PayPal USD (PYUSD) news

PayPal’s PYUSD stablecoin now supports cross-chain transactions via LayerZero integration

Share link:In this post: PayPal U.S.-dollar-pegged stablecoin can now transfer seamlessly between Ethereum and Solana via LayerZero. Each PYUSD transfer is secured by a decentralized verifier network (DVN) involving Paxos, Google Cloud, and LayerZero Labs. The supply of the stablecoin on Solana has shrunk to $186 million.

Huma Finance Officially Launches on Solana, Expanding On-Chain Payment Financing Services for Global Enterprises

Joining forces, leveraging Solana's high-speed, low-cost infrastructure, Huma will further expand its PayFi Network to provide a robust on-demand liquidity solution.

Detroit Allows Residents to Pay Taxes in Crypto

ENS Labs introduces own ‘L2-agnostic’ rollup Namechain, aiming for launch by end of 2025

Paxos October PYUSD Transparency Report: Total token circulation drops to about 570 million US dollars

Detroit to Accept Crypto Payments for Taxes and Other Fees

Paxos releases October PYUSD transparency report: total token circulation drops to approximately $570 million

Paxos launches USD-backed USDG stablecoin with DBS Bank

Paxos Unveils New Stablecoin Aimed at Boosting Global Adoption

Paxos launches USD-backed USDG stablecoin with Singapore’s DBS Bank

Share link:In this post: Paxos introduced its new stablecoin, Global Dollar (USDG), which is backed by the US dollar. The new stablecoin will comply with Singapore’s regulatory framework. USDG is already available on the Ethereum blockchain and will be issued on more blockchains soon.

Paxos Issues Regulated Dollar-Pegged Stablecoin USDG

Bank of Israel’s Digital Shekel Challenge Highlights COTI’s Blockchain Innovation in CBDC

Vitalik Buterin Proposes Solution to Shrink Ethereum’s 1.1 TB Node Size

Fireblocks launches $1M grant program to boost PYUSD developer adoption

Fireblocks launches $1M grant for PYUSD projects

Stablecoin startups part ways: TradFi or DeFi?

Fireblocks launches $1M grant program to boost PYUSD developer adoption

Exclusive interview with Liu Jialiang, founder and CEO of KUN: Blockchain started with payment and will also explode with payment

Web3 payments are the biggest crypto industry opportunity currently visible.

PYUSD rises 57% as it competes in stablecoin market

Vitalik Buterin Warns Current Ethereum Staking Model Is a Threat to Its Future

BlackRock explores using BUIDL as collateral for derivatives

BlackRock Wants Exchanges Using BUIDL as Derivatives Collateral

PayPal’s PYUSD Gains Ground in Stablecoin Battle: Hashdex Research

USDT and USDC strengthened market dominance in Q3 2024, but PayPal’s PYUSD emerged