Browsing Tag
Stablecoin
1045 posts
Binance drops majority of USD Coin reserves — Latest USDC news
This week’s episode of The Market Report explores the reasons why Binance let go of a majority of…
US Fed issues new crypto program for local banks
US Federal Reserve unveils Novel Activities Supervision program to oversee banks’ crypto-related activities, emphasizing stablecoin safeguards. The initiative‘s…
Concerning revelation: PayPal’s stablecoin can wipe out account balances
PayPal launched its stablecoin on the Ethereum blockchain. Huobi has already announced it will launch the new stablecoin.…
Huobi to list PayPal’s PYUSD stablecoin
Huobi plans to list PayPal USD (PYUSD), the stablecoin launched by PayPal. Trading for PYUSD/USDT will open when…
PayPal’s stablecoin has wallet freezing and wiping functions
An analysis of the smart contract of the just-launched PayPal stablecoin PYUSD revealed the presence of so-called “centralization…
Huobi to launch PayPal’s stablecoin trading
Huobi will launch a trading pair with PayPal’s stablecoin PYUSD, backed by the US dollar, with a perpetual…
Circle CEO reveals massive USDC adoption outside US
Circle’s CEO, Jeremy Allaire, unveiled that approximately 70% of USDC adoption occurs outside the United States. Despite the…
US official calls for stablecoin law amid PayPal’s PYUSD launch
Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar…
PayPal Enters The Next Era of Finance with the Launch of its Dollar-backed Stablecoin PYUSD
Latest News and Updates on blockchain industry by AlexaBlockchain (“Alexa Blockchain”). “The shift toward digital currencies requires a…
PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill
United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling…