Blockchain Press Releases
Orbital Unveils New Stablecoin Payments Dashboard with Cutting-Edge Consumer Payment Insights
LONDON, TALLINN, Estonia and GIBRALTAR, Dec. 2, 2024 /PRNewswire/ — Orbital, a multi-licensed leader in traditional and blockchain-based payment solutions, proudly announces the launch of its new Stablecoin Payments Dashboard, a first-of-its-kind tool providing unprecedented insights into stablecoin payment trends across innovative metrics.
As stablecoins see explosive growth in payment use cases—ranging from peer-to-peer transactions and online merchant payments to cross-border B2B payments and corporate treasury solutions—Orbital has identified a critical need for comprehensive data to quantify their adoption for consumer-sized payments.
“Stablecoins are transforming global commerce, but businesses lack clarity on how to leverage them effectively for consumer payments,” said Luke Wingfield Digby, Co-Founder of Orbital and head of the company’s dedicated research team. “Our new dashboard fills this gap, providing actionable insights on which tokens, blockchains, and exchanges are driving consumer adoption in this fast-evolving space.”
Key Insights from the Dashboard
Orbital’s Stablecoin Payments Dashboard offers a novel view into stablecoin consumer payment trends:
- Continued Growth Across Market Cycles: Adoption of stablecoins for consumer payments has steadily increased, demonstrating resilience through crypto market fluctuations and a strong product-market fit for payments.
- Token Dominance: Tether’s USDT leads with over 90% of stablecoin transactions for consumer payments, underscoring its continued preference among users.
- Blockchain Preferences: TRON is the market leader in terms of being the blockchain of choice for consumer payments, holding 44% market share. Binance Smart Chain (37%), Polygon (4.5%), and Solana (3.3%) follow, with all other blockchains combined making up the remaining 11%.
- Payment Wallets: Consumers overwhelmingly favour making stablecoin payments from exchange accounts (66% share) rather than self-hosted wallets (34% share). Binance is the clear lead, with OKX the runner up, and then a very long tail of exchanges with tiny market share beyond that.
- Regional Trends: The EMEA region emerges as a hotspot for consumer stablecoin payments, with activity peaks corresponding to populous countries such as Turkey, Nigeria, India, and Pakistan.
Methodology Behind the Dashboard
The Orbital Stablecoin Payments Dashboard tracks stablecoin adoption for the “payments” use case by analysing consumer-size transactions (up to $10,000). Partnering with blockchain analytics leader Artemis.xyz, the dashboard focuses on filtering out unrelated activity like DeFi and speculative trades, ensuring accurate insights into payment trends.
In addition to on-chain data, Orbital plans to integrate additional data sources for a holistic view of stablecoin usage across industries and regions. This methodology empowers businesses with actionable insights into stablecoin payment behaviours.
Empowering Businesses in a Stablecoin Era
The dashboard equips businesses with the intelligence they need to decide which tokens and blockchains to support for accepting crypto and moving money cross-border, ensuring they remain at the forefront of consumer payment stablecoin adoption trends. It also provides insights into consumer behaviour, helping businesses adapt their payment strategies for a rapidly evolving digital payments landscape.
About Orbital
Orbital is a multi-licensed group with offices in the UK, EU, and beyond, delivering traditional and crypto payments powered by blockchain and stablecoins. Established in 2017, Orbital holds licences in three jurisdictions enabling it to provide an all-in-one global payments platform offering pay-ins, payouts, conversion, global accounts in both traditional and cryptocurrencies, and a crypto payment gateway for businesses.
Orbital allows businesses to operate globally without the hassle of time-consuming and expensive cross-border payments. With a strong focus on regulation, compliance, and top-tier security measures, Orbital is a trusted provider of innovative cross-border payments and stablecoin solutions. Backed by a team of experienced fintech professionals, the company enables modern payment rails for businesses worldwide.
