Bitcoin.com News
Bitcoin.com News|Mar 14, 2025 07:33
🇧🇷 Stark Bank is making waves in Brazil's crypto scene! Backed by Jeff Bezos' family offices, this payment processing startup is helping cryptocurrency businesses overcome hurdles with traditional financial institutions. 💳 Founder Rafael Stark revealed that out of 800 customers, 52 are crypto startups, including major players like Binance and Mercado Bitcoin. He noted that the push from Donald Trump has made the crypto business more appealing in Brazil. 🌍 In 2024, Stark Bank processed over 48 billion in payments, supporting companies often overlooked by traditional firms. While Stark acknowledges their relevance in the crypto payments space, competition is heating up as traditional institutions eye the market. 📈 However, the public sector remains cautious. What do you think about the future of crypto payments in Brazil? Let us know your thoughts
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