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Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage "hard technology" startups valued below ¥500M, or about $71M (Reuters)

Reuters : Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage “hard technology” startups valued below ¥...

6 May 2024

Visa and Allium Labs: less than 10% of stablecoin transactions are "organic payments activity", which excludes activities from bots and large-scale traders (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg:
Visa and Allium Labs: less than 10% of stablecoin transactions are “organic payments activity”, which excludes activities from bots and large-scale traders  —  - Less than 10% of stablecoin transactions are “organic:” Visa  — PayPal, Stripe are among fintechs expanding in stablecoins

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