Important
Pay Perform OÜ and Pay Perform Digital Limited are not registered as crypto asset service providers by the Financial Conduct Authority and therefore their services pertaining to crypto assets are not available in the UK. Orbital’s crypto-related services are directed and intended for qualifying non-retail persons outside the UK.
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View original content:https://www.prnewswire.co.uk/news-releases/orbital-unveils-new-stablecoin-payments-dashboard-with-cutting-edge-consumer-payment-insights-302319652.html
Blockchain Press Releases
Bybit Joins AI Coin Revolution with AI16Z Listing
DUBAI, UAE, Jan. 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has added the trending Solana-based AI token, AI16Z, to Bybit Spot on Jan. 6, 2025. The official listing came on the heels of AI16Z’s success on ByVotes, and was followed by a 24-hour gain of 47% after listing on Bybit.
AI16Z was the first ByVotes project to have garnered vast community support for Spot Listing on Bybit in 2025. Since the revamp of the platform, ByVotes has attracted a wave of quality projects from the niche to the high profile. Under the new mechanisms, the Bybit community now has a direct impact on choosing projects for listing on the exchange by casting their votes of confidence via ByVotes. A number of fan favorites made their mark on ByVotes in the past year, including AI-themed LUNAI with a record number of 512 million votes, and other iconic memecoins such as CHILLGUY, LUCE, NEIROCTO, and HPOS10I.
Users may still unlock exclusive rewards trading AI16Z on Bybit Spot in two events: Token Splash and Puzzle Hunt, each with a 50,000 AI16Z prize pool. The token attracted over 72,000 Bybit users in the pre-listing round of community votes on ByVotes, and received some 300,000,000 votes in the two-day voting period.
AI16Z on Bybit Spot
Bybit users have the opportunities to get more out of their AI16Z trades on Bybit:
- AI16Z Token Splash: the newly listed token comes with a 50,000 AI16Z prize pool for both new and seasoned traders. From now to Jan. 20, 2025, the first 3,500 eligible new users to successfully complete two simple tasks will receive 10 AI16Z each. In addition, existing users stand to earn up to 1,000 AI16Z by trading the token.
- AI16Z Puzzle Hunt: A new puzzle hunt for 50,000 AI16Z has kicked off on Bybit. From now to Jan. 21, Bybit users may earn or exchange puzzle pieces for a chance to win from the lucky draw, and the luckiest first 200 users to complete the entire puzzle will get to claim 50 AI16Z.
Registration is required for both events, terms and conditions apply. AI16Z are also available for trades via Bybit Spot Grid Bots.
Since Dec. 25, 2024, the native token of the world’s first investment DAO led by AI agents has doubled in market cap after the listing, well past the $2 billion mark as of this week. Leading the way as blockchain’s decentralized answer to traditional VC, the DAO fuses AI’s advanced power with crypto’s meme culture to raise the bar for intelligent decentralized governance. Powered by the Eliza Framework, the face of the ai16z is AI Marc who is a brainchild of Marc Andreessen.
#Bybit / #TheCryptoArk
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-joins-ai-coin-revolution-with-ai16z-listing-302344710.html
Blockchain Press Releases
Get Ready for Bybit’s ‘Keynote with Ben’ Livestream: Unveiling 2025 Vision and Exclusive Prize Pool
DUBAI, UAE, Jan. 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is gearing up to captivate audiences with its highly anticipated livestream event, Keynote with Ben: In the Driving Seat to the Moon — Beat the Unknown. The event promises to spotlight Bybit’s remarkable journey, its vision for 2025 and beyond, and a series of groundbreaking innovations that redefine the digital finance landscape.
Scheduled for Jan. 21, 2025, at 8 a.m. UTC, the livestream will feature Bybit’s CEO Ben Zhou delivering insights into the future of Web3, Bybit’s ecosystem expansion, and pioneering advancements in wealth management. With a commitment to shaping the next era of decentralized finance, Bybit aims to inspire and inform both its loyal community and newcomers alike.
