PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin
Global payments giant PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday.
Stablecoin
Tether Will Publish Reserve Data in Real Time in 2024: Report
Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry’s largest dollar-pegged stablecoin, according to a Bloomberg report.
U.S. Risks Unleashing Second ‘Eurodollar’ Market if It Dallies on Stablecoin Regulation
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Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases
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DAI Stablecoin Surpasses $5B Market Cap on Higher Yield, Lifting Spark Protocol
The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value.
How PayPal Upended the Crypto Debate in Washington D.C.
The fintech giant’s PYUSD stablecoin has forced a rethink among Democratic policymakers who previously resisted federal legislation, says John Rizzo.
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
High U.S. Treasury interest rates are a powerful short-term motivator. Everything else is theory.
I Have 1M Questions About the PayPal Stablecoin. Here Are 5
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MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin With Up to 8% Reward
The circulation of Maker’s DAI stablecoin has shrunk by a third over the past year.