Mercuryo partners with Visa to support global crypto-to-fiat transfers via Visa Direct
Foresight News reported that European crypto payment infrastructure provider Mercuryo has partnered with Visa to offer fast and low-cost global crypto-to-fiat (Off-Ramp) services through Visa's real-time payment platform, Visa Direct. This collaboration allows eligible Mercuryo users to convert their digital tokens into fiat currency and instantly transfer them to their Visa credit or debit cards. The integration will cover non-custodial wallets, exchanges, and payment networks partnered with Mercuryo.
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According to the EIA, for the week ending September 11, U.S. commercial crude oil inventories decreased by 640,000 barrels, which was less than the market expectation of 1.4 million barrels. Strategic Petroleum Reserve inventories fell by 403,000 barrels. Gasoline inventories increased by 794,000 barrels, while the market had expected a decrease of 800,000 barrels. Distillate fuel inventories rose by 1.6 million barrels, with the market expecting no change. Imports of Venezuelan crude oil reached nearly 800,000 barrels, the highest level since 2017.
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