BBVA Enhances Institutional Crypto Solutions with USDC Integration

September 10, 2024

BBVA has integrated the stablecoin USD Coin (USDC) into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, more secure cryptocurrency trading.

The addition of USDC follows previous integrations of Bitcoin and Ether, expanding BBVA’s digital asset solutions for its clients.

BBVA Adds USDC to Strengthen Institutional Crypto Services in Switzerland

On Monday, the Spanish banking giant BBVA announced its latest enhancement to its crypto asset services in Switzerland with the inclusion of USD Coin (USDC). This integration is designed to improve the operational efficiency of its institutional clients.

BBVA’s institutional and private banking clients in Switzerland can now manage their USDC funds alongside traditional investments. The bank stated, “Clients can exchange, custody, or automatically convert USDC almost in real-time to euros, dollars, or any other currency.”

The integration allows institutional clients to manage their cryptocurrency trading more efficiently on exchanges. Stablecoins like USDC are commonly used by fund managers and large enterprises for trading on various cryptocurrency exchanges, enabling faster transactions.

Additionally, stablecoins offer a way to hedge against the volatility of other cryptocurrencies by converting assets into stablecoins to preserve value during market fluctuations, according to the bank.

How Cryptocurrencies Are Transforming the Gaming Industry

How to Store Your Cryptocurrency Safely

Top 5 Crypto Trading Strategies for Profitable Trading

How to Trade Cryptocurrency Like a Pro

10 Things You Need to Know Before Investing in Cryptocurrency

How Cryptocurrency is Changing the World of Finance

Launched in 2018 on the Ethereum blockchain by Circle and backed by Coinbase, USDC offers price stability and faster transaction speeds. It is also regularly audited to ensure compliance with U.S. anti-fraud regulations.

This integration marks BBVA’s third cryptocurrency offering after Bitcoin and Ether, further solidifying the bank’s commitment to providing innovative digital asset management solutions for its clients.

Philippe Meyer, Head of Digital Solutions and Blockchain at BBVA, said, “Our institutional clients need options to safeguard the assets they manage. We will continue analyzing all crypto assets they are investing in to expand our offering with additional innovative solutions.”

BBVA’s continued expansion into the digital asset space reflects its commitment to meeting the evolving needs of institutional investors in the cryptocurrency market while providing safe and efficient tools for managing and trading digital assets.

Source: news.bitcoin.com

Like it? Share it with your friends!

Here’s What You Don’t Know About Successful Forex Traders

You have heard and read tons of news threads about successful forex traders. However, the contents could have entirely focused on their earnings rather than what makes them the top earners. Do not worry, though. You see, it is reported that only about 5 percent of forex traders succeed. If you are starting in this realm, then you need to read this to the last word. It gives insights into what sets apart the successful forex traders from any other trader. You have heard it all. You must inculcate discipline in your trade, you should have a strategy, among many other phrases. Forget about that for now and focus on the insights shared in this post. Here is the first attribute of successful forex traders. They Never Gave Up One of the most important traits of every successful forex trader is that they never give up. You see, this field involves learning about cryptocurrency exchanges, creating a strategy, and speculating the market. If you give up too early, you may not earn any knowledge on how to go about it, and you fail in your next attempt. If you give up, you can’t become successful in this trading realm. Most of the successful traders embrace a lot of perseverance. They employ a lot of grit. Remaining active and learning more every day could lead you to success. You fail once you give up. However, if you have a passion for trading, you will hopefully stay on the course as you persevere through all the possible setbacks of the market. Eventually, you will enjoy success. Successful traders don’t just need the cash! It sounds weird, but it is the case. You see, there is no anything like sure wins in this market. However, you will never meet any successful trader who trades today so he could use the cash the following day. They do not do that. Now that there is an urgent matter that needs close to $ 100, they do not have to trade so to cater to that particular issue. Indeed, you can trade full-time. Yes, you can consider forex trade as your full-time job. However, you will have to handle a bit of pressure as you gain more experience that will enable you to earn a lot in the future. Just don’t get greedy and allow fear to manifest. They never try so hard Many online forex guidelines suggest that you keep trying. However, it connotes that you should not give up yet too early. Remain consistent, but it does not suggest you try too hard to earn profits. You must dedicate most of your time to learning the basics and the best insights of the forex world but not trying so hard to gain money. Wrap Up The above traits make the most successful forex traders. They never give up too early. They keep learning and implementing. They do not trade just for the money. They know that experience counts on future profits. And they never try too hard.
>>Read more
Bitcoin providing a decentralised solution to money

