What Is PayPal USD (PYUSD)? Complete Guide to PayPal’s Stablecoin
PayPal USD (PYUSD) Overview PYUSD is a dollar-backed stablecoin issued by Paxos integrated into PayPal and Venmo's 400+ million user ecosystem, allowing instant, fee-free transfers between u...
XRP price forecast as Ripple USD (RLUSD) volume drops
XRP has rebounded to $2.18, overcoming an hourly death cross signal. The RLUSD volume has dropped over 60% amid halted minting. XRP is likely to trade between $2.15 and $2.25…
10x Research: how a FIL backed USD stablecoin by Secured Finance would boost the Filecoin ecosystem
Secured Finance is launching a US dollar-dominated stablecoin within the Filecoin ecosystem. According to 10x Research, the stablecoin offers added flexibility and financialization for those interacting with Filecoin data. The…
Coinbase introduces USD Coin (USDC) loans using Bitcoin as collateral
Coinbase has introduced USDC loans with Bitcoin as collateral. The loans are available for US customers. The loans have no fixed repayment and they auto-adjust based on the activities on…
Nexo introduces Personal USD Accounts for clients in over 150 countries
Nexo launches Personal USD Accounts, enabling direct USD bank transfers globally. SWIFT integration allows secure cross-border transfers with multi-currency management. Nexo plans to add ACH and Domestic Wire services for…
Anchorage Digital adds rewards for PayPal USD holders
Anchorage Digital, a federally-chartered crypto bank, has added support for rewards for holders of the stablecoin PayPal USD (PYUSD). PYUSD holders can earn the rewards by custodying their tokens with…
BlackRock’s BUIDL fund now convertible to USD Coin (USDC) after Circle integration
Circle enables BUIDL share conversion to USDC with new smart contract functionality. BlackRock’s BUIDL investors can convert their shares to USDC 24/7. BlackRock’s BUIDL fund saw $240 million in first-week…
Coinbase adds USD transfers for users in Singapore
Coinbase says it now supports USD transfers in Singapore. The exchange’s customers can move US dollars to or from their accounts via SWIFT. Support for USD transfers is part of…
First Digital USD (FDUSD) reaps big as Binance cease BUSD support
Binance aims to stop support for BUSD by February 2024. The Binance USD stablecoin was being issued by Paxos before the New York Department of Financial Services ordered it to…
Bybit suspends USD payments via bank transfer
USD payments suspension impacts both national and international bank transfers. Bybit will also pause USD withdrawals as from 10 March 2023. Customers can however continue to buy crypto with credit…