💰 Worldpay, the payments giant, will become a validator on the blockchain 🇬🇧

💰 Worldpay, the payments giant, will become a validator on the blockchain 🇬🇧
The use of stablecoins is rapidly growing and extending beyond the traditional cryptocurrency space. Since the beginning of the year, Worldpay has processed payments with stablecoins totaling $1.3 billion USD.

🔠 What’s the benefit❓ Validators play a key role in ensuring that specific standards are met and are responsible for maintaining the integrity of digital records. To do this, they lock up a portion of their cryptocurrency on the blockchain, a process known as staking. In return, they earn fees for monitoring and verifying transactions. Some of the most well-known cryptocurrency validators include Coinbase, Metamask, Helius, and Galaxy Digital.

🔠 Worldpay had previously collaborated with other companies on cryptocurrency-related initiatives. On March 7, 2024, it signed a partnership agreement with the payment provider Web3 Wert to offer access to JCB, Amex, and Discovercardholders, thereby promoting Web3 adoption.

🔠 Important note: Worldpay became an independent company in February, after its former owner, FIS, completed the sale to the U.S. private equity firm GTCR 🇺🇸. FIS had originally acquired Worldpay in 2019.

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