PayPal Uses PYUSD Stablecoin for Its First-Ever Business Payment
TL;DR PayPal completed its first business transaction using its stablecoin PYUSD, paying an invoice to Ernst & Young through SAP on September 23. PYUSD has a
stablecoin (Latest Publications)
Ripple Targets Tether’s Dominance with Aggressive RLUSD Minting – Is a Major Market Shift on the Horizon?
TL;DR Rapid Minting: Ripple Labs has minted 1.7 million RLUSD tokens in just two days, signaling an imminent launch of their USD-pegged stablecoin. Regulatory Approval: Ripple
Robinhood and Revolut Reportedly Exploring Stablecoins Launch
TL;DR Robinhood and Revolut are considering launching stablecoins to expand their crypto offerings, driven by the lucrative potential of the $170 billion stablecoin market. Robinhood is cautious and
Ethena Labs Introduces UStb Stablecoin Fully Backed by BlackRock’s BUIDL Fund
TL;DR Ethena has launched its new stablecoin UStb, designed as an alternative to USDe, offering stability with a differentiated risk profile in a volatile market. UStb
Shiba Inu Teases SHI Stablecoin Release on Shibarium – Here’s What You Need to Know
TL;DR Imminent Release: The Shiba Inu team has hinted at the upcoming release of the SHI stablecoin, which aims to provide stability and utility within the
Curve Finance Seeks to Limit TUSD and PYUSD in crvUSD’s Collateral Portfolio
TL;DR Proposal to Remove TUSD: Curve Finance is considering removing TrueUSD (TUSD) from crvUSD’s collateral due to regulatory issues and concerns about TUSD’s stability. Limiting PYUSD:
PayPal Brings Crypto to U.S. Businesses Amid Growing Demand
TL;DR New Crypto Features for Businesses: PayPal now allows U.S. business account holders to buy, hold, and sell digital currencies directly from their accounts, launched on
Vitalik Buterin Praises Celo for Surpassing Tron in Stablecoin Addresses—Is Celo the New Contender?
TL;DR Vitalik Buterin’s Praise: Ethereum co-founder Vitalik Buterin praised Celo for surpassing Tron in daily active stablecoin addresses, marking a significant milestone. CELO Token Surge: Following
TrustToken and TrueCoin Pay $700K to Settle SEC Claims of Investor Fraud
TL;DR Fraudulent Claims: TrustToken and TrueCoin falsely marketed TrueUSD (TUSD) as fully backed by U.S. dollars while investing in a risky offshore fund. SEC Settlement: Both companies
Circle Revolutionizes Blockchain Development with New Compliance Engine
TL;DR Simplifies Regulatory Compliance: Circle’s Compliance Engine for Programmable Wallets helps blockchain developers adhere to regional regulatory requirements through customizable, automated compliance checks. Key Features: The
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