PayPal USD (PYUSD) is a stablecoin pegged to the value of the United States dollar, designed to provide a secure, reliable, and low-volatility digital currency for everyday transactions. Launched by PayPal, a leading online payment system, PYUSD leverages the company's expertise in digital payments to offer a stable and trustworthy alternative to traditional cryptocurrencies. By maintaining a 1:1 peg with the US dollar, PYUSD ensures that users can transact with confidence, without the risk of significant price fluctuations. With its robust security measures and compliance with relevant regulations, PYUSD is an attractive option for individuals and businesses seeking a stable digital currency for online purchases, cross-border payments, and other financial transactions. As a stablecoin, PYUSD is poised to play a significant role in the growing digital payments ecosystem, offering a reliable and efficient way to transfer value online.
The CLARITY Act now has 100+ changes, but with 60 Senate votes needed, Polymarket bettors still put its odds at 19%.
U.S. Bank just sent its own USBDC stablecoin to Europe on Stellar, putting a 163-year-old lender on a public blockchain.
A Nomic bug minted unbacked nBTC, blew a 36% hole in an Osmosis bitcoin fund and somehow went unnoticed for 74 days.
Bitcoin fell under $77K after hot U.S. PPI data fueled Fed rate hike fears, driving $562M in crypto liquidations.
Nasdaq Ventures will invest $100 million in Kraken parent Payward as the firms expand their tokenized stock partnership.