Understanding Bitcoin Loans: A Comprehensive Guide Bitcoin is a digital currency that differs significantly from traditional currencies like the USD or EUR, which are backed by specific countries. Unlike stocks, Bitcoin is not tied to any physical asset; instead, it relies on a decentralized technology known as blockchain. What is Blockchain? The blockchain acts as a digital ledger, maintaining secure records of Bitcoin transactions and balances. With thousands of computers validating and recording transactions, the system is highly resistant to fraud. Hacking the blockchain would require controlling a majority of these computers, making it nearly impossible. How Bitcoin Loans Work Bitcoin offers users full control over their funds, a feature not always available with traditional financial products. If you need a loan, Bitcoin can be used as collateral. Here’s how you can take out a Bitcoin loan: Apply Online: Choose an online service that offers Bitcoin loans. Provide details about your Bitcoin holdings and complete an application. Collateral and Disbursement: Once approved, you’ll need to send your Bitcoin as collateral. After receiving the collateral, the loan amount will be deposited into your account. Loan amounts can range from $10,000 to $100,000, with some services offering up to $1 million. Collateral Value: If the value of your Bitcoin collateral drops significantly, you may need to add more collateral to maintain the loan value. Advantages of Bitcoin Loans No Credit Check: Bitcoin loans do not require a credit check, making them accessible even if you have a poor credit score. This is in contrast to traditional options like a bad credit car loan, which often involves stringent credit requirements. Low-Interest Rates: Interest rates typically range from 1% to 8% per month. Global Accessibility: You can apply for a Bitcoin loan from anywhere in the world. Flexible Repayment: Loans can be repaid in EUR, USD, or BTC, and are available for terms from 6 weeks to 5 years. Privacy: Bitcoin transactions are private and secure, reducing reliance on traditional financial institutions. Why Consider a Bitcoin Loan? Bitcoin loans offer several benefits, including privacy and lower fees compared to traditional financial services. Unlike conventional loans, Bitcoin transactions are digital and can be completed without the need for intermediaries. This efficiency often translates to lower costs for the borrower. Additional Financial Tips If you have a poor credit history and need a loan, there are still options available. Start by checking your credit report to understand your standing and identify areas for improvement. Improving your credit score can enhance your chances of securing loans in the future. For significant purchases like cars, some companies specialize in loans for individuals with bad credit or bankruptcy histories. You may need to provide proof of income and complete a questionnaire about your employment situation. Conclusion Bitcoin provides a unique alternative to traditional financial systems, offering more control and privacy. Whether you’re considering a Bitcoin loan or looking to improve your credit for other types of loans, understanding your options is crucial for making informed financial decisions.
>>Read more
Everything you need to know about crypto faucets

