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On Thu, 27 Feb, 12:14 AM UTC
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[1]
Rezolve AI comments on Paypal's recent stablecoin initiative By Investing.com
PayPal Holdings Inc.'s recent launch of its PYUSD stablecoin initiative shows that the strategy Rezolve Ai (RZLV) has been pioneering in cooperation with Tether - one of the largest companies in the digital asset industry - is gaining traction throughout the market. As PayPal moves into crypto payments, Rezolve Ai's believes its foresight in enabling stablecoin transactions for everyday commerce is further validated, reinforcing its position as the leader in blockchain-powered retail solutions. Rezolve Ai's braincheckout solution, being developed in collaboration with Tether, is designed to make crypto transactions as seamless as traditional payments. By integrating a non-custodial crypto wallet directly into its platform, Rezolve Ai aims to eliminate friction, reduce transaction costs, and enable merchants to accept digital currencies without exposure to fees or volatility risks. "We view PayPal's move into stablecoin payments as a clear validation of our vision," said Daniel M Wagner, CEO of Rezolve Ai. "We recognized early on that crypto wasn't just for speculation - it's the future of commerce. Now, as PayPal moves to follow our lead, it's clear that stablecoins are on the verge of mass adoption." Unlike PayPal's centralized model, Rezolve Ai's approach gives consumers and retailers true flexibility, allowing them to transact without relying on intermediaries or paying excessive fees. As digital assets continue to reshape global financial systems, Rezolve Ai is ensuring that businesses worldwide can fully capitalize on blockchain-powered commerce - without the barriers of legacy payment networks.
[2]
Rezolve Ai advances in crypto commerce as PayPal enters stablecoin space By Investing.com
NEW YORK - Rezolve Ai (NASDAQ: RZLV), a leader in AI-powered retail solutions currently trading at $2.23 per share, has highlighted the growing momentum in the cryptocurrency payments sector with the announcement of PayPal Holdings Inc (NASDAQ:PYPL).'s entry into stablecoin payments. According to InvestingPro data, the company's stock has experienced significant volatility, declining over 78% in the past six months. Rezolve Ai's ongoing development of its 'braincheckout' solution, in partnership with Tether, aims to streamline cryptocurrency transactions for everyday commerce, making them as simple as traditional payment methods. According to Rezolve Ai, this move by PayPal serves as a validation of its long-held belief that cryptocurrencies, particularly stablecoins, are not just for investment but are the future of commerce. The company's CEO, Daniel M. Wagner, stated that PayPal's initiative confirms the potential for mass adoption of stablecoins. Rezolve Ai's platform, which is being co-developed with Tether, intends to incorporate a non-custodial crypto wallet to minimize transaction friction, cut costs, and allow merchants to accept digital currencies without the usual fees or volatility risks. The company maintains an impressive gross profit margin of 77%, though InvestingPro analysis reveals challenges with short-term obligations exceeding liquid assets. This contrasts with PayPal's centralized model, offering consumers and retailers more flexibility by enabling transactions without intermediaries and reducing excessive fees. The company emphasizes its commitment to removing the barriers presented by legacy payment networks and ensuring that businesses worldwide can leverage blockchain-powered commerce. This press release statement also contains forward-looking statements regarding Rezolve Ai's expectations for the development and launch of its crypto payment platform in 2025. However, it acknowledges that actual results may differ due to various factors, including competition, regulatory changes, and market conditions. Rezolve Ai specializes in AI-powered solutions that enhance customer engagement, operational efficiency, and revenue growth. Its Brain Suite offers advanced tools that utilize artificial intelligence to optimize processes and enable seamless digital experiences. Investors and media are directed to Rezolve Ai's website for more information about its services and developments in the crypto payment space. With analysts forecasting sales growth and 10+ additional exclusive insights available on InvestingPro, investors can access comprehensive analysis to make informed decisions about RZLV's potential in the evolving crypto payments landscape. In other recent news, Rezolve Ai has announced a $1 billion investment in Bitcoin, partnering with Tether to establish a crypto payment platform. The initiative aims to integrate AI, blockchain technology, and cryptocurrency into global commerce, starting with an initial $100 million investment in Bitcoin. Rezolve Ai has also agreed to acquire GroupBy Inc., enhancing its capabilities in site search and merchandising, which is expected to expand its North American footprint and open new growth opportunities. The acquisition includes equity participation from private equity investors, signaling confidence in Rezolve Ai's strategic direction. Additionally, the company has secured a $30 million loan from Berenberg to support expansion and product innovation, highlighting its financial health and growth prospects. Rezolve Ai's technology now reaches over 16 million mobile devices, with brands like Dunkin' and BJ's Wholesale Club (NYSE:BJ) utilizing its solutions for improved customer engagement. The company is also poised for growth with the Stargate AI project, a $500 billion investment in AI infrastructure, which aligns with its strategic partnerships with Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL). These developments reflect Rezolve Ai's ongoing efforts to redefine retail engagement through AI-driven solutions.
