XDC Ventures invests in ScallopX, bringing XDC and USDC from wallets into payments

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XDC Ventures has made a strategic investment in ScallopX, integrating native XDC and USDC on XDC Network with Scallop prepaid cards, Apple Pay, multi-currency accounts, and cross-border payments. Cross-border payments cover more than 70 markets; ScallopX has announced that it is registered as an MSB in the United States and Canada, and holds a previously disclosed European virtual asset license. The two parties also plan to explore a white-label payments super app for banks, fintech companies, and developers.