes seconds and is free, the post said. Better yet, if you only have bitcoin ebrate achievements that promote but your friend only wants Swiss francs, Kraken will manage both the asset conversion and settlement transfer in one step.
This means all you have to do is choose an asset
from your account and then. Choose which asset your friend wants to receive. Payments are sent via a pay link, a URL that can be sent over any. C messaging service, per the post. The recipient clicks on the link to accept payment. If your friend or family member doesn’t have a Kraken account, you can still send them a broad range of fiat and cryp toassets using a pay link, the post said
All they need to do is set up a Kraken bulgaria business directory account after clicking on the pay link. J and with a couple easy steps, they can claim the funds. The announcement came amid a changing crypto landscape brought on by the second term of President Donald Trump. Among Trump’s first actions after his inauguration Jan. was the establishment of a working group focused on coming up with a national regulatory framework for digital assets.
For years, the payments industry has grappled
with a patchwork of state and federal regulations, creating uncertainty for innovators and investors alike, PYMNTS wrote Jan. A unified framework could alleviate these challenges, making it easier for payment providers to navigate compliance and scale their operations.Stablecoins could play a key role in transforming cross-border payments, that report said. By doing away with the need for intermediaries, stablecoins cut down on transaction costs and offer real-time settlement.