Odaily星球日报讯 支付巨头 Visa 宣布与新加坡加密支付提供商 dtcpay 合作推出 Crypto-to-fiat Card，据悉该卡主要面向超高净值（UHNW）个人，支持用户使用实时汇率将稳定币等加密货币转换为法定货币，后续或将拓展到商户端，据悉该卡拟于今年第四季度开放公开注册。（economywatch）

Visa与新加坡dtcpay合作推出加密货币/法币兑换卡

Odaily Odaily Payment giant Visa announced that it has partnered with Singapore&#39;s crypto payment provider dtcpay to launch a Crypto-to-fiat Card. It is reported that the card is mainly aimed at ultra-high net worth (UHNW) individuals, supporting users to convert cryptocurrencies such as stablecoins into legal tender using real-time exchange rates. It may be expanded to the merchant side in the future. It is reported that the card is planned to be open for public registration in the fourth quarter of this year. (economywatch)

Visa and Singapore’s dtcpay partner to launch cryptocurrency/fiat exchange card

Original Author: He Hao, Wall Street Insights

On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.

World Liberty Financial is targeting a share of the trillion-dollar global foreign exchange market, the world’s largest and most liquid financial sector.
The crypto venture associated with the Trump f...

Trump-backed World Liberty plans to launch World Swap forex platform

Author: The Economist
Compiled by: TechFlow TechFlow
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TechFlow Dive: Despite Bitcoin's price remaining above $70,000, the crypto market is experiencing an unprecedented "lonely winter." This article delves into the differences between this decline and previous ones: the chain reaction of leveraged liquidations, the fact that once-promising ETFs have now become drivers of price drops, and the most...