PayPal is launching a new program this summer that will pay users 3.7% interest on their PYUSD balances. The move aims to incentivize adoption and solidify PayPal’s position […]
Record-Breaking RLUSD Burn Sparks XRP Price Surge
A record-breaking 12 million RLUSD tokens were recently burned on the XRP Ledger, marking a significant milestone in the stablecoin’s history. This massive burn follows rising demand for […]
PayPal Unveils 3.7% Rewards for PYUSD Holders
PayPal has introduced a new rewards program, offering users holding its stablecoin, PYUSD, a 3.7% interest rate. This move aims to increase user engagement and adoption of PYUSD […]
Ripple Burns $12 Million in RLUSD Tokens, Nears $300M Market Cap
Ripple has taken a decisive action by burning 12 million Ripple USD (RLUSD) tokens. This strategic move aims to manage the stablecoin’s supply and maintain a balanced ecosystem. […]
PayPal Unveils High-Yield Stablecoin Program for US Users
PayPal has launched a new program offering 3.7% annual returns on holdings of its stablecoin, PayPal USD (PYUSD), available to users in the United States. The program will […]
12 Million RLUSD Burned from Ripple Ecosystem – Impact on Market Remains to be Seen
A significant event occurred within the Ripple ecosystem as 12 million RLUSD tokens were permanently burned. This action, executed on April 22, 2025, at 02:05 AM (UTC+3), took […]
Ripple’s RLUSD Burn-and-Mint Strategy Drives 200% Trading Volume Surge
Ripple has implemented a strategic burn-and-mint approach with its RLUSD stablecoin, resulting in a significant surge of trading volume. The company permanently removed 12 million RLUSD tokens, aiming […]
PayPal Unveils 3.7% Annual Yield on PYUSD Stablecoins
PayPal is offering a 3.7% annual interest rate on its USD-backed stablecoin, PYUSD, for US users starting this summer. This move positions PYUSD as a contender in the […]
Ripple USD Trading Surges 100% Amid Market Uncertainty, Security Alert Emerges
Ripple’s USD stablecoin (RLUSD) has experienced a significant surge in trading volume, increasing by over 100%, reaching $41.05 million on April 21. This jump coincides with market volatility […]
Tether, SoftBank Join Forces to Launch Bitcoin Company ‘Twenty-One’
Joining forces, Tether, the issuer of USDT stablecoins, along with Softbank Group and Jack Mallers, have launched a new company called Twenty-One focused on Bitcoin. This venture is […]
PayPal Launches 3.7% Yield Program for PYUSD Stablecoin, Enhances Adoption
To boost its stablecoin’s adoption in a competitive market, PayPal is offering a 3.7% yield on PYUSD. The program will provide users with daily accrued rewards, paid out […]
Synthetix Revamps Incentives to Revert sUSD Peg
Synthetix founder Kain Warwick announced new incentives for stabilizing the sUSD peg, aiming to enhance its economic structure and community confidence. The strategy combines both positive incentives like […]
Beyond the Peg: Synthetic Dollars Redefine Stablecoins
Stablecoins have exploded in popularity over the past five years, becoming a cornerstone of crypto adoption. However, beneath this growing market lies a potential problem: reliance on centralized […]
Tether Invests in Fizen to Boost Stablecoin Payments
Tether has partnered with Fizen Limited, a fintech company specializing in blockchain-based payment solutions, to enhance stablecoin payments globally. This investment aims to simplify the use of Tether’s […]
Vineeth Bhuvanagiri Joins Anzens Inc. as CEO, Sets Course for USDA Growth
Leading stablecoin issuer Anzens Inc. welcomes Vineeth Bhuvanagiri as its new CEO, marking a significant move that sees him co-lead Encryptus, the parent company of Anzens. Bhuvanagiri’s decade-long […]