Recent Bitcoin Gains and SEC Chairman Nominee Anticipated to Lay Strong Foundation for Rezolve Ai’s Vision to Make Crypto Mainstream
Rezolve Ai (NASDAQ: RZLV) sees recent Bitcoin price gains and the nomination of a new SEC chairman as strengthening factors for its vision to mainstream cryptocurrency payments. The company recently partnered with Tether to integrate the Tether Wallet Development Kit into its Brain Checkout platform, aiming to enable seamless cryptocurrency transactions for everyday purchases.
The initiative focuses on eliminating merchant fees through cryptocurrency payments like USD₮ and Bitcoin. By implementing non-custodial crypto wallets directly into the Brain Checkout platform, Rezolve Ai aims to provide consumers with flexibility in cryptocurrency usage for retail transactions.
Rezolve Ai (NASDAQ: RZLV) osserva che i recenti guadagni del prezzo del Bitcoin e la nomina di un nuovo presidente della SEC sono fattori di rafforzamento per la sua visione di rendere i pagamenti in criptovaluta mainstream. L'azienda ha recentemente collaborato con Tether per integrare il Tether Wallet Development Kit nella sua piattaforma Brain Checkout, con l'obiettivo di abilitare transazioni in criptovaluta senza soluzione di continuità per acquisti quotidiani.
L'iniziativa si concentra sull'eliminazione delle commissioni per i commercianti tramite pagamenti in criptovaluta come USD₮ e Bitcoin. Integrando portafogli crypto non custodian direttamente nella piattaforma Brain Checkout, Rezolve Ai mira a fornire ai consumatori flessibilità nell'uso delle criptovalute per le transazioni al dettaglio.
Rezolve Ai (NASDAQ: RZLV) observa que los recientes aumentos en el precio de Bitcoin y la nominación de un nuevo presidente de la SEC son factores que refuerzan su visión de llevar los pagos con criptomonedas al uso cotidiano. La compañía se ha asociado recientemente con Tether para integrar el Tether Wallet Development Kit en su plataforma Brain Checkout, con el objetivo de permitir transacciones de criptomonedas sin problemas para compras diarias.
La iniciativa se centra en eliminar las comisiones de los comerciantes a través de pagos con criptomonedas como USD₮ y Bitcoin. Al implementar billeteras cripto no custodiales directamente en la plataforma Brain Checkout, Rezolve Ai busca ofrecer a los consumidores flexibilidad en el uso de criptomonedas para transacciones minoristas.
레졸브 AI (NASDAQ: RZLV)는 최근 비트코인 가격 상승과 새로운 SEC 의장의 임명이 암호화폐 결제를 주류화하려는 비전의 강화 요소라고 보고하고 있습니다. 이 회사는 최근 테더와 협력하여 테더 지갑 개발 키트를 브레인 체크아웃 플랫폼에 통합하여 일상적인 구매를 위한 원활한 암호화폐 거래를 가능하게 하는 것을 목표로 하고 있습니다.
이 이니셔티브는 USD₮ 및 비트코인과 같은 암호화폐 결제를 통해 상인의 수수료를 없애는 데 중점을 두고 있습니다. 브레인 체크아웃 플랫폼에 직접 비유지형 암호화폐 지갑을 통합함으로써, 레졸브 AI는 소비자에게 소매 거래를 위한 암호화폐 사용의 유연성을 제공하는 것을 목표로 합니다.
Rezolve Ai (NASDAQ: RZLV) considère que les récents gains du prix du Bitcoin et la nomination d'un nouveau président de la SEC sont des facteurs renforçant sa vision de rendre les paiements en cryptomonnaies courants. L'entreprise a récemment établi un partenariat avec Tether afin d'intégrer le Tether Wallet Development Kit dans sa plateforme Brain Checkout, visant à permettre des transactions en cryptomonnaies sans friction pour les achats quotidiens.
L'initiative se concentre sur l'élimination des frais pour les commerçants grâce aux paiements en cryptomonnaies tels que USD₮ et Bitcoin. En intégrant des portefeuilles crypto non custodiaux directement dans la plateforme Brain Checkout, Rezolve Ai vise à offrir aux consommateurs une flexibilité d'utilisation des cryptomonnaies pour les transactions de détail.
Rezolve Ai (NASDAQ: RZLV) sieht die kürzlichen Preisgewinne von Bitcoin und die Ernennung eines neuen SEC-Vorsitzenden als verstärkende Faktoren für seine Vision, Kryptowährungszahlungen zur Norm zu machen. Das Unternehmen hat kürzlich eine Partnerschaft mit Tether geschlossen, um das Tether Wallet Development Kit in seine Brain Checkout-Plattform zu integrieren, mit dem Ziel, nahtlose Kryptowährungstransaktionen für alltägliche Einkäufe zu ermöglichen.
