Blockchain News

Congresswoman Maxine Waters Criticizes PayPal’s Stablecoin Launch Amid Regulatory Concerns

Democratic Congresswoman Maxine Waters (D-CA) has criticised PayPal’s recent launch of its dollar-backed stablecoin, PYUSD. In her statement, Waters expressed concerns that PayPal.

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Blockchain News Crypto News

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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Blockchain News

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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Blockchain News

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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Blockchain News

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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Blockchain News

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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Blockchain News

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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Blockchain News

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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Blockchain News

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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Blockchain News

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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