Crypto Pro Updates
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🀝 #XLM PayPal launches its #PYUSD stablecoin on Stellar network.
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πŸ‡ΊπŸ‡ΈπŸ“ˆ Over the past year, US-based stablecoins like #USDC and #PYUSD grew +104% to $67.5B β€” while non-US stablecoins still lead with $173.7B (+41%).

The surge reflects rising institutional demand, backed by regulatory clarity and trust in American issuers. #stablecoin
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🀝 #ARB PayPal plans to extend the #PYUSD stablecoin to the Arbitrum chain. source
πŸ†•πŸ‘€ #PYUSD PayPal officially unveiled PayPal World, a global platform that will bring together major payment processors and digital wallets.
πŸ‡ΊπŸ‡ΈπŸ¦ #PYUSD Paxos have applied for a trust bank license in the US. reuters
πŸ‘ #PYUSD Paxos applies for a US national trust bank license. cointelegraph
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πŸ“ˆ #SPK The amount of #PYUSD supplied on Spark just reached a new all-time high of ~$5 million.
πŸ€πŸ‘€ #USDC #PYUSD Circle and Paxos are testing new technology to verify cryptocurrency payments in partnership with Bluprynt. bloomberg
πŸ”₯ PayPal launched p2p service with integration of #BTC, #ETH and #PYUSD
πŸ‘ #PYUSD Paxos said they minted PYUSD 300 trillion by mistake but then burned it and minted PYUSD 300 million. theblock
πŸ“Š Santiment: the most discussed tokens on social media:

- #PYUSD - since mistakenly minted 300 trillion PYUSD;
- #ETH - large Ethereum Foundation deposits to DeFi vaults, institutional supply and demand dynamics, price forecasts, and ETF inflows surpassing Bitcoin;
- #BTC - due to extensive discussions about BTC's market dominance, its comparison to altcoins and gold, and its perceived value as safe money versus speculative assets;
- #MON - upcoming airdrop.
πŸ“ˆ CryptoRank: Stablecoin Supply Reaches ATH Amid Market Liquidations

Stablecoins are proving to be the backbone of crypto liquidity and resilience.

The GENIUS Act and a wave of new entrants like #USDe, #USD1, and #PYUSD are driving institutional adoption and fueling the next phase of growth.
πŸ“ˆ #PYUSD just crossed $1B in supply on Solana, becoming the 3rd largest stablecoin by supply. x
πŸ“Š Sentora: Even stablecoins are feeling the pressure in the current market, with only #USDT, #USDC, and #PYUSD posting growth over the past month among top stables.

Ethena’s #USDe stands out, with its market cap dropping by more than 35% over the same period. #stablecoin
πŸ“ˆ PayPal's #PYUSD has grown from $1.2B market cap in September to over $3.8B today.
πŸ‡ΊπŸ‡ΈπŸ¦ #PYUSD PayPal applies to become a bank in the US. bloomberg
πŸ‡ΊπŸ‡ΈπŸ•΅οΈ Mastercard will start processing transactions in several regulated stablecoins pegged to the US dollar, including #USDC and #PYUSD, alongside existing processes in fiat currencies. #stablecoin