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PayPal’s PYUSD stablecoin hits $1B market cap
26.8.2024
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT
PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
26.8.2024
The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token's growth
Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year
26.8.2024
On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $1 Billion Market Cap Recent...
Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
26.8.2024
Wyoming plans to launch a dollar-based stablecoin, the Wyoming Stable Token, in Q1 2025. The digital asset aims to provide faster and cheaper transactions for individuals and businesses in the state. Governor Mark Gordon emphasizes the importance of adopting this “dollar-dependent”...
Stablecoin market cap hits new all-time high amid 11 months of growth
26.8.2024
The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history.
Stablecoin market cap hits new all-time high amid 11 months of growth
26.8.2024
The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history.
Wyoming to Launch US Dollar Pegged Stablecoin in Q1 2025
26.8.2024
Wyoming is all set to launch its own US dollar-pegged stablecoin, called the ‘Wyoming stable token’, in the…
Latam Insights: El Salvador Offers Bitcoin Instruction to 80,000 Public Servants; Mercado Libre Launches Stablecoin
26.8.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public servants, Mercado Libre launches an in-house developed dollar-pegged stablecoin, and Paraguay keeps...
DMM Group and Progmat Collaborate to Create a Regulated Stablecoin
25.8.2024
Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and entertainment. DMM Crypto, a subsidiary of DMM Group, expects...
Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
24.8.2024
The most recent seizure of $5 million USDT from pig-butchering scams marks a "significant victory" in the ongoing fight against cyber fraud, according to Tether
Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014
24.8.2024
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether
Tether has ‘redistributed’ $108.8M in USDT from illicit activity since 2014
24.8.2024
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether
Progmat, DMM partner to introduce stablecoin for Seamoon Protocol
23.8.2024
The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.
Progmat, DMM partner to introduce stablecoin for Seamoon Protocol
23.8.2024
The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.
Stablecoin Market Grows by $1.3B in 5 Days as Tether Leads the Charge
23.8.2024
Over the past five days, the stablecoin market has continued its upward trend, increasing by $1.3 billion in value. The largest stablecoin network by market capitalization, tether (USDT), experienced an expansion of 820 million in supply during this period. Tether’s Supply Swells by 820M...
Russia Plans to Peg China’s Yuan to its New Stablecoin
23.8.2024
According to a Kommersant source, Russia has revealed plans to launch two State-linked crypto exchanges to incorporate digital…
Tether shuns blockchain launch, cites market concerns
23.8.2024
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms
Yellow Card, Fireblocks Partner to Streamline African Cross-Border Payments
23.8.2024
Yellow Card, a leading stablecoin platform, has partnered with Fireblocks, a digital asset infrastructure provider, to improve cross-border transactions in Africa. By leveraging Fireblocks’ technology, Yellow Card aims to provide secure and efficient on-chain solutions for businesses...
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
23.8.2024
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
Paypal Launches PYUSD Rewards Program With Anchorage Digital
23.8.2024
Anchorage Digital has launched its first stablecoin rewards program for Paypal USD (PYUSD) holders, offering institutions a secure way to earn rewards. Available through Anchorage Digital’s platform and the Porto self-custody wallet, the program emphasizes security by avoiding...