PayPal, MoonPay and M0 launch PYUSDx to let devs issue app-specific stablecoins
PYUSDx lets developers issue app-specific stablecoins backed by PayPal USD with fast launch, cross-chain support and branded token options.
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PYUSDx lets developers issue app-specific stablecoins backed by PayPal USD with fast launch, cross-chain support and branded token options.
The debut comes as major banks and analysts predict major appreciation in the Swiss currency.
While Jack Dorsey cites AI-enabled productivity gains as the reason for Block's cuts, the deeper shift is in payments plumbing: stablecoin settlement threatens to compress the fee stack that fintech a...
The proposal redirects stablecoin arbitrage from institutional market makers to large token holders and links voting rights to capital commitment.
SBI Holdings and Startale Group unveiled a yen-denominated stablecoin, JPYSC, with issuance managed by SBI Shinsei Trust Bank.
The U.S. Office of the Comptroller of the Currency proposed rules that would govern stablecoins, including apparent limits on rewards that may affect Coinbase.
Some senators warned that stablecoin yields could blur the line between crypto products and traditional bank deposits.
It was a green day for stablecoin enthusiasts and crypto majors, and positive earnings from NVDA after hours signal the rally may have legs.
The license allows Gate to execute payment transactions in the EU, including direct debits and credit transfers under PSD2 rules.
The OCC’s proposal to implement the GENIUS Act would bar yield on payment stablecoins and introduce a rebuttable presumption against common issuer–affiliate reward structures.
Initially available to institutions via the AllUnity Mint Platform, CHFAU stablecoin launches under MiCA compliance after securing a license from the German regulator, BaFin.
World Liberty Financial’s USD1 is the fifth-largest stablecoin by market capitalization at $4.7 billion, while USDT is the market leader, followed by USDC.