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Rezolve AI highlights its pioneering role in crypto payments following PayPal's stablecoin launch, emphasizing its partnership with Tether and plans for a seamless 'braincheckout' solution.
Rezolve AI (NASDAQ: RZLV), a leader in AI-powered retail solutions, has highlighted the growing momentum in the cryptocurrency payments sector following PayPal Holdings Inc.'s recent launch of its PYUSD stablecoin. The company views this development as a validation of its long-held strategy in enabling stablecoin transactions for everyday commerce 1.
Daniel M Wagner, CEO of Rezolve AI, stated, "We view PayPal's move into stablecoin payments as a clear validation of our vision. We recognized early on that crypto wasn't just for speculation - it's the future of commerce" 1.
In collaboration with Tether, one of the largest companies in the digital asset industry, Rezolve AI is developing its 'braincheckout' solution. This platform aims to make crypto transactions as seamless as traditional payments by integrating a non-custodial crypto wallet directly into its system. The solution is designed to:
Unlike PayPal's centralized model, Rezolve AI's approach offers consumers and retailers greater flexibility. It allows transactions without relying on intermediaries or incurring excessive fees. The company emphasizes its commitment to removing barriers presented by legacy payment networks and ensuring businesses worldwide can leverage blockchain-powered commerce 1.
According to InvestingPro data, Rezolve AI's stock has experienced significant volatility, declining over 78% in the past six months. However, the company maintains an impressive gross profit margin of 77%. Recent developments include:
Rezolve AI's press release includes forward-looking statements regarding the development and launch of its crypto payment platform in 2025. However, the company acknowledges that actual results may differ due to various factors, including competition, regulatory changes, and market conditions 2.
As the cryptocurrency payments landscape continues to evolve, Rezolve AI positions itself at the forefront of blockchain-powered retail solutions. The company's strategic partnerships, including those with Microsoft and Google, along with its involvement in the Stargate AI project, reflect its ongoing efforts to redefine retail engagement through AI-driven solutions.
Reference
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Rezolve AI partners with Tether to integrate cryptocurrency payments into everyday shopping, potentially transforming the retail landscape. This collaboration comes as the Trump Administration designates cryptocurrency as a national priority.
3 Sources
3 Sources
Rezolve AI, recognized as a "Next Big Winner" in AI by MarketBeat, closes 2024 with significant milestones including partnerships with tech giants and improved financial health, setting the stage for potential breakout growth in 2025.
2 Sources
2 Sources
Rezolve AI, a leader in AI-powered commerce solutions, has announced strategic partnerships with Creative Dock and OXID to enhance e-commerce capabilities and expand its market reach.
3 Sources
3 Sources
Rezolve AI, a leader in retail artificial intelligence, announces plans to align with government efficiency initiatives, showcasing its AI-powered e-commerce solutions that could potentially replace traditional search and filter methods.
3 Sources
3 Sources
Rezolve AI, a leader in AI-powered retail solutions, announces its vision for 2025, emphasizing partnerships with Microsoft and Google, innovative AI technologies, and expansion in the global retail market.
6 Sources
6 Sources
