Stablecoin giants like USDT and USDC continue to strengthen their hold on the market, expanding their dominance and market share. However, a new contender is making waves – PayPal’s PYUSD. While still relatively smaller, this emerging stablecoin is gaining momentum, signaling a potential shift, as per recent data. Stablecoin Power Shift? According to a report by the research team of asset manager Hashdex, stablecoins’ market dominance grew by 3% in the third quarter of 2024....
Read More »PayPal Exec Reveals Real Reason Company Adopted Solana
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Read More »Nexo Reopens UK Operations with Enhanced Compliance and Client Education
Nexo’s new onboarding process follows FCA requirements, improving user risk awareness. The platform’s 10-month halt allowed for a full modify to meet UK regulatory standards. Nexo, a centralized cryptocurrency lender, has restarted client registrations in the United Kingdom after a 10-month halt. The delay was first triggered in December 2023 owing to changes in regulatory requirements. Nexo has now improved its operations to satisfy Financial Conduct Authority (FCA) compliance standards,...
Read More »Stablecoins Hit Record Market Cap of Nearly $170 Billion After Year of Growth
Stablecoins have reached an all-time high market cap of $169.57 billion following nearly a year of uninterrupted growth. Leading assets such as Tether’s USDT and Circle’s USDC have seen a significant resurgence this year, in addition to a newcomer. Stablecoin Market Cap Surge Data compiled by DefiLlama revealed that this is the highest market cap for stablecoins, surpassing the previous peak of $167 billion established in March 2022, which later declined to $135 billion by...
Read More »Crypto Exchange Bitget Adds Support for PayPal’s Stablecoin PYUSD on Solana
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Read More »PYUSD Supply on Solana Surpasses Its Ethereum Supply by Over 5.6%
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Read More »PayPal-Aktie: Eine Investition mit Potenzial?
This Year’s Theme: “On the Move” Throughout history, people have left their homes for a variety of reasons and have found themselves in faraway places. This has led to encounters with foreign lands, their inhabitants, their customs, their flora and fauna. Cultural heritage collections are full of artifacts resulting from and bearing witness to those people “on the move”: archival records, travel reports, audiovisual documents, object collections, oral histories etc. These...
Read More »Peter Thiel: Visionär oder Opportunist in der Kryptowelt?
Peter Andreas Thiel, geboren in Frankfurt am Main, ist ein deutsch-US-amerikanischer Milliardär, Investor und rechts stehender libertärer Politaktivist. Foto CC 2.0 by Dan Taylor, Wikipedia Peter Thiel, der bekannte Investor und Mitgründer von PayPal, hat sich in den letzten Jahren einen Namen in der Kryptowelt gemacht. Seine Investitionen in Bitcoin und andere Kryptowährungen haben ihm den Ruf eines Visionärs eingebracht, der das Potenzial dieser neuen Technologien früh...
Read More »PayPal-backed Mesh and Conio Launch Europe’s First Open Banking Solution for Bitcoin
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Read More »PayPal’s PYUSD Stablecoin Deploys Solana Because of High Throughput and Low Fees
Nearly a year after launching on Ethereum, PayPal’s stablecoin PYUSD is being introduced on the Solana blockchain. This move will enable users to choose between multiple blockchain networks, providing greater flexibility and control over their transactions and holdings. PayPal Brings PYUSD to Solana According to the official announcement, PayPal highlighted Solana’s ability to handle a massive volume of transactions at high speeds and extremely low costs as a key driver...
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