XDC Ventures Makes Strategic Investment in ScallopX
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On November 2, 2026, Finance Magnates reported that XDC Ventures had made a strategic investment in ScallopX, with plans to integrate native XDC and USDC on the XDC Network with Scallop’s prepaid cards, Apple Pay, multi-currency accounts, and cross-border payment services. The related cross-border payment business covers more than 70 markets. ScallopX has announced that it is registered as a money services business (MSB) in the United States and Canada, and holds previously disclosed European virtual asset licenses. The parties also plan to explore a white-label payments super app for banks, fintech companies, and developers.
AI-written from reports · updated 14 hours ago
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- Finance MagnatesXDC Ventures invests in ScallopX, bringing XDC and USDC from wallets into payments
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.
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