Crypto lender BlockFi now supports cash transfers via Silvergate Bank

Crypto lender BlockFi is now letting users buy crypto via cash and then earn interest on that crypto. “Initially, only USD is supported and funds wired to BlockFi will be instantly converted to Gemini Dollar (GUSD) and held in clients’ interest accounts earning 8.6% APY,” Zac Prince, founder and CEO of BlockFi, told The Block.

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BitPay adds support for XRP

Blockchain payments processor BitPay has added support for XRP, the world’s third-largest cryptocurrency by market capitalization. XRP has been integrated on BitPay’s platform via Ripple’s open developer platform, Xpring. The two companies first partnered on the initiative in October. At the time, Sean Rolland, BitPay’s director of product, said that XRP can offer a payment […]

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