Latest news with #international
Yahoo
7 hours ago
- Business
- Yahoo
Startup claims to settle cross-border payments in 5 seconds using stablecoins
Startup claims to settle cross-border payments in 5 seconds using stablecoins originally appeared on TheStreet. Global payments remain slow, expensive, and fragmented—especially for businesses operating across borders. Mesta, a U.S.-based startup, is aiming to address that challenge by combining stablecoins, fiat rails, and an API-first approach to simplify cross-border transactions for fintech platforms and enterprise clients. 'Mesta is a global fiat plus stablecoin payment network,' said Sandeep Pyapali, head of payments during an interview with TheStreet Roundtable. 'We're focused on making international money movement faster and more cost-effective.' Mesta enables platforms to send payments using stablecoins like USDC or USDT, then convert to local fiat currencies for delivery. The result, according to Pyapali, is significantly lower fees and significantly faster settlement times, with some transactions clearing in under five seconds. For many businesses, blockchain remains a complex and opaque space. Mesta's approach attempts to abstract much of the underlying technology, offering a single API for cross-border payments without requiring clients to manage crypto infrastructure directly. 'Most businesses don't want to learn how stablecoins work—they just want to make payments,' Pyapali said. This model resembles what other platforms like Circle have tried to achieve—reducing friction around blockchain adoption by handling the technical and regulatory layers behind the scenes. Mesta currently supports payments in more than 50 currencies and has processed $5 billion in volume as of Q4 2024, across over 200 platform integrations. 'Our customers are primarily fintech platforms,' Pyapali said. 'They're using stablecoins for cross-border payments and tapping into local rails for delivery.' Stablecoins currently have a market capitalization of over $250 billion, but experts believe this could go to trillions by 2030. In the U.S., the GENIUS Act, a stablecoin regulation bill, passed the Senate with support from both parties to cheers from crypto holders. Circle, who issues the stablecoin USDC, recently IPO'd on June 5th at $31 per share. At press time, it was up over 500%, at $199.59, showing clear appetite for stablecoins from traditional markets. Startup claims to settle cross-border payments in 5 seconds using stablecoins first appeared on TheStreet on Jun 19, 2025 This story was originally reported by TheStreet on Jun 19, 2025, where it first appeared.
Yahoo
8 hours ago
- Business
- Yahoo
Strength Seen in Coinbase Global (COIN): Can Its 16.3% Jump Turn into More Strength?
Coinbase Global, Inc. (COIN) shares ended the last trading session 16.3% higher at $295.29. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.9% loss over the past four weeks. The surge likely have been fueled by Senate passing stablecoin bill. COIN is scaling its subscription and services business by pushing stablecoin income. Thus, it is favoring has a strong focus on making USDC the dominant dollar-backed stablecoin worldwide, which aligns closely with its broader international expansion strategy. A robust liquidity is supporting its ongoing strategic investments aimed at enhancing its service offerings and driving future the largest registered crypto exchange in the United States, Coinbase is well-placed to take advantage of increased market volatility and rising crypto asset prices. This company is expected to post quarterly earnings of $0.91 per share in its upcoming report, which represents a year-over-year change of -15%. Revenues are expected to be $1.54 billion, up 6.3% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Coinbase Global, the consensus EPS estimate for the quarter has been revised 10% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on COIN going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Coinbase Global belongs to the Zacks Financial - Miscellaneous Services industry. Another stock from the same industry, WisdomTree, Inc. (WT), closed the last trading session 1% higher at $10.23. Over the past month, WT has returned 4.1%. For WisdomTree, Inc., the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.17. This represents a change of +6.3% from what the company reported a year ago. WisdomTree, Inc. currently has a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report ASML Holding N.V. (ASML) : Free Stock Analysis Report WisdomTree, Inc. (WT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
8 hours ago
- Business
- Yahoo
Visa Shares Up 2,655% Since Big Money Bought In
