Synthetix has been placed under scrutiny by the Digital Asset Exchange Association of Korea (DAXA) following a depegging event for its stablecoin, sUSD. This action resulted in Korean […]
PayPal Launches Interest-Earning Program for PYUSD
PayPal has announced a new program that will reward U.S. users who hold its stablecoin, PYUSD, with 3.7% annual percentage yield (APY). This interest-like reward accrues daily and […]
PayPal Announces PYUSD Rewards Program: Boosting Stablecoin Adoption
PayPal is set to launch a new rewards program for its PYUSD stablecoin this summer, aiming to increase adoption and usage globally. The program offers users an attractive […]
PayPal Offers 3.7% Annual Yield on PYUSD Stablecoin Balance
PayPal is introducing a 3.7% annual yield for users holding PYUSD stablecoins, aiming to boost the adoption of this asset within its platform. This move signifies PayPal’s commitment […]
PayPal Launches New Rewards Program for Stablecoin Holders
PayPal has introduced a new program offering U.S. users an annual return of 3.7% on their stablecoins, including PayPal USD (PYUSD). The program, launching this summer, allows users […]
PayPal Unveils 3.7% Rewards on PYUSD for U.S. Users
PayPal is launching a new program this summer that rewards U.S. customers with 3.7% annual interest on their balances held in the PayPal USD (PYUSD) stablecoin. The program […]
Tether Hits New Record High, Market Cap Surpasses $145 Billion
Tether has reached a historical peak in its market cap, surpassing the $145 billion mark. This significant growth reflects strong institutional trust and confidence in the stablecoin’s stability. […]
TRON Dominates Stablecoin Transactions on Transak
Transak’s Q1 2025 data reveals TRON as the leading platform for USDT transactions, capturing a staggering 46% of all activity. This significant market share underscores TRON’s vital role […]
Ripple’s Strategic Token Burn Boosts RLUSD Activity
Ripple has taken a significant step to increase the reach and demand for its stablecoin, RLUSD. Through a strategic token burn of 12 million tokens from circulation, Ripple […]
PayPal Offers High Yield on PYUSD to Boost Stablecoin Adoption
PayPal is incentivizing stablecoin adoption by offering a 3.7% annual yield on its PYUSD token, aimed at bolstering user engagement and shifting usage beyond just crypto transactions. The […]
Concordium Ushers In New Era of Stablecoin Finance With Four Major Issuers
Concordium is making significant strides in the stablecoin landscape, welcoming four prominent stablecoin issuers to its platform. This announcement marks a pivotal expansion of its PayFi ecosystem, ushering […]
Hermetica Launches Version 2.0: Ushering in a New Era of Transparency for Bitcoin-Backed Finance
Hermetica, a pioneering stablecoin issuer backed by Bitcoin, has unveiled its upgraded platform, version 2.0. This significant update introduces a sleek, institution-grade interface while delivering unprecedented real-time transparency […]
PayPal Unveils 3.7% Yield on Stablecoin Balances: A New Incentive for Users
PayPal, the prominent payment platform, is set to launch a new incentive program that offers users a 3.7% yield on balances held within its own stablecoin, PayPal USD […]
Falcon Finance and Pendle Team Up to Enhance Stablecoin Yields
Falcon Finance has partnered with Pendle, a decentralized finance platform, to integrate its yield-bearing stablecoin, $sUSDf, into its platform. This integration brings new opportunities for users to generate […]
Four Stablecoins Launch on Concordium L1: Expanding PayFi Ecosystem
Concordium blockchain has welcomed four leading stablecoin platforms to its network. Agant, Noon, Deep Blue, and AEDX have chosen Concordium’s Protocol-Level Token technology to issue their assets directly […]