fiat
Coverage of fiat in the Nexus archive.
- Fiat launching tiny European EV in the US with low price tag — but there’s a catch
Fiat is introducing a compact European electric vehicle (EV) in the US market with a low price, though the article notes there is a catch. The EV measures 8 feet in length, weighs 1,073 pounds, and offers up to 46 miles of range on a 5.4-kilowatt-hour lithium-ion battery.
- Roundup: New Fiat EV / Microsoft using its own AI / Workforce housing
Fiat launches a $13,995 electric vehicle in the U.S. for private communities and golf courses. Microsoft is replacing third-party AI models with its own in apps like Excel and Outlook to cut costs. Caddo Parish halted a workforce housing regulation due to legal concerns tied to projects like the Amazon data center.
- Stablecoin compliance startup Range raises $8.3 million from fintech and crypto VCs
Stablecoin compliance startup Range has raised $8.3 million from fintech and crypto venture capital firms. The company's CEO, Andres Monteoliva, stated that stablecoins and fiat are converging, necessitating a unified platform to manage both safely and at scale.
- Waking up to the FIAT scam.
The article discusses a scam related to FIAT, with a submission by user /u/xtexm and links to comments. The scam's details are not specified, but it appears to be a warning or expose. The context is unclear without more information.
- Converting crypto to fiat - tested different methods and here's what's actually cheapest
The author tested different methods to convert cryptocurrency to fiat and found that the cheapest way depends on the size of the withdrawal, with smaller cash outs working better through P2P/stablecoins and larger withdrawals being cheaper through direct bank transfers. The author also emphasized the importance of crypto wallet usability. The method that works best for the user depends on their priorities, whether it's lowest fees, speed, or convenience.
- Inflation Causes Unnecessary Consumption
The article argues that inflation drives overconsumption by eroding savings' value, incentivizing people to spend on unnecessary items. It contrasts this with Bitcoin's low time preference, which encourages saving over spending.
- Merchants now only need one PoS for bitcoin and fiat.
Merchants can now use a single point-of-sale (PoS) system, LNbits, to handle both bitcoin and fiat transactions. The system is described as free and open-source software (FOSS), easy to operate, and a cutting-edge solution for merchants.
- MoonPay launches fiat-to-stablecoin virtual accounts in New York
MoonPay has expanded its virtual accounts product to New York, enabling businesses to convert fiat currency into stablecoins and settle funds without prefunding across jurisdictions.
- Nium taps Coinbase to add USDC into global payments network
Nium has partnered with Coinbase to integrate USDC-based cross-border payments into its global network, enabling businesses to settle transactions in fiat or stablecoins without requiring prefunded accounts.