PayPal launches its own dollar-backed stablecoin - CNBC
Aug 10, 2023 · PayPal is now the first U.S. financial firm to launch its own stablecoin. Here's what to know about the dollar-pegged digital token.
Latest Stablecoins News | Forbes Digital Assets
Jun 10, 2024 · Stay ahead in the crypto world with cutting-edge Stablecoin news. Come and discover game-changing insights for your cryptocurrency investing strategies.
PayPal's stablecoin is first dollar-backed digital currency from a ...
Aug 7, 2023 · The market cap for USD Coin (USDC), the biggest dollar-backed stablecoin issued by a U.S. company, has dropped about 41% since Jan. 1, according to CryptoQuant. USDC is managed by a consortium...
Stablecoin Market Starts Expanding as Tether [USDT] Hits All ... - CoinDesk
Dec 5, 2023 · Stablecoin market cap expanded for the first time since May 2022, with Tether's USDT being the main beneficiary, rising to an all-time high supply of nearly $90 billion.
Stablecoin News by Cointelegraph
Nov 5, 2024 · Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump’s presidency.
Singapore among world's first to agree to stablecoin crypto …
Aug 15, 2023 · Key Points. Singapore’s financial regulator on Tuesday said it had finalized rules for a type of digital currency called stablecoin. Reserves that back stabelcoins must be held in low-risk and...
Stablecoins Boost Crypto Market With $3.2B USDT Inflows
21 hours ago · The growth in stablecoin active addresses, up 14% to 26.7 million, suggests a broadening user base as well. While the supply of stablecoins has also expanded by 7% to $174.4 billion, the rapid growth in transaction volume and active addresses indicates that the increased demand is the primary driver of the market’s expansion.
PayPal launches dollar-backed stablecoin, boosting shares
Aug 7, 2023 · Payments giant PayPal said on Monday it has launched a U.S. dollar stablecoin, becoming the first major financial technology firm to embrace digital currencies for payments and transfers.
Stablecoin Tether's reserves hit record $86.5 billion in second …
Jul 31, 2023 · The world's largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion "operational profit", a 30% increase...
Tether, Kraken Invest in EU Stablecoin Issuer as Rules Loom
1 day ago · Tether Holdings Ltd. is among the backers of a new European stablecoin, investing at a time when the issuer may be forced to exit the bloc under new rules. Quantoz Payments, a Dutch blockchain ...
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