This week’s Crypto Biz examines concerns over chip shortages and sustainability issues for crypto miners, Telegram’s new ad platform, Kraken’s expansion into institutional investors, and more.
A recent survey by Ripple and the United States Faster Payments Council indicates that U.S. financial institutions are increasingly using blockchain technology.
Companies working on business-to-business (B2B) solutions in the U.S. represent over 40% of the participants in the survey, which interviewed more than 100 payments executives and leaders.
For those with crypto payment products already in use, 37% have a B2B use case. Established use cases between the participants include peer-to-peer and account-to-account transfers, as well as payroll solutions, claims the report.
