On June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory …
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Finance
Stablecoin issuers’ $182 billion US Treasury hoard ranks 17th among countries, beating UAE and South Korea
by shayaanby shayaanFour US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury …
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Quant and Jupiter have emerged as two of today’s top-performing cryptocurrencies, driven by major developments and strong technical setups. Quant recently partnered …
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Markets
Paolo Ardoino Says Tether Now Among the Top-20 Largest Holders of US Treasuries, Details Path to Taking US Dollar to 420,000,000 People
by shayaanby shayaanThe chief executive of stablecoin issuer Tether says that it is now one of the largest holders of US Treasuries in the …
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Markets
Spot Crypto ETF Filings for XRP, SOL, DOGE Among Those With Overwhelming SEC Approval Odds: Bloomberg
by shayaanby shayaanOdds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP …
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Smart Contracts
Solana-Based Pump.fun Among List of Crypto Trading Platforms Suspended from X
by shayaanby shayaanIn short Pump.Fun, GMGN and others are suspended from X for non -specific violations. Speculation connects prohibited to API abuse or increasing …
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Markets
Stablecoin Fever With Circle Soaring Another 40%: Apple, X Among Those Reportedly Wanting In
by shayaanby shayaanApple, Airbnb, Google and Elon Musk’s X are holding early discussions with crypto companies about integrating stablecoins into their payment systems, according …
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Regulation
‘Very Resilient’ US Economy Among Three Reasons Fed Won’t Cut Interest Rates in 2025: Yardeni Research
by shayaanby shayaanThe president of sell-side Wall Street firm Yardeni Research, Ed Yardeni, believes that the Federal Reserve will stay the course and hold …
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A prominent decentralized finance (DeFi) project, Flamingo Finance ($FLM), saw the highest weekly growth on Total Value Locked (TVL). According to data …
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Markets
XRP, Solana, DOGE and Others Among 72 Different ETF Applications Waiting for SEC Approval: Report
by shayaanby shayaanCrypto firms are now waiting to hear back on 72 active applications for new crypto-related exchange-traded funds (ETFs). James Seyffart, an ETF …