brighty

According to CoinDesk, Brighty co-founder Nikolay Denisenko stated that hundreds of high-net-worth investors have used cryptocurrency to purchase properties in Europe over the past year.The platform has facilitated over 100 transactions, primarily concentrated in the UK, France, Malta, Cyprus, and Andorra, with individual amounts ranging from $500,000 to $2.5 million. Previously, high-net-worth clients mostly used USDC issued by Circle, but now, to avoid exchange costs, an increasing number of clients are turning to euro-pegged stablecoins (such as EURC).

According to ChainCatcher news reported by Cointelegraph, the world's largest stablecoin Tether USDT accounts for 85% of the crypto deposits on the Brighty platform, making it the most widely used currency for payroll payments and savings.In B2C savings, Tether USDT accounts for 33%, second only to the euro. In contrast, USDC and Bitcoin each account for only 5% of the crypto deposits on the Brighty platform.Additionally, the Tron-based TRC-20 USDT, due to lower transaction fees, accounts for over 60% of the overall USDT transactions on the platform.

ChainCatcher news, according to techfundingnews, the Swiss crypto payment platform Brighty has completed a $10 million financing round led by Futurecraft Ventures. The platform was co-founded in 2021 by Nick Denisenko, former Chief Backend Engineer at Revolut, and Roger Buerli, aiming to provide users with a seamless crypto payment experience.Brighty has currently launched a custodial wallet service supporting Ethereum, Tron, Polygon, and Arbitrum, and offers features such as European IBAN accounts and physical and digital VISA cards. The platform provides up to 5% annual yield on stablecoin card balances through DeFi technology. Notably, the platform recently launched an AI-driven crypto investment feature, offering users data-driven investment strategies across multiple sectors, including Momentum, Industrial, Nasdaq, and S&P 500.The company plans to use this round of financing to expand into the European and UK markets, focusing on serving digital nomads and cryptocurrency earners. CEO Roger Buerli stated that the demand for crypto payments in Europe and the UK continues to grow, especially in scenarios such as commercial transactions, financing, and salary payments.