Woolies fights Visa, Mastercard with QR codes | Insta testing NFTs | Major stablecoin loses stability

Woolies is going to let customers pay with QR codes, as it tries to turn up the heat against card giants like Mastercard and Visa.

Instagram will begin testing NFTs user profiles this week, so that you can now have your Bored Ape in your profile picture (but not everyone in the decentralised world of Web3 is happy about Zuck coming in).

UST, one of the largest crypto stablecoins, has just sank below 70 cents in value - which is very interesting... since it’s meant to remain at its intended $1 peg.

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