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Bitcoin Daily: Circle Maps.me Team To Expand DeFi Availability; Crypto-Asset Platform Voyager Digital To Pay NASCAR Driver With Crypto

Bitcoin Daily: Circle, Maps.me Team To Expand DeFi Availability; Crypto-Asset Platform Voyager Digital To Pay NASCAR Driver With Crypto

June 18, 2021 at 01:57AM
by PYMNTS

Circle, a global FinTech, has partnered with Maps.me to offer access to a decentralized finance (DeFi) ecosystem for consumers using digital currency USD Coin (USDC), according to a press release.

That will come with less expensive ways to pay, transfer and invest in USDC, the release stated. There will also be special discounts and benefits, alongside the overall benefit of users being able to transfer in a more personal way between each other instead of via financial institutions (FIs).

In other news, a new sponsorship deal for NASCAR driver Landon Cassill will see him paid in full in cryptocurrency, according to a press release.

The payment will be led by Litecoin (LTC) and the Voyager Token (VGX), and the sponsored car is fielded by JD Motorsports, the release stated.

Cassill will be racing the No. 4 car customized with a full brand wrap by Voyager, according to the release. It will be driven across 16 states in the NASCAR Xfinity Series.

Cassill said in the release he is “thrilled” about the opportunity.

“The Voyager platform offers a vast selection of coins on which to buy and earn interest, giving everyday investors access to wealth-building opportunities,” he said in the release. “Crypto is changing the game for so many people and is the reason I’ve accepted this sponsorship 100 percent in cryptocurrencies and will be representing Voyager this season.”

Meanwhile, ZoidPay has rolled out a new program in which consumers will be able to spend digital currencies at various big retailers, according to a press release.

The news comes as a Mastercard survey shows 67 percent of millennials have been more open to cryptocurrency now as opposed to a year ago, the release stated.

ZoidPay wants to close the gap by leveraging its eCommerce programs to make crypto spending more mainstream, according to the release. The company’s next development will constitute a Google Chrome extension, allowing for consumers to buy anything from anywhere via cryptocurrencies.

Lastly, cryptocurrency use is up by quite a bit, according to a new U.K. Financial Conduct Authority (FCA) study, as 2.3 million people now own the currency. That’s up from 1.9 million in 2020.

In addition, 78 percent of adults have now heard of cryptocurrencies, according to the study.