TL;DR PYUSD’s market capitalization tripled from $1.2 billion in September to $3.8 billion in December. With this growth, PayPal’s stablecoin is positioned as the sixth-largest in the crypto ecosystem. The success is attributed to PayPal’s vast user...
PayPal’s stablecoin PYUSD climbed from about $1.2B in September to roughly $3.8B today as circulating supply and trading activity surged, DefiLlama reports.
TL;DR: USDe fell 24% in November after $2.2 billion in redemptions. USDT, USDC, PYUSD, and RLUSD added billions, reinforcing the dominance of fiat-backed stablecoins. The October depeg preceded the drop, even though Ethena claimed the backing...
PayPal's stablecoin, PYUSD, has seen remarkable growth, becoming one of the fastest-rising assets in the cryptocurrency ecosystem.
Continue Reading: Payment Giant PayPal's Stablecoin PYUSD Has Become the Shining Star of the Latest Period! Here's...
Leading cryptocurrency exchange Bitrue has today announced an expansion to its passive earnings product with boosted interest rates to a range of stablecoins, including RLUSD from Ripple and PYUSD from PayPal. The expansion comes during a difficult...
Der japanische Markt gilt als einer der anspruchsvollsten und gleichzeitig vielversprechendsten für Kryptowährungen weltweit. Während viele Unternehmen an regulatorischen Hürden scheitern, hat Ripple mit seinem Stablecoin RLUSD einen strategischen...
Today's top gainer is Cheems Token with a +13.79% price increase. Bitcoin down by -6.98% in the last 24 hours. The coin of the day is Merlin Chain. The total market cap decreased by -4.76%.
A staggering technical error by Paxos Trust Company resulted in approximately $300 trillion of newly minted stable-coins, momentarily flooding the blockchain and sending immediate shockwaves across the crypto ecosystem. The glitch occurred during an...
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