Huobi Global plans to become the first crypto exchange to list PayPal's new PYUSD stablecoin.
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Stablecoin
Fintech giant PayPal has rolled out a US Dollar pegged stablecoin on Ethereum called PayPal USD (PYUSD).
Aave V3 users will be able to mint GHO tokens on Ethereum’s mainnet if the proposal is approved by the...
The Monetary Authority of Singapore has released a whitepaper in collaboration with the IMF and the central banks of Italy and South Korea. The proposal seeks common conditions for retail payments with digital money on a distributed ledger.
DeFi juggernaut Curve Finance released its crvUSD stablecoin on Ethereum's mainnet. Developers said a UI for the U.S. dollar-pegged stablecoin which employs a similar design to MakerDAO's DAI.
The Bank of England has indicated that UK's market regulators may need to enforce limits on the usage of stablecoins for payments.
The turmoil induced by the fall of Silicon Valley Bank has led to USDC losing its dollar peg. The stablecoin fell as low as $0.87 earlier today as holders flocked to other crypto assets.
Babel Finance hopes co-founder Yang Zhou's crypto-backed stablecoin can help repay over $700 million owed to creditors of the crypto lender.