Paxos Accidentally Mints 300 Trillion PYUSD
On October 15, the infrastructure provider for stablecoins, Paxos, inadvertently minted 300 trillion PYUSD for PayPal.
Paxos Accidentally Mints 300 Trillion PYUSD
On October 15, the infrastructure provider for stablecoins, Paxos, inadvertently minted 300 trillion PYUSD for PayPal.
French Bank ODDO BHF to Launch Euro-Backed Stablecoin
Founded 175 years ago, the French bank ODDO BHF has announced the launch of the EUROD stablecoin, pegged to the euro, on the Polygon network.
Bernstein Predicts USDC Market Cap to Triple
Circle is set to be the main beneficiary of new U.S. stablecoin regulations. Bernstein forecasts nearly a threefold increase in USDC supply over two years.
Ethereum Developers Successfully Deploy Fusaka on Sepolia Testnet
On October 14, the test version of Ethereum's major update, Fusaka, was successfully deployed on the Sepolia network.
Chainalysis: $75 Billion in Crypto Could Bolster State Reserves
Public blockchains hold $75 billion obtained through illicit means. Chainalysis analysts suggested governments could seize these assets to build state reserves.
Ethena and Jupiter to Launch Solana Stablecoin JupUSD
The Ethena Labs team has announced a partnership with the Jupiter platform to launch the native stablecoin JupUSD on the Solana blockchain.
US banks risk $6.6trn deposit flight under the GENIUS Act
The GENIUS Act will drive a mass shift of deposits from banks into higher-yielding stablecoins, says Multicoin Capital co-founder Tushar Jain.
Paxos Co-Founder Sees AI Agents as Key to Stablecoin Market Growth
AI agents could become a leading factor in the next wave of stablecoin adoption, turning market fragmentation into an advantage, according to Bhav Kotecha, co-founder of Paxos.
Tether and Antalpha Seek $200 Million for Tether Gold Treasury
Tether and the Bitmain-affiliated financial firm Antalpha aim to raise $200 million for an entity that will establish a treasury in the stablecoin Tether Gold (XAUT), according to Bloomberg.
Could the U.S. Nationalize Stablecoins? The Unthinkable Scenario for Tether and Circle
Will US authorities seize stablecoin issuers or stop at regulation?
Tether Co-founder Predicts Fiat Money Will Transform into Stablecoins
By 2030, all currencies will be represented as “stablecoins,” according to a forecast by Reeve Collins, a co-founder of Tether.
Base Creator Envisions Future of Crypto Economy in Local Stablecoins
Stablecoins tied to local currencies remain rare, yet they have the potential to revolutionize the crypto economy. This was stated by Jesse Pollak, the developer of Base, during Token2049 in Singapore, as reported by The Block.We use cookies to improve the quality of our service.
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