Die Initiative konzentriert sich darauf, die Händlergebühren durch Kryptowährungszahlungen wie USD₮ und Bitcoin zu eliminieren. Durch die Implementierung von nicht verwahrten Krypto-Wallets direkt in die Brain Checkout-Plattform zielt Rezolve Ai darauf ab, den Verbrauchern Flexibilität bei der Nutzung von Kryptowährungen für Einzelhandelsgeschäfte zu bieten.
- Partnership with Tether to integrate Wallet Development Kit into Brain Checkout platform
- Potential reduction in merchant transaction fees through cryptocurrency payments
- Development of non-custodial crypto wallets for retail transactions
- None.
Insights
The integration of Tether's WDK into Rezolve's Brain Checkout platform represents a significant technological advancement in crypto payment infrastructure. Non-custodial wallet integration is particularly noteworthy as it gives users full control over their digital assets while maintaining security. The partnership with Tether, issuer of the world's largest stablecoin by market cap, adds substantial credibility to Rezolve's initiative.
However, the success of this venture heavily depends on merchant adoption and consumer acceptance. While eliminating merchant fees is attractive, the volatility of cryptocurrencies (except stablecoins) and regulatory uncertainties remain significant hurdles. The platform's focus on USD₮ as a payment option is strategically sound, as it combines the benefits of blockchain technology with the stability of fiat currency.
The timing of Rezolve's crypto payment initiative aligns with favorable market conditions, as Bitcoin's recent price surge has renewed mainstream interest in cryptocurrency adoption. However, the company's market cap of
The potential reduction in merchant fees through blockchain technology could disrupt traditional payment processors, but adoption will require overcoming significant regulatory and technical challenges. While the positive crypto market sentiment and potential regulatory clarity from new SEC leadership are supportive factors, the company's ability to scale this technology and achieve widespread merchant acceptance remains uncertain.
LONDON, Dec. 10, 2024 (GLOBE NEWSWIRE) -- With Bitcoin prices recently reaching new heights and the nomination of a forward-thinking commissioner to the U.S. Securities and Exchange Commission (SEC), Rezolve Ai (NASDAQ: RZLV) believes these developments strengthen the foundation for Rezolve Ai’s strategic vision to make cryptocurrency payments a reality for consumers and retailers worldwide.
Rezolve Ai recently announced a new initiative supported by Tether, one of the largest companies in the digital asset industry, to revolutionize retail payments by integrating the Tether Wallet Development Kit (WDK) into Rezolve's Brain Checkout platform (see the full announcement here: www.rezolve.com/tether). This initiative will enable seamless cryptocurrency transactions for everyday purchases, ranging from groceries to transportation and promises to not only mainstream the use of cryptocurrencies like USD₮ and Bitcoin but also eliminate the costly merchant fees that currently hinder retail transactions.
"The surging interest in Bitcoin and the progressive approach signalled by the anticipated leadership of the SEC align with Rezolve Ai's mission to bridge the gap between crypto enthusiasts and everyday commerce," said Daniel M Wagner, CEO of Rezolve Ai. "These market and regulatory shifts underscore the timeliness of our efforts to provide frictionless, decentralized payment solutions for both merchants and consumers."
Rezolve Ai’s initiative is a significant step in its broader goal of integrating advanced AI and blockchain technologies to transform retail payments. By embedding non-custodial crypto wallets directly into its Brain Checkout platform, Rezolve Ai offers consumers the flexibility to use their cryptocurrency of choice, paving the way for global adoption of decentralized payment systems.
For more information on this announcement, visit www.rezolve.com.
About Rezolve Ai
Rezolve Ai (NASDAQ: RZLV) is a leader in AI-powered solutions for commerce and retail, focused on transforming customer engagement, streamlining transactions, and driving revenue growth. The company’s Brain Suite of products - Brain Commerce, Brain Checkout, and Brain Assistant - harness the power of AI to provide personalized, frictionless shopping experiences and improve business outcomes for retailers and brands worldwide. Partnering with industry giants like Tether, Microsoft, and Google, Rezolve is pioneering the future of commerce. For more information, visit www.rezolve.com.
About Tether and USD₮
Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionize the global financial landscape. With a mission to provide accessible and efficient financial, communication, artificial intelligence, and energy infrastructure. Tether enables greater financial inclusion, and communication resilience, fosters economic growth, and empowers individuals and businesses alike.
As the creator of the largest, most transparent, and liquid stablecoin in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance. For more information, visit www.tether.io.
Media Contacts:
Rezolve Ai
Urmee Khan
Global Head of Communications
urmeekhan@rezolve.com
+44 7576 094 040
Investor Relations Contact:
CORE IR
+15162222560
investors@rezolve.com
Forward-Looking Statements
Certain statements in this press release may be forward looking in nature within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “estimate,” “could,” “should,” “intend,” “may,” “plan,” “seek,” “anticipate,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date the statements were made. These forward-looking statements include Rezolve Ai’s statements regarding its beliefs about the impact of recent developments on its cryptocurrency payment initiative, and the capabilities and benefits of it cryptocurrency payment solution on its Brain Checkout platform. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. You are cautioned not place undue reliance on these forward-looking statements. None of Rezolve nor any other person (including Tether) is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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