crossmint

International remittance service company Western Union has announced a partnership with Crossmint to launch the USD stablecoin USDPT on the Solana blockchain, aimed at providing fast and low-cost global money transfer services.Western Union will integrate its digital asset network with Crossmint, allowing users to exchange digital dollars for local currency at over 360,000 locations worldwide, covering more than 200 countries and regions. Malcolm Clarke, Vice President of Digital Assets at Western Union, stated that this collaboration helps seamlessly connect global wallets and digital platforms with Western Union's payment infrastructure.

According to Cointelegraph, cryptocurrency payment infrastructure provider Crossmint has obtained a license for the Markets in Crypto-Assets Regulation (MiCA) issued by the Spanish Securities Market Commission (CNMV), becoming a compliant Crypto Asset Service Provider (CASP). This license allows Crossmint to provide stablecoin infrastructure services across all 27 EU member states.This license covers three core CASP activities: fiat and cryptocurrency two-way exchanges, custodial services for crypto assets, and cross-wallet and cross-blockchain transfer services. Crossmint co-founder Rodri Fernández Touza stated that as the MiCA transition period will end in July, many remittance companies, payment platforms, and emerging banks are now requiring partnerships with licensed MiCA holders, and non-compliant providers may face the risk of being forced out of the market.

ChainCatcher news, Crossmint BD business leader Nick Wang confirmed his attendance at the annual summit hosted by Silicon Valley 101 x RootData on October 5 (GMT-7). Crossmint focuses on simplifying blockchain integration for developers and enterprises, with services including wallet creation and management, token and digital credential issuance, fiat and cryptocurrency payments, and cross-chain operations.It is reported that the summit will feature two major forums: "Valley 101 Alignment 2025 Tech Summit" and "DeInsight 2025". Blockchain media ChainCatcher, the proxy crypto browser Donut, and the AI + Web3 investment accelerator AI101Labs will jointly host the "DeInsight 2025" forum.This year's summit aims to deeply explore the integration and innovation of the two cutting-edge technologies, AI and Crypto, bringing together top professionals from the global crypto asset and artificial intelligence fields, providing participants with valuable opportunities to connect with international cutting-edge resources and integrate into the global innovation ecosystem.

ChainCatcher news, Web3 infrastructure company Crossmint has received a strategic investment from Circle Ventures.Previously, Crossmint announced in March this year that it had raised $23.6 million in seed, Series A, and strategic funding rounds, led by Ribbit Capital, with participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. Crossmint will launch NFT Wallet as a Service (WaaS) to help companies apply simplified, interoperable blockchain technology to their existing goods and services.

ChainCatcher news, according to Cointelegraph, Web3 infrastructure company Crossmint has partnered with Visa to implement AI-driven on-chain payments using tokenized credentials.In previous news, Crossmint will launch NFT Wallet as a Service (WaaS) to help companies apply simplified, interoperable blockchain technology to their existing goods and services. Its NFT WaaS tech stack allows companies to create smart contracts and send NFTs via email, as well as generate wallets for NFT collectors. This white-label product also enables users to connect their wallets to third-party websites using Dapp services Wallet Connect or Crossmint Connect. Additionally, Crossmint WaaS allows users to purchase NFTs using fiat currency, a service that is now being rolled out to the public.

ChainCatcher news, according to Fortune, the crypto development platform Crossmint has completed a $23.6 million funding round, covering seed, Series A, and strategic financing, led by Ribbit Capital, with participation from Franklin Templeton, Nyca, First Round, Lightspeed Faction, and others.Crossmint provides API tools that help developers easily integrate crypto features without needing to deeply understand blockchain technology. Currently, its clients include Adidas, Red Bull, Coinbase, and 40,000 other businesses and developers. Its stablecoin API and AI bot payment features are highly favored, with a 1100% increase in subscriptions in 2024. Crossmint plans to further expand into the traditional finance and tech enterprise market, creating a differentiated layout compared to competitors like Alchemy.