OpenNode is a Bitcoin payment processor that enables businesses to accept on-chain and Lightning Network transactions with minimal fees and instant settlements. It supports eCommerce integrations via plugins (Shopify, WooCommerce) and APIs, offering flexibility for custom solutions. Key features include automatic fiat conversion, compliance with KYC, and robust security measures like 2FA. Compared to BitPay and Coinbase Commerce, OpenNode stands out with Lightning Network support and competitive tiered pricing. Ideal for merchants seeking efficient, chargeback-free crypto payments, OpenNode bridges traditional finance and Bitcoin’s decentralized ecosystem.
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Amazon, Walmart Eye Stablecoin Launch to Cut Fees
Amazon and Walmart are reportedly exploring the launch of proprietary stablecoins to streamline payments and reduce credit card processing fees, according to a Wall Street Journal report. These USD-pegged digital assets could save billions by bypassing traditional payment networks, offering instant transfers for suppliers and customers. The move aligns with the GENIUS Act, a bipartisan bill creating a regulatory framework for stablecoins, which recently advanced in the Senate. While corporate stablecoins promise efficiency gains, they must overcome public skepticism post-TerraUSD collapse and ensure regulatory compliance. Success could trigger a crypto bull run and reshape retail finance under evolving U.S. crypto policies.
read moreCalifornia Bill Allows Bitcoin for State Fees
The California State Assembly unanimously approved AB 1180, enabling state agencies to accept Bitcoin and digital assets for certain regulatory fees. Authored by Assemblymember Avelino Valencia, the bill mandates the Department of Financial Protection and Innovation (DFPI) to establish rules for crypto payments by July 2026. The pilot program, running until 2031, aims to streamline compliance for crypto firms like Ripple and Kraken while mitigating volatility risks by converting payments to USD. Critics highlight concerns over fees and environmental impact, but supporters see it as a step toward broader crypto integration. The Senate will review the bill later this summer, with potential implications for nationwide crypto policy.
read moreTop Bitcoin Payment Processors for Global Merchants
This article highlights leading Bitcoin payment processors, including Bitpay, OpenNode, Coinbase Commerce, BTCPayServer, CoinPayments, CoinGate, and NOWPayments. Each processor offers unique features such as Lightning Network support, low fees, multi-currency options, and e-commerce integrations. Bitpay, one of the oldest, charges a 1% fee, while Coinbase Commerce offers zero fees. BTCPayServer stands out as a free, open-source, non-custodial solution. The choice depends on business needs, whether prioritizing privacy, cost, or ease of integration. With crypto adoption growing, these processors enable merchants to tap into a global customer base efficiently.
read moreRipple Co-Founder Donates One Million XRP to Kamala Harris Campaign PAC
Ripple co-founder Chris Larsen has donated $1 million in XRP to Future Forward PAC, supporting Vice President Kamala Harris’ presidential campaign. This marks the first crypto contribution to her campaign, as the PAC has raised over $200 million, with significant backing from figures like Michael Bloomberg and Coinbase.Larsen’s endorsement comes amid Ripple’s ongoing legal battle with the SEC, highlighting the growing influence of crypto in political discourse. As the 2024 election approaches, both Harris and Donald Trump are expected to address the implications of digital assets on the economy and regulation.
read moreBiden Administration Considers Accepting Cryptocurrency Donations Amid Voter Interest
The Biden administration is considering accepting cryptocurrency donations for the re-election campaign through Coinbase Commerce, following in the footsteps of former President Donald Trump. This move comes as cryptocurrency donations are gaining importance as a voter issue.
read moreFormer President Trump’s Crypto Holdings Exceed $14 Million Post-Conviction
Former U.S. President Donald Trump’s crypto portfolio has surpassed $14 million, with a significant portion invested in meme coins received through airdrops. Despite being convicted of 34 felony counts, his campaign raised nearly $53 million within 24 hours, and he has shown support for cryptocurrency, including accepting donations via Coinbase Commerce. Additionally, Trump has launched three non-fungible token (NFT) collections since leaving office.
read moreTrump’s Pro-Crypto Stance Raises Expectations for Industry’s Future Amid Election Speculation
Former U.S. President Donald Trump has expressed strong support for the cryptocurrency industry, declaring that the United States must lead in this field. He has announced that his 2024 presidential campaign will accept cryptocurrency donations and has raised expectations in the industry of his potential victory. Trump’s positive attitude towards crypto has been accompanied by public announcements and meetings with crypto enthusiasts, signaling a significant shift in his stance.
read moreTrump Campaign Embraces Cryptocurrency Donations in 2024 Presidential Race
Donald Trump’s presidential campaign has started accepting cryptocurrency donations, making him the first major party nominee to do so. The move aligns with Trump’s pro-crypto stance, with the campaign vowing to build a “crypto army” and referencing Senator Elizabeth Warren’s opposition to cryptocurrencies. The TRUMP token surged 14% following the announcement, with top sellers reaping gains as the price rose over 60% in the past month.
read moreDonald Trump Embraces Cryptocurrency for Campaign Donations
Donald Trump has announced that his campaign will accept donations in Bitcoin, Ether, Dogecoin, Solana, and other cryptocurrencies, making him the first major party candidate to do so. This move is seen as a significant shift from his previous negative stance on cryptocurrency, and it has sparked political discussions around the role of digital currencies in the 2024 campaign.
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