Crypto Funds See Large Outflows as Investors Lose Confidence in the Market: Bitfinex
While the crypto market records capital outflows, stablecoins are seeing increased adoption.Â
While the crypto market records capital outflows, stablecoins are seeing increased adoption.Â
The combined market capitalization of has recently shown growth for the first time since the FTX crash.
The largest US crypto exchange has some experimental plans for PYUSD.
Binance is planning to stop support for BUSD after Paxos ceased minting over six months ago.
Coinbase and Circle – the company behind USDT’s largest competitor, USDC – have been working together closely since the beginning.
Although the team was well aware of a vulnerability in the systems, they failed to patch it on time.
Stablecoins are winning in the realm of payments, and are largely used for non-speculative activity.
The Argentinian fintech firm has previously launched stablecoins for Argentine and Peruvian markets.
Dan Schulman will step down from the CEO position at the end of September and depart PayPal's board of directors
Stablecoins that meet all the criteria set by Singapore's central bank will be labeled as MAS-regulated stablecoins.