Exciting Rewards Await
In conjunction with the keynote, Bybit is launching an exclusive campaign running from now to Jan. 21, 2025. Participants have the opportunity to win a share from a generous 5,250 prize pool in combined rewards, including tokens and P2P coupons. The rewards will be distributed through various activities:
- New User Exclusive: New users who sign up and subscribe to the event early can claim a 5 USDT reward on top of Bybit’s 20 USDT sign-up bonus. This offer is limited to the first 150 participants.
- Spread the Word: By sharing the livestream link on social media and submitting proof of their posts, 100 lucky participants will receive a 5 USDT spot airdrop.
- Trade and Win During the Livestream: Participants who trade at least 50 USDT during the livestream can share a 3,300 CHILLGUY prize pool, while new users depositing 100 USDT or more will compete for a 200 GRASS token prize pool.
- Ask and Earn: By submitting thought-provoking questions through the livestream page, 25 standout participants will win 20 USDT P2P coupons, sharing a total prize of $500.
Unveiling a Bullish Vision
Bybit’s 2025 roadmap includes ambitious milestones and transformative strategies designed to empower its users in the evolving Web3 ecosystem. Attendees of the keynote can expect firsthand insights into the company’s accomplishments and its forward-looking initiatives.
The keynote will feature a retrospective on Bybit’s significant milestones achieved in 2024, the unveiling of new ecosystem expansions, and an exploration of cutting-edge Web3 innovations. Additionally, attendees can look forward to announcements about advanced wealth management solutions designed to empower users in a decentralized future.
Bybit invites its community and beyond to join this milestone event, where vision meets action, and opportunities for rewards are plentiful. While the livestream is sure to inspire, the accompanying campaign ensures tangible benefits for those participating in Bybit’s ongoing journey to the moon.
#Bybit / #TheCryptoArk / #BybitLivestream
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/get-ready-for-bybits-keynote-with-ben-livestream-unveiling-2025-vision-and-exclusive-prize-pool-302344463.html
Blockchain Press Releases
TONCASH Secures Strategic Investment from TON Ventures to Scale Crypto Cashback Platform
The investment will enable TONCASH to accelerate the onboarding of millions of users to its innovative crypto cashback platform and build the Web3 standard for best-price shopping.
HONG KONG, Jan. 7, 2025 /PRNewswire/ — TONCASH, the Telegram-native crypto cashback and rewards platform, has received a strategic investment from TON Ventures, the flagship venture fund of The Open Network (TON). The strategic investment will accelerate TONCASH’s mission to onboard millions of users and become the Web3 standard for best-price shopping and on-chain rewards.
Ben Usinger, CEO and Co-Founder of TONCASH, commented: “This investment deepens our collaboration with Telegram and The Open Network, empowering us to deliver the best online shopping and rewards experience for the Web3 audience. With TON Ventures’ strategic support, we’re driving the adoption of on-chain payments, engaging millions of users through innovative cashback mechanics and redefining how brands connect with customers in the Web3 space.”
Since launching its Telegram Mini App in November 2024, TONCASH has gained over 200,000 users and a large following on social media, underscoring its product-market fit and rapid growth potential.
TONCASH users enjoy deals from over 200 top brands, including Apple, Adidas, Binance, or Trip.com, offering up to 80% cashback — redeemable in Bitcoin, USDT, or TON tokens. Beyond cashback, the mini app provides perks such as airdrops and engagement rewards, all while operating seamlessly on any phone with Telegram installed.
With TON Ventures’ backing, TONCASH now pursues an aggressive expansion across Asia-Pacific, Europe, the Middle East, and Latin America, reaching Telegram’s 950-million-user base and connecting global brands to Web3 users through crypto cashback and rewards.
To join the app and benefit from its perks:
Visit: TONCASH website
Join us on Telegram
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View original content:https://www.prnewswire.co.uk/news-releases/toncash-secures-strategic-investment-from-ton-ventures-to-scale-crypto-cashback-platform-302343118.html
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