Browsing Tag
Stablecoin
972 posts
Paxos report: $44.3m PYUSD in circulation are overcollateralized
A Paxos report reveals that the circulation of PayPal’s PYUSD remains low but is overcollateralized
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding…
Mantle expands to RWA via Ondo Finance’s USDY
Mantle, an Ethereum layer 2 solution, has expanded its product offering via Ondo Finance’s USD Yield (USDY). Users…
USDC and DAI more susceptible to de-pegging, say analysts
Stablecoins from Circle and MakerDAO have been less stable than those from Tether and Binance in the last…
Fed watchdog Michael Barr calls stablecoins risk for economy
Federal Reserve’s Michael Barr highlights the risks of unregulated stablecoins, emphasizing the need for robust federal oversight in…
Visa expands its stablecoin capability to include USDC issued on Solana
Visa started venturing into USDC settlements back in 2021 through a partnership with Crypto.com. Crypto.com’s Australian card program’s…
Tether market cap slips as stablecoin ecosystem shifts
Tether sees first market cap dip in nine months. Meanwhile, the overall stablecoin market shrank for the 17th…
Kaiko: USDT has been depegging throughout August
Kaiko, crypto analytics platform, claims that the largest stablecoin by market cap, USDT, has been depegging in August
Optimism brings native USDC to OP Mainnet
Optimism and USDC issuer Circle have announced native support for USDC on OP Mainnet. The partnership is expected…
Binance to halt BUSD support due to legal issues
On Aug. 30, Binance informed users via its in-app notification about its intended discontinuation of the BUSD stablecoin…