The U.S. Congress is currently considering legislation to regulate stablecoins, with the GENIUS Act and STABLE Act being two key proposals. However, experts like Jennifer J. Schulp, Director […]
Decoding Stablecoins: Types, Mechanics, and Challenges
Stablecoins have emerged as a cornerstone of the cryptocurrency world, offering price stability amid market volatility. They work by linking their value to stable assets like fiat currencies […]
Understanding Stablecoins: The Backbone of Crypto Stability
Stablecoins have become crucial in the cryptocurrency ecosystem, providing price stability within a volatile market. These digital assets are pegged to stable assets like fiat currencies or commodities, […]
Coinbase and PayPal Enhance PYUSD Conversion Access, Boosting Global Digital Currency Adoption
Coinbase and PayPal have forged a new partnership to offer free conversion of USDP stablecoin PYUSD between USD and PYUSD. This initiative is part of a broader effort […]
Upbit and Bithumb Halt SNX Deposits Amid sUSD Volatility Concerns
South Korea’s leading crypto exchanges, Upbit and Bithumb, suspended Synthetix (SNX) token deposits after a warning from the Digital Asset Exchange Alliance (DAXA). The DAXA added SNX to […]
Ripple’s Stablecoin RLUSD Soars 45%, Outpacing XRP Despite Price Dip
Ripple’s USD-pegged stablecoin, RLUSD, has experienced a significant surge in trading volume, rising by a remarkable 45% over the last 24 hours. This jump is attributed to increased […]
Coinbase and PayPal Enhance Stablecoin Integration for Smooth Crypto Transactions
PayPal and Coinbase have deepened their partnership to drive innovation in stablecoin solutions. Coinbase’s launch of zero-fee PYUSD conversions, allowing users to convert funds without incurring extra costs, […]
Ethena’s USDe Drives USDT Demand, Raises Questions About Stablecoin Competition
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 […]