According to BlockBeats, on September 26, Bloomberg reported that payment giant Worldpay Inc. plans to directly participate in the process of verifying blockchain transactions for the first time to better understand how digital ledgers work.

Sanchit Mall, Worldpay’s head of Web3 and crypto in Asia Pacific, said the payment provider, which supports more than 1 million merchants worldwide, is in discussions with selected blockchains to become a validator. “The idea is to be part of the underlying ecosystem, and as money moves on digital ledgers in the future, Worldpay intends to participate in blockchain infrastructure.”

Mall said it has processed $1.3 billion worth of payments using stablecoins so far this year, up from less than $1 billion in 2023.

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