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Stablecoins
Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users
The exchange expanded its services in Canada earlier this week.
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee said federal rules should be in place before a company the size of PayPal issues a stablecoin.
Maple Finance's Tokenized Treasuries Available to U.S. Investors After Securities Exemption
The platform's cash management facility has attracted $22 million of deposits since opened in April.
Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein
That's up from $125 million now as use should grow with more co-branded partnerships, a report from the firm said.
PayPal’s New Stablecoin and the ‘2 Wolves’ Inside Crypto
The payments giant has been transparent in its need to freeze and seize crypto accounts that violate its terms of service. But is that really crypto?
Why PayPal's Stablecoin Scares Washington and Could Shake Legislative Talks
For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins.
Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD
Paxos is the issuer of PYUSD, the dollar-backed stablecoin launched by the payments giant on Monday.
PayPal's Stablecoin Launch Is a 'Seminal Moment' for the Industry: Paxos Head of Strategy
Global payments giant PayPal is launching its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The Ethereum-based token will be available to PayPal users in the U.S. and is being issued by Paxos Trust Company. Paxos Head of Strategy Walter Hessert discusses the partnership, the use cases of stablecoins, and the state of U.S. regulatory oversight for the crypto sector.
PayPal’s Regulated Stablecoin Is ‘Watershed Moment’ in Crypto, Says Partner Paxos
That's because the token is being issued by Paxos, a regulated company, which means holders will have more protections, a Paxos exec says.
Stablecoins: A Potential Counter to De-Dollarization
Demand for dollars in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the greenback's overall dominance.
