Paypal Completes First Corporate Transaction Using PYUSD Stablecoin
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Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone…
Paypal Rolls Out Crypto Features for Business Accounts
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Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet…
PayPal Teams Up with Anchorage to Launch Interest Rewards for PYUSD Holders
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PayPal collaborates with Anchorage Digital to offer interest rewards on PYUSD holdings. The initiative is meant for institutional investors who operate outside…
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
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The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion….
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
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Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and…
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
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While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently…
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
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The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top…