2024-6-11 18:18 |
Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.
Similar to Notcoin - Blum - Airdrops In 2024
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2023-9-23 00:48 | |
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A new report has shown that the adoption of PayPal’s PYUSD stablecoin has seen less than favorable adoption rates since its inception. The crypto community remains skeptical about employing the new stablecoin for daily crypto payments and has opted for top competitor stablecoins like USDT and USDC.
2023-9-20 23:00 | |
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Over the past 3 years, altcoins have shown better performance than traditional payment networks like Mastercard, PayPal, or Visa, according to cryptocurrency analyst Chris Burniske. Chris Burniske, the co-founder of Placeholder, a New York-based venture firm specializing in crypto assets, explains that despite the bear market experienced by cryptocurrencies in 2022 after the collapse of […]
2023-9-16 18:51 | |
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ECB top dog Fabio Panetta says the next era of payments should not be monopolized by tech companies offering private stablecoins. The post ECB Warns PayPal Cash Grab Can Monopolize Stablecoins appeared first on BeInCrypto.
2023-9-5 16:00 | |
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At press time, PYUSD’s market cap was under $5 million. PayPal USD trailed behind over 30 stablecoins as adoptions drag. The payment giant PayPal introduced PayPal USD [PYUSD] earlier thiThe post Assessing PayPal USD's [PUSD] performance weeks after its launch appeared first on AMBCrypto.
2023-8-29 06:00 | |
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In 2022, stablecoins on layer 1 networks recorded $6.87 trillion in transactions, surpassing Mastercard's $6.57T and PayPal's $1.3T.
2023-8-29 22:44 | |
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Fiat-backed stablecoins have eclipsed Mastercard and PayPal in moving more value across their networks in 2022, according to a Bloomberg Intelligence note on Aug. 25. According to Bloomberg Intelligence crypto market analyst Jamie Coutts, stablecoins on several Layer-1 networks transacted $6.
2023-8-25 14:55 | |
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Coinspeaker Bank of America: Paypal Stablecoin (PYUSD) Immediate Adoption Might Be Subdued The introduction of PayPal stablecoin (PYUSD) represents a groundbreaking development in the realm of stablecoins and digital currencies.
2023-8-14 17:32 | |
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Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.
2023-8-12 14:02 | |
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Circle’s top executive spoke favorably of competition from PayPal’s stablecoin while emphasizing his own company’s strong standing on Aug. 10. Jeremy Allaire, the CEO of Circle, said that other firms will likely begin to introduce stablecoins following PayPal’s announcement.
2023-8-11 01:35 | |
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Earlier this week, popular American payment giant Paypal unveiled the launch of its USD-pegged PYUSD stablecoins to investors. In response, Democrat congresswoman Maxine Waters has raised palpable concerns that may or may not threaten the stablecoin’s operations.
2023-8-10 15:00 | |
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Jeremy Allaire, Circle CEO, confirmed that USD Coin (USDC) saw more redemptions than issuance over the past month, according to an Aug. 7 tweet. Allaire stated that Circle issued $5 billion worth of USDC over the past month, with redemptions surpassing issuances by $1.
2023-8-8 16:55 | |
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In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD. This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […]
2023-8-8 06:00 | |
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Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system.
2023-8-8 04:00 | |
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PayPal has introduced its stablecoin, PayPal USD (PYUSD), marking its latest foray into digital currency. A global payment platform PayPal launched its own stablecoin on August 7, PayPal USD (PYUSD), making it the first large financial company to do so.…
2023-8-7 18:48 | |
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In a move signaling the significant shift towards digital currencies, PayPal has announced the launch of its U. S. dollar-backed stablecoin – PayPal USD (PYUSD). This development, announced by PayPal directly, adds a new dimension to the emerging potential of regulated, fully-backed stablecoins in transforming payments in digitally native environments like web3.
2023-8-7 17:07 | |
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Stablecoins offer a way for consumers — particularly Americans — to escape the financial industry’s punitive transaction fees.
2023-4-5 22:18 | |
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Checkout.com, FTX, PayPal and Crypto.com headline the latest business news from the world of cryptocurrency and blockchain.
2022-6-11 00:00 | |
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The team at Cowen recently held fireside chats with executives from PayPal and Visa, among others.
2022-3-30 18:37 | |
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Stablecoins to face the same regulations as PayPal or Western Union
2021-10-6 13:53 | |
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Former PayPal employees launch a decentralized cross-border payment system on Algorand. The system aims to provide faster and cheaper transactions by “fueling them with regulated stablecoins to represent fiat on-chain,” Borderless Capital CEO David Garcia said.
2021-6-16 15:25 | |
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“Fueling cross-border transactions with regulated stablecoins to represent fiat on-chain has never been done before,” said Borderless Capital CEO David Garcia.
2021-6-16 16:00 | |
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USDC has seen huge growth and is gaining fast on Tether, the king of the stablecoins.
2021-4-7 07:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Singapore-based stablecoin infrastructure startup WSPN partners with Polygon Labs to scale WUSD stablecoin use in payments in decentralized finance. Worldwide Stablecoin Payment Network — also known as WSPN — has joined forces with Polygon Labs, the firm behind the Polygon…
Aptos Foundation announced that Circle’s USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain. Along with this launch, Stripe is also adding support for Aptos (APT) in its crypto payment products, a move aimed at streamlining payments…
Paxos is looking to expand its presence in the European Union through a new deal for Finland-licensed e-money platform Membrane Finance. Paxos, which issues stablecoins such as Pax Dollar, PayPal USD (PYUSD), and Pax Gold (PAXG), disclosed the potential deal…
Binance has introduced a new stablecoin, BFUSD, with an annual percentage yield of 19.55%. The stablecoin is designed to appeal to crypto users seeking passive income. The total supply of BFUSD is capped at 20 million tokens, and the stablecoin…
Tether will invest in Quantoz Payments to support the launch of euro and U.S. dollar-pegged stablecoins, EURQ and USDQ. In an announcement on Nov. 18, Tether revealed plans for an upcoming investment in the Netherlands-headquartered payments firm to facilitate the…
Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —…
Crypto could stave off the U.S. debt crisis, according to Former House Speaker Paul Ryan in his recent op-ed published in the Wall Street Journal. Ryan argues that America’s $35.46 trillion and rising debt threatens the U.S. dollar’s status as…