Tag: Stablecoin

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Posted in Crypto Update

Paypal launches stablecoin for payment

Financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7.  The new…

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Posted in Crypto Update

‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy

Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a…

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Posted in Crypto Update

Republic of Palau and Ripple Collaborate on Palau Stablecoin

The Republic of Palau and Ripple have launched a limited stablecoin pilot as the next phase of…

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Posted in Crypto Update

'Historic week' as stablecoin, self-custody bills advance to House floor

The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users…

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Posted in Crypto Update

Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations

United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration…

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Posted in Crypto Update

Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023

Bitcoin (BTC) is facing the prospect of a “big bull move” as stablecoin buying power returns, on-chain…

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Posted in Crypto Update

Binance lists new zero trading fee stablecoin, halts shortly after on technical issues

The recently introduced stablecoin, FDUSD, which was scheduled to be listed on Binance on July 26, 2023,…

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Posted in Crypto Update

USD-backed stablecoin pilot project launched by Pacific island nation of Palau

The government of Palau is set to begin a pilot project for a United States dollar-backed stablecoin…

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Posted in Crypto Update

Wyoming seeks stable token commission head in first steps to establish state stablecoin

Wyoming is beginning its work on the state’s stablecoin, or, as it’s called officially, the “stable token”…

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Posted in Crypto Update

US FSC Chairman eyes regulatory clarity for crypto, stablecoin ecosystems

The Chairman of the House Financial Services Committee (FSC), Patrick McHenry, announced a markup of a few…