Matrixport Announces Launch of Proprietary Global Stablecoin Payment Platform
BlockBeats News, July 22 — According to The Beijing News, Jingwei Tiandi has announced its entry into the crypto payments sector and will launch its first mobile application, "Fopay," on July 21, 2025, offering a one-stop payment platform.
Fopay is developed based on the concept of stablecoin crypto payments and currently provides stablecoin custody and prepaid card payment functions through several licensed partners. The board believes that launching Fopay and this new business segment will allow the company to explore more business opportunities and benefit shareholders as a whole.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Waiting for the final dip? Morgan Stanley: This round of correction may end with quality stocks catching up with declines
Morgan Stanley strategist Michael Wilson pointed out that the quality factor has risen by about 6% since mid-August, reaching a new 52-week high, while the equal-weighted S&P 500 index has fallen by nearly 4% over the same period. Currently, financial conditions have tightened to their highest levels since 2022, and the outperformance of large-cap stocks is masking a significant pullback in other individual stocks. He stated that medium-term corrections in the stock market often end with a catch-down in high-quality stocks.
Crypto prices
More
