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 […]
PayPal Explores 3.7% Yield on PYUSD to Boost Adoption
PayPal Holdings Inc. is exploring offering a 3.7% annual yield on its stablecoin, PYUSD, issued by Paxos Trust Company LLC, to encourage wider adoption. If implemented, this move […]
Synthetix’s sUSD Stablecoin Regains Peg, Challenges Explained by Founder
Synthetix founder Kain.eth confirmed that the stablecoin sUSD has fully re-established its peg, currently valued at $1.05. Kain.eth highlighted how Synthetix’s debt pool design and staking incentives, while […]
Banque de France Raises Alarm Over Trump’s Stablecoin Push, Calls for Digital Euro
Denis Beau, deputy governor of the Banque de France, has warned that the recent US executive order promoting dollar-backed stablecoins could negatively impact Europe’s financial independence. He emphasizes […]
Concordium Welcomes Four New Stablecoins to Its Enterprise-Focused Platform
Enterprise blockchain platform Concordium is expanding its capabilities by welcoming four new stablecoin issuers. These include Noon, Deep Blue, Agant, and AEDX. All of these stablecoins will be […]
MoonPay Acquires Iron to Enhance Stablecoin Services for Enterprises
MoonPay has announced the acquisition of Iron, a company specializing in stablecoin solutions. This strategic move will bolster MoonPay’s offerings and enable it to provide robust and efficient […]