PayPal Confident in Its Stablecoin Despite Sector Complexity
PayPal Holdings Inc (NASDAQ: PYPL) has entered the stablecoin domain, marked by the launch of its very own dollar-pegged digital asset, PayPal USD.
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Tether Holdings Surpasses $3 Billion in Excess Reserves, Reports $1 Billion Q2 Profit
Tether Holdings, the company behind the world’s largest stablecoin, Tether USD (USDT), has announced an impressive financial performance for the second quarter of.
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Tether’s Market Capitalization Soars to New Heights, Profits Hit $1.5 Billion in Q1 2023
Tether (USDT) is experiencing an astounding surge in its market capitalization, shattering previous records as the company responsible for the leading stablecoin amassed.
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Exploit Hits Curve, Draining Upwards of $100 Million from Stablecoin Pools
Curve, a leading stablecoin exchange entrenched in the decentralized finance (DeFi) realm on Ethereum, finds itself grappling with a distressing exploit. The project’s.
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Ripple Seals Partnership with Palau for US Dollar-Backed Stablecoin
Following its significant legal victory against the SEC, Ripple is forging ahead with new partnerships, and the latest addition to its roster is.
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Stablecoin Dominance Slides as Market Cap Falls to Near 2-Year Lows: CCData
The stablecoin market has been facing a prolonged period of decline, with the market capitalization hitting its lowest point since August 2021, according.
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USDC Market Cap Drops As Redemptions Climb To $1.4 Billion
As one of the prominent stablecoins in the cryptocurrency industry, USDC has experienced a significant drop in market cap in recent months. Redemptions.
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Aave Could Launch Stablecoin On Ethereum Within Days
The Aave community, the driving force behind the leading DeFi money market, is rallying behind a governance proposal that aims to introduce the.
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Circle Considers Issuing Stablecoin in Japan as Legislation Takes Effect
Circle, a prominent payment services company, is contemplating the issuance of a stablecoin in Japan following the implementation of legislation governing stablecoins on.
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Coinbase Adds Support for USD Coin (USDC) on Stellar, Enabling Faster and Cheaper Transactions
Coinbase’s recent announcement regarding the addition of support for USD Coin (USDC) on the Stellar network has caught the crypto community’s attention. The.