PayPal’s new PYUSD stablecoin faces legal and usability issues
PayPal’s new PYUSD stablecoin was recently unveiled, intending to revolutionize digital payments. However, the new cryptocurrency has encountered...
Stablecoin
Stablecoin
Bank of America Asseses significance of PayPal USD stablecoin
The Fednow payments platform and Paypal’s USD stablecoin both received analysis from Bank of America last week. The...
MiCA’s Transaction Cap on Stablecoin Could Impede Crypto Adoption
In a move aimed at regulating the rapidly growing cryptocurrency market, the Markets in Crypto-Assets Regulation (MiCA) was...
Redemptions plague stablecoin economy with $2 billion lost in a month
In a shocking turn of events, the stablecoin economy lost over $2 billion during the month of June...
Japan lifts stablecoin ban: Banks Gear Up for Digital Currency Adoption
Japan lifts the stablecoin ban, signaling a significant turning point in the country’s cryptocurrency landscape. The move comes...
Circle launches Euro-Pegged Stablecoin on Avalanche Blockchain
In a move aimed at increasing the accessibility and utility of digital assets, Circle, a leading global financial...
Holders burn over two billion USDC tokens in a single day
In a significant move for the cryptocurrency market, over two billion USDC stablecoin tokens were burnt in a...
NAB joins the list of major financial institutions to use the Ethereum blockchain
This morning, the National Australia Bank (NAB) said it completed an intra-bank cross-border transaction using its self-issued stablecoins, claiming to be...
Coinbase officially halts Binance USD Stablecoin Trading
The suspension is based on the internal monitoring process of Coinbase, which found that the Stablecoin (BUSD) doesn’t...
USDC has nearly regained parity with the US dollar after Feds bailout announcement
The stablecoin issued by Circle, USDC, has nearly regained parity with the US dollar after rising just above...