Worldpay enters blockchain validation, deepening its role in digital transaction systems.
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Worldpay Inc., a global payments provider, is diving into blockchain infrastructure by working to verify blockchain transactions. This move will help the company better understand digital ledgers and how financial transactions move through these systems.
Worldpay also plans to engage directly in blockchain validation, verifying and authenticating transactions on a blockchain.
Sanchit Mall, Worldpayâs web3 and crypto lead for the Asia-Pacific region, said the firm is talking with several blockchain platforms to act as a validator. Mall added that the company wants to play a key role in the ecosystem as funds move across digital ledgers in the future.
In 2024, Worldplay processed $1.3 billion in stablecoin payments, up from less than $1 billion the previous year. While this is a small fraction of the firmâs total annual processing of $2.3 trillion in payments, it shows a growing interesâŠ
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