Welcome back to Altcoins at a Glance, your quick shot of Altcoin news. We know your time is precious so combed through the latest news and summarize it for you.
Binance Introduces DOGE/TUSD Pair
- Binance rolled out DOGE/TUSD pair last April 28.
- Users can enjoy zero make fees until further notice.
- Paxos, the issuer of Binance USD, has stopped minting new BUSD due to regulatory pressure. This forced Binance to look at other options.
- TUSD is an authorized digital currency and medium of exchange in the Commonwealth of Dominica.
Venmo Users Can Transfer Bitcoin and Altcoins Soon
- Venmo, a popular payment platform, will enable users to transfer crypto to other Venmo and PayPal users. It will also be possible to transfer crypto to external wallets.
- The payment platform has allowed users to buy, hold, and sell crypto since 2021, but users did not have the option to transfer them to internal or external wallets.
- The new feature will be added by May 2023.
- Tracking crypto prices will also be easier with the addition of real-time alerts for customers.
Mastercard Collaborates with Top Altcoins to Create Crypto Standards
- Top payment processing company Mastercard will collaborate with developers of top altcoins to create a common crypto standard that aims to help consumers have a better interaction with Web3.
- The Mastercard Crypto Credential will benefit users in a lot of ways. It aims to provide easy-to-remember aliases to help consumers share wallet addresses. This will reduce potential errors.
- According to Mastercard. It will bring richer information to blockchain transactions through metadata, that helps to define attributes of a wallet to ensure transactions are completed as intended (like network type or supported asset).
- Top developers of altcoins will help bring this to reality. Included in the project are Aptos Labs, Ava Labs, Polygon Labs, and The Solana Foundation.
Google Partner with Polygon to Accelerate Growth
- Google Cloud and Polygon Labs announced a partnership to accelerate the adoption of core Polygon protocols.
- The partnership will make it easier for developers to build, launch, and grow their Web3 projects and dApps on the Polygon ecosystem.
- Google Cloud will bring its Blockchain Node Engine. Developers know the costly overhead of maintaining a dedicated node, but things will be easier with Google’s Blockchain Node Engine. In the simplest of terms, developers will only have to pay for what they use. Think of it as using Uber instead of buying a new car.
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