RE: Satoshi pay / Vortex in Brazil19 Mar 2025 07:54
Positive RNS:
“ Blue Star Capital plc (AIM: BLU), the investing company with a focus on blockchain, esports and payments, is pleased to note the announcement by SatoshiPay Ltd ("SatoshiPay"), its investee company, that on 18 March 2025, Vortex, a project incubated by SatoshiPay, launched in Brazil.
Vortex is a decentralised exchange platform incubated by SatoshiPay, designed to enhance global payments by bridging stablecoins with local fiat currencies. This launch will help facilitate immediate conversions of USD Coin (USDC) and USDT (Tether), US stablecoins, into Brazilian real (BRL), via PIX, Brazil's instant payment system created and managed by the Central Bank of Brazil.
This will allow Vortex to integrate directly with Brazil's financing infrastructure, and facilitate the real time transfer of crypto based stable coins into BRL
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained in this announcement is of a non-regulatory nature.”
This is very encouraging demonstrating good progress.