PayPal’s stablecoin PYUSD lost nearly 30% of its market cap over the last 30 days, sliding from over $1 billion to $712 million as of Sept. 25, according to on-chain data. The decline was primarily caused by a significant reduction of its market cap

TrueUSD once had almost $4 billion in total value. Now, it has less than $500 million.

Stablecoin issuer Circle has announced the Compliance Engine as part of a new set of products to attract developers building on-chain financial services. This would help companies achieve compliance, focusing on building amid recent regulatory hurdle

Tether’s USDT, the largest stablecoin, continues to grow and further solidify its dominance in the market. According to BeinCrypto data, USDT’s market capitalization is approaching $120 billion for the first time. Tether USDT Approaches $120 Billion

Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of money into

In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days. Tethe

SOL leads majors as Breakpoint begins. SOL launches Frankendancer on mainnet. Helio Pay allows Shopify items to sell on X. Franklin Templeton to launch fund on SOL. BTC short term holders fall at fastest rate in 12 years. MicroStrategy upsizes conver

Tether’s market share surpassed 75% of the entire stablecoin market, fueling concerns over the stablecoin giant's influencer over the crypto industry.

The Token2049 conference in Singapore featured Solana's Seeker phone launch, BitGo’s USDS stablecoin, and other major product announcements.

Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin

As per Noble, it is going to release EURe, the earliest completely collateralized Euro stablecoin, on the Inter-Blockkchain Communication network.

Revolut plans to enter the stablecoin market to expand its digital asset services. The bank has steadily increased its crypto offerings since its 2015 launch. Continue Reading:Revolut Takes Bold Steps to Secure Its Place in the Stablecoin Market The

New dollar-backed stablecoin will reportedly offer rewards for liquidity providers and prioritize transparency.

The London-based fintech firm is reportedly planning a deeper crypto push.

TrueX will exclusively settle trades using PayPal’s PYUSD stablecoin — a market underdog.

The post Former Coinbase Executives Launch Crypto Platform Focusing On PayPal’s Stablecoin appeared first on Coinpedia Fintech News According to the latest Bloomberg report, two former high-level Coinbase Global Inc. employees unveiled a crypto platf

[PRESS RELEASE – Dubai, UAE, September 18th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has announced new developments as part of a strategic focus to become the core infras

BitGo is set to launch the USDS Stablecoin, a new financial instrument designed to enhance liquidity in the stablecoin market by rewarding institutions that contribute to its ecosystem. This innovative approach aims to set USDS apart in a highly comp

Chainlink Labs and Fireblocks collaborate on a stablecoin platform. The platform simplifies stablecoin issuance and enhances regulatory compliance. Continue Reading:Empowering Financial Institutions with a Unified Stablecoin Solution The post Empower

TON Foundation collaborates with Curve Finance to incubate a stable swap project, enhancing stablecoin trading and liquidity on the TON blockchain.