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πΊπΈπ 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
The surge reflects rising institutional demand, backed by regulatory clarity and trust in American issuers. #stablecoin
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ππ #PYUSD PayPal officially unveiled PayPal World, a global platform that will bring together major payment processors and digital wallets.
πΊπΈπ¦ #PYUSD Paxos have applied for a trust bank license in the US. reuters
π #PYUSD Paxos applies for a US national trust bank license. cointelegraph
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π #PYUSD Paxos said they minted PYUSD 300 trillion by mistake but then burned it and minted PYUSD 300 million. theblock
π 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.
- #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.
π #PYUSD just crossed $1B in supply on Solana, becoming the 3rd largest stablecoin by supply. x
π 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.
Ethenaβs #USDe stands out, with its market cap dropping by more than 35% over the same period. #stablecoin
Ethenaβs #USDe stands out, with its market cap dropping by more than 35% over the same period. #stablecoin
π PayPal's #PYUSD has grown from $1.2B market cap in September to over $3.8B today.
πΊπΈπ¦ #PYUSD PayPal applies to become a bank in the US. bloomberg
πΊπΈπ΅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