Coinbase prepares to delist Tether’s USDT stablecoin in Europe
Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date. Go to Source
PYUSD
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PayPal taps Xoom for cross-border stablecoin payments
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said. Go to Source
Fireblocks Launches $1M Grant Program to Promote Paypal’s PYUSD Adoption
Fireblocks, a provider of blockchain infrastructure, has announced a $1 million grant program with Paxos, aimed to foster broader use of paypal usd (PYUSD). Fireblocks Launches $1M Grant Progam With Paxos Following what the firm describes as a “successful pilot,” the initiative seeks to encourage businesses to develop PYUSD applications on Fireblocks’ platform. In a … Read more
Fireblocks launches $1M grant program to boost PYUSD developer adoption
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects. Go to Source
Paxos Launches New Stablecoin Payments Platform With Stripe as First Customer
Paxos, a regulated tokenization infrastructure platform, has unveiled its new stablecoin payments platform, with Stripe as its inaugural customer. This innovative solution powers Stripe’s Pay with Crypto product, enabling merchants to seamlessly accept stablecoin payments. By leveraging Paxos’ comprehensive infrastructure for onboarding, pay-ins, conversions, and payouts, businesses can reduce costs and expand their international reach … Read more
Paxos debuts new stablecoin payment platform with Stripe
Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said. Go to Source
Paypal Completes First Corporate Transaction Using PYUSD Stablecoin
Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypal partnering with Ernst & Young LLP. Paypal Completes First PYUSD Stablecoin Business Transaction Paypal Holdings Inc. has completed its first … Read more
PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin
PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin. Go to Source
Paypal Rolls Out Crypto Features for Business Accounts
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including the launch of Paypal USD (PYUSD) and its integration with … Read more
Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed … Read more