These days, when everybody is working hard to earn some money, crypto faucets could be a good source to earn some extra income, but many people are not aware of crypto faucets. In this article, you will know everything about crypto faucets; what are crypto faucets, how they can be a great way to start earning some free crypto, and how much crypto can be earned through these sources, so let’s get started. What are crypto faucets? Crypto faucets are simply websites or applications that were created to give small amounts of cryptocurrency to their users who in exchange perform some tasks. These tasks are not hard and can be completed easily. The word “faucets” is used to show the regulation of water drops from a pipe. In this way, crypto faucets mean the earning of small crypto rewards at regular intervals just like the drops of water leak out through a faucet. Here are some examples of tasks that are completed by the earners to get free bitcoins. These include the following activities: Watching ads. Solving captchas. Visiting different websites by clicking on links, etc. The user is assigned first with some easy tasks. Bigger rewards are given after the accomplishment of harder tasks. The first crypto faucet Earning a small amount of money from crypto faucets was first started in 2010. This was the year when cryptocurrency was introduced by Gavin Andresen a software developer. He also introduced the first cryptocurrency faucet and it was a bitcoin faucet. At that time people did not take it seriously because it did not have much value but nowadays many people are making most of this opportunity. As time went on, people started earning through faucet websites and apps. At present, many software developers have created different crypto faucets apps available for mobile android and IOS, but still, it is unknown by the majority of people because the rewards are not much worth it and takes a lot of time to collect cryptocurrency. How to earn using crypto faucets? Crypto Faucets can be used to earn small rewards but it’s not something you should rely on too much. To find some of the best faucets at the moment, you can check TopCryptoFaucets for an updated list of various crypto faucets websites and applications that can help you earn a good amount of free cryptocurrencies. You need to make sure to search for more info about these websites on the internet and use only the ones you like the most or are more beneficial for you. With this article, you will get useful information about the best bitcoin faucets that you can use to collect some bitcoins. Let’s know more about how these crypto faucets work and how you can use them to earn free bitcoin satoshis. It is not a rigorous job to start, you do not need any specialized background to start earning through these sites. All you have to do first is to sign up for any crypto faucet you like. Complete your profile. Select which type of tasks you would like to perform. Add your wallet address. Complete a task. You will be paid in a form of satoshi. You can also check your balance at any time in your wallet after completing your task. You should link your micropayment wallet to the faucet, the most commonly used micro wallet is FaucetPay. You will be asked to visit different websites by clicking different links but be careful because some sites can contain ads that can be dangerous for your laptop or mobile and can also attempt to hack your personal information. How much can you earn through faucet websites? Crypto Faucets could be profitable if you use them regularly. These websites give free bitcoins every hour. So if you use it often, you can earn a good number of satoshis every day. The trick here is to try to use many different faucets at the same time for maximum profit. Today, bitcoin is worth about 60,000 USD. So, you can get a good amount of bitcoin if you use faucet websites continuously. Best crypto faucets to use: As mentioned before the first bitcoin faucet was developed in 2010, but nowadays many web developers have created many new different types of cryptocurrency faucets. Some of the most popular faucets are as follows: Freeethereum.com: The quantity of ETH you may claim gets determined by the value of the dice you use. There is also the opportunity to participate in surveys to increase your earning potential. Freesteam.io: The amount of money that you can claim gets decided by the amount of money rolled. If you want you can participate in surveys, to get more crypto fast and increase your earning. Freetether.com: You can claim free USDT from this faucet. The amount you can claim is determined by the amount of money that is rolled. Freebinancecoin.com: Claim free BNB with this faucet, win up to 300$ if lucky. The sum of money that one can claim gets decided by the rolled dice. Freebitcoin.io: The quantity of free bitcoin you receive will be determined by the number of dice you roll, and it will get distributed by the prize-winning amounts given. It is possible to claim once per hour and earn additional free bitcoin for doing so. Faucet Scams! Scams are everywhere, but when it comes to free earning then make sure you choose the right platform after searching a lot about it. Many Faucet websites are being reported who delete their user’s ID after they complete the task and reach the required threshold. Many scam users are using these Faucet websites to hack people’s data and accounts. So always make sure that you choose the best platform that is secure and reliable. Summary Crypto Faucets are useful to generate some bitcoin at no cost in your free time. If you have some extra time to spare then you can always use these faucets as a source to generate extra income. Remember >>Read more
>>Read more
Top 5 Cryptocurrency Uses

Cryptocurrencies are still somewhat of an obscure topic. While they are slowly making their way to the mainstream, they are still not quite there. As a beginner, your top priority should be to understand how to use cryptocurrency. With that skill out of the way, think about why to use cryptocurrency. After learning about the most popular types, choose one, and start the journey. The uses of cryptocurrency are diverse. Here are the best 5 ways to use cryptocurrency. 1. Investment Perhaps the most obvious field of the decentralized payment system is trading. Investing in Bitcoin, Ethereum, and even Dogecoin is highly advised by investing experts. As a still “hipster” banking solution, cryptos are a smart investment. Besides Bitcoin, make sure to look at lesser options, such as MATIC, Cardano (ADA), and DOT. Professionals consider these the most prosperous cryptos at the moment. However, things are never black or white, especially not in e-commerce. Due to inescapable instability, cryptocurrencies are not always safe to invest in. To exemplify, the Litecoin price rose in early May 2021 year, only to experience an unprecedented drop by the end of the month. Therefore, it’s crucial to read predictions and follow the trends. 2. Online Gambling In the real, physical world, Bitcoins and Ethereum are but small talk. But in the virtual universe, things are much different. More and more online gamblers are choosing cryptocurrency as their preferred payment method in casinos. And accordingly, online gambling venues are increasingly accepting popular cryptos. With an immense number of Bitcoin casinos on the market, punters have a wide selection of operators to choose from. And the best part about these gaming establishments is the constant evolution. What was once called a Bitcoin casino has now transformed into a crypto casino, supporting both famous and obscure cryptocurrencies. If you’re entertaining the thought of joining a Bitcoin casino, read casino expert reviews. Professionals behind this casino compare site test operators, their safety, and reliability. The only thing left for users to do is pick one gambling site and play with Bitcoin. 3. Write to Get Paid As our fast-paced world grows and continually reaches its potential, Bitcoin is doing the same thing. Nowadays, there are blogging websites that allow writers to get paid in cryptocurrencies. We suggest looking up blogging platforms that support payment for posting content. So, if you’ve always wanted to run a blog as a side business, this is the perfect chance. Explore the world of Bitcoin-centric online writing platforms to find the one that suits you best. A pro tip is to keep an eye on whether the site allows users to grow in contrast to selling content to a third party. How does Bitcoin writing work? Once you sign up with the platform, you need to set up your blog. Determine your niche and learn about vital concepts such as Search Engine Optimization (SEO). The text optimization skills will help rank your content better, which in turn, earns you more coins. 4. Crypto Travel “What is a cryptocurrency used for?” is a rather popular question. One of the answers is traveling. While cryptocurrencies originate from the virtual world, they are entering the physical one, too. Slowly but surely. Luckily, the economy is readily embracing the perks of alternative currencies. A growing number of travel agents, hotels, and other affiliated firms now accept Bitcoin specifically. Using the cryptocurrency, you may even get bonus deals, cheaper options, and exclusive destinations. As always, it is wise to research the market before choosing one, though. What matters is that Bitcoin can be used for earthly travel bookings – for now. But seeing that our planet is keen on exploring the rest of the Milky Way, Bitcoin will likely be an available option for space traveling arrangements. 5. Ride Crypto-Style We saved the most exciting one for last. Did you know that the uses of cryptocurrency include purchasing a car? And none other than a brand-new Lamborghini! Interestingly, Lamborghini was the first luxury sports car manufacturer to accept altcoins. Therefore, it is possible to buy a Lamborghini with Bitcoin. What’s more, Elon Musk followed the trend announcing that his company Tesla would soon accept Bitcoin. The controversy came to be for the digital coin dropped just a couple of days following the statement. Musk changed his mind and proclaimed that Tesla would refuse Bitcoin. But viewing the current fluctuations on the market, the most controversial businessman of our time might again have a change of heart. So, when one asks, “why use cryptocurrency”, a better question is why not? This is a prolific, innovative, and future-oriented way to purchase assets, items, and invest in yourself.
>>Read more
How to Create Your Own NFT