V is one of the world's largest payment networks, collecting fees from debit and credit cards around the world. It operates in more than 200 countries and processed nearly 316 billion transactions in the year ending March 31 ($16.1 trillion in total volume). Visa is also growing its business via direct global payments and tie-ins with cryptocurrencies. As for earnings, V's second-quarter fiscal 2025 report showed 9% year-over-year revenue growth and per-share earnings growth of 10%. Overall payments volume grew by 8%, while U.S. volume grew by 6%, and overseas volume grew by 9%. The company returned $1.2 billion to shareholders as dividends and conducted $4.5 billion in share repurchases. It's no wonder V shares are up almost 13% this year – and they could rise more. MoneyFlows data shows how Big Money investors are betting heavily on the forward picture of the stock. Institutional volumes reveal plenty. In the last year, V has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in V shares. They reflect our proprietary inflow signal, pushing the stock higher: Plenty of financials names are under accumulation right now. But there's a powerful fundamental story happening with Visa. Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, V has had strong sales and earnings growth: 3-year sales growth rate (+14.3%) 3-year sales EPS rate (+20.1%) Source: FactSet Also, EPS is estimated to ramp higher this year by +12.5%. Now it makes sense why the stock has been powering to new heights. V has a track record of strong financial performance. Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term. Visa has been a top-rated stock at MoneyFlows since 2009. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis. It's made the rare Outlier 20 report multiple times since 2009. The blue bars below show when V was a top pick…boosted over 2,655% by Big Money inflows: Tracking unusual volumes reveals the power of money flows. This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward. The V rally isn't new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio. Disclosure: the author owns V in personal and managed accounts at the time of publication. If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights. This article was originally posted on FX Empire Should You Invest in European Stocks Now? Rare Bullish Inflow Signals Cause IMAX to Nearly Double US Foods Seeing Inflows From Tariffs to Tags: The Price Hike Reality for US Shoppers (Part 1) Should You Invest in the US Stock Market Now? Bulgaria on Track to Adopt the Euro, Supporting the Economic Outlook
GSM Arena
11 hours ago
- GSM Arena
OnePlus rumored to be working on new gaming series
OnePlus is apparently working on an entirely new line of products, which will be very gamer-oriented. The smartphones in this line will have bigger batteries than the other OnePlus devices, flagship chipsets, and dedicated gaming triggers. The bad news is that initially this new series will only be available in China. But of course, if it proves to be a huge success over there, it may then make it to international markets. OnePlus 13 Unfortunately, no other details about this line or any member device have been outed so far, but we'll let you know when we find out more. In the meantime, let us know in the comments whether you're excited to see something more gamer-oriented from OnePlus. This sounds like it would compete head-on with RedMagic, for example. Source
NDTV
12 hours ago
- General
- NDTV
Delhi Metro To Begin Services From 4 AM On International Yoga Day
New Delhi: In order to facilitate the movement of Yoga Enthusiasts on the occasion of international Yoga Day, the Delhi Metro services will commence from 4 AM from all originating stations on June 21, an official statement said. In a post on X, Delhi Metro Rail Corporation said, "Delhi Metro services will commence from 4 am from all originating stations on 21st June 2025 (Saturday) to facilitate the movement of yoga enthusiasts on the occasion of International Day of Yoga, 2025." "Services will be available on all lines at an interval of 30 minutes from 4 am onwards till the commencement of passenger services as per daily timetable", it added. DELHI METRO TO COMMENCE SERVICES AT 4 AM ON THE OCCASION OF INTERNATIONAL DAY OF YOGA ON 21ST JUNE 2025 Delhi Metro services will commence from 4 am from all originating stations on 21st June 2025 (Saturday) to facilitate the movement of yoga enthusiasts on the occasion of… — Delhi Metro Rail Corporation (@OfficialDMRC) June 19, 2025 As India is gearing up to celebrate the 11th International Day of Yoga on June 21, the government is organising a multitude of events nationwide to mark the occasion with "Yoga for One Earth, One Health" as this year's themeYoga Sangam, the main event, will orchestrate a synchronised mass yoga demonstration based on the Common Yoga Protocol (CYP) at over 1 lakh locations across India on June 21, 2025, from 6:30 AM to 7:45 AM. Prime Minister Narendra Modi will lead the national event at Visakhapatnam, Andhra Pradesh. This collective celebration aims to reaffirm our shared commitment to the timeless practice of yoga and its enduring relevance in today's world. An invaluable gift of ancient Indian tradition, Yoga has emerged as one of the most trusted means to boost physical and mental well-being. The word "Yoga" is derived from the Sanskrit root 'yuj', meaning "to join," "to yoke," or "to unite." It symbolises the unity of mind and body, thought and action, restraint and fulfilment, harmony between human and nature, and a holistic approach to health and well-being.
