An unprecedented $12 million in RLUSD was redeemed from the XRPL, marking the largest redemption since the stablecoin’s launch last December 2024. Vet (@Vet_X0), a well-known figure in […]
Russia Launches Crypto Exchange for Wealthy Investors under Experimental Rules
In a bid to circumvent international financial restrictions imposed by sanctions, Russia will launch a government-backed crypto exchange specifically designed for wealthy investors. This pioneering project operates under […]
PayPal Launches New PYUSD Rewards Program to Boost Stablecoin Adoption
PayPal is taking a significant step towards promoting the wider adoption of stablecoins with the launch of a new rewards program for its USD-backed token, PYUSD. Users will […]
Bybit Card Introduces USDC Cashback: Earn Rewards in Your Choice of Cryptocurrency
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced a significant upgrade to its Bybit Card offering. Starting April 18th, cardholders can now diversify their cashback earnings […]
PayPal Unveils New PYUSD Rewards Program: Earn 3.7% APY
PayPal is launching a new rewards program for its USD stablecoin, PayPal USD (PYUSD), starting in summer 2025. Users can earn an annual interest rate of 3.7% on […]
PayPal Rewards Users with 3.7% Interest for Holding PYUSD
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 […]