An NFT (Non-Fungible Token) is a unique digital asset that represents ownership of something, often artwork, music, videos, or even virtual real estate. NFTs are built on blockchain technology, typically Ethereum, ensuring each one is verifiably unique. Steps to Create Your Own NFT 1. Choose Your Art or Digital Asset Before you start, you need something to tokenize. It can be a digital painting, GIF, 3D model, video, or even music. If you’re an artist, use your original work. If you’re not, you can hire a designer or use digital art creation tools to make something unique. 2. Set Up a Digital Wallet To create, sell, or buy NFTs, you’ll need a cryptocurrency wallet. This wallet will store the crypto you’ll use to pay for minting (creating) your NFT and hold the proceeds from sales. A few popular wallets include: MetaMask Coinbase Wallet Trust Wallet After setting up your wallet, you’ll need to buy some cryptocurrency (usually Ethereum or ETH) to pay for the minting process. 3. Select an NFT Marketplace Several NFT platforms allow you to create, or “mint,” your NFT. Some popular marketplaces are: OpenSea (Most beginner-friendly) Rarible Foundation Each platform has its own user base, fees, and rules, but they all generally work the same way: upload your file, fill out some details, and mint it into an NFT. 4. Minting Your NFT Once you’ve chosen a marketplace and connected your digital wallet, the next step is to mint your NFT. “Minting” is the process of turning your digital file into an NFT stored on the blockchain. Here’s how to mint an NFT: Log in to your chosen marketplace and connect your digital wallet. Look for an option to “Create” or “Mint” an NFT. Upload your digital file (image, video, audio, etc.). Add a title and description for your NFT. Make sure to describe your piece well to attract potential buyers. Set your price and choose whether to auction it or sell it for a fixed price. Depending on the platform, you may also be able to add perks like unlockable content (e.g., a high-resolution file or additional artwork for buyers). 5. Pay the Gas Fees Minting NFTs on the Ethereum blockchain often comes with gas fees. These are transaction fees you pay to the network for processing your NFT creation. The fees vary based on how busy the network is. 6. Market Your NFT Now that your NFT is live on the blockchain, you need to promote it. Share your creation on social media, build a following, or reach out to NFT collectors. The more exposure your NFT gets, the higher the chance someone will buy it. Tips for Success Be Authentic: NFTs thrive on originality and creativity. Buyers are looking for unique digital assets, so make sure your work stands out. Understand the Market: Watch the NFT space closely. Some trends come and go, so knowing what’s hot can help you create NFTs that sell. Engage with the Community: The NFT world is community-driven. Participate in discussions, join NFT groups, and get feedback from fellow creators. That’s it! By following these steps, you can create and sell your very own NFT. Just remember that success often comes from promoting your work and engaging with the NFT community. Good luck!
>>Read more

BBVA Adds USDC to Strengthen Institutional Crypto Services in Switzerland

Source: news.bitcoin.com

Like it? Share it with your friends!

Related Posts: