Tag: stablecoin

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Coinbase to list PayPal’s PYUSD stablecoin

Coinbase announced on Aug. 30 that it will soon add support for PayPal’s stablecoin, PYUSD, on the Ethereum network as an ERC-20 token. Coinbase...

Binance Phasing Out Support for BUSD Stablecoin by Q1 2024

Binance will delist BUSD as a loanable asset on September 6 and will suspend withdrawals of Binance-pegged BUSD tokens via BNB Chain, Avalanche,...

PayPal Stablecoin PYUSD Trading Volume Tripled in 24 Hours: What Is Happening?

Vladislav Sopov PayPal USD (PYUSD), newly launched stablecoin by US fintech giant PayPal, demonstrates unusual performance in last 24 hours Contents PYUSD sees rocketing trading volume,...

Stablecoin Bill Becomes Political Battleground: Fed And GOP Face Off

Leading Republican House Financial Services Committee members have voiced deep concerns over recent actions taken by the Federal Reserve Board (Fed) that they...

Stablecoin settlements were on par with payments giant Visa during 2022

Stablecoins are making significant waves in the payments sphere, primarily as a vehicle for non-speculative transactions, according to a new report by European...

Top US Crypto Exchange Coinbase Adds PayPal’s Dollar-Backed Stablecoin PYUSD to Listing Roadmap

Coinbase has placed PayPal’s new stablecoin on its listing roadmap, meaning the exchange’s users could soon trade the digital asset. The stablecoin, called PayPal...

Stablecoin Pegged to the Colombian Peso Targets Multi-Billion Dollar Market

Although the lion’s share of the stablecoin market is occupied by USD-pegged assets – with a smaller subset of such pegged to the...

Euro Stablecoin EUROe Launches on Solana, Fiat Gateway Available

Vladislav Sopov First MiCA-compliant stablecoin by Membrana Finance kicks off on Solana (SOL) blockchain, expands to crypto-to-fiat payments app Wirex Contents First euro-pegged stablecoin debuts on...

Top Stablecoin Tether (USDT) Ends Support for Kusama (KSM), Bitcoin Cash (BCH) SLP and Omni Layer (OMNI) Chains

Tether, the firm behind the largest stablecoin by market cap, has officially ended support for three different blockchains. On Thursday, the stablecoin issuer stopped...

Kraken introduces support for PayPal’s stablecoin, PYUSD

Kraken announced on Aug. 18 that it had added support for PayPal’s stablecoin, also known as PayPal USD or PYUSD. The cryptocurrency exchange said...