Guy Young, founder of Ethena Labs, has claimed his synthetic dollar, USDe, benefits Tether stablecoin issuer by increasing demand for USDT. He argues that every unit of USDe […]
USDC Staking vs. Savings Accounts: Navigating Higher Returns in a Volatile Economy
Amidst global economic uncertainty driven by President Biden’s aggressive tariff policies, impacting trade and potentially triggering recessions, investors are exploring new avenues to maximize returns on their savings. […]
ING Launches Euro-Backed Stablecoin, Challenging US Dollar’s Grip on Digital Finance
In a significant move towards greater financial autonomy within the digital economy, ING has partnered with crypto firms to launch a euro-backed stablecoin. This initiative marks a crucial […]
Korea’s DAXA Flags Synthetix Following sUSD Depegging
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 […]