China News Daily TheBitTimes.com

Stablecoin crypto threat is reshaping payments right now as Mastercard launches zero-fee crypto cards, and this directly challenges Visa’s dominance in the $253 billion digital market. This Visa-Mastercard competition is intensifying as both giants race to capture the growing stablecoin payment system market. Mastercard & Visa’s Strategic Moves in the $253 Billion Crypto Market Source: wellsfargo.com The stablecoin crypto threat has reached a tipping point, and it’s forcing both payment giants to adapt their strategies. Mastercard’s partnership with Bitget Wallet launched a zero fee crypto card that allows users to spend cryptocurrencies at over 150 million merchants worldwide, eliminating traditional barriers that have protected card networks from crypto competition. Meanwhile, Visa has responded to the stablecoin crypto threat by launching its own stablecoin pilot program across six Latin American countries including Argentina, Colombia, Ecuador, Mexico, Peru, ...

The director of the US Federal Housing Finance Agency (FHFA), William J. Pulte, has asked Congress to investigate Federal Reserve Chair Jerome Powell “immediately,” calling his Senate testimony denying lavish upgrades “deceptive,” and enough for his removal.  During a Senate Banking Committee hearing last Wednesday, Powell defended the US Central Bank’s Washington headquarters renovation project that cost a reported $2.5 billion and included a number of lavish upgrades.  He called media reports on the upgrades “misleading and inaccurate” and claimed there are “no VIP dining rooms, no marble, no special elevators, no water Features , and no rooftop gardens.” *FHFA CALLS ON CONGRESS TO INVESTIGATE JEROME POWELL pic.twitter.com/iIBFQsmRDT — *Walter Bloomberg (@DeItaone) July 2, 2025 Read more: Jerome Powell defies Trump, keeps crypto restrictions at Fed His reaction prompted a response from Pulte, who asked Congress “to investigate Chairman Jerome Powell, his p...

Bitget launched its crypto card July 1, 2025, and this partnership between Bitget Wallet, Mastercard, and also Immersve is quite significant right now. This Mastercard crypto card enables users to spend cryptocurrency at 150 million merchants worldwide with zero fees, which is pretty remarkable. The cryptocurrency payment card addresses major adoption barriers including high costs and also limited merchant acceptance, and Bitget designed it to solve crypto card security concerns as well. Also Read: $0 in Bitcoin: Connecticut Becomes First State to Ban Crypto Reserves How Bitget Mastercard Crypto Card Solves Security, Fees, and Adoption Source: Future Banking Zero-Fee Structure Changes Everything The innovative crypto card-based strategies adopted by Bitget have been the first to fully remove any fee, and by using some of the most relevant changes in payment processing, the company has unlocked the delivery of considerable obstacles to crypto payments by today. Bitget has designed sever...

The US political arena is now brimming with a new development that revolutionizes the US demographics as we know them. Donald Trump is adamantly advocating for his “big beautiful bill,” which he believes can change American lives for the better. However, on the contrary, the aforementioned bill has drawn criticisms from market experts, with Elon Musk vowing to launch a new political party if this bill enters the US economic demographics. In the meantime, investors cannot help but wonder how the world will look under the leadership of Elon Musk. Can Musk truly compete with the likes of Trump? How high can the cryptocurrency market sustain if he launches his political party? Will Bitcoin and Dogecoin note a significant price surge in this wake? Let’s find out the answers to all these burning queries. Al so Read: This Underdog Meme Coin Could Flip SHIB and DOGE in 2025 Musk May Form A New Political Party Source: Queen City News In a new twist of events, Elon Musk has taken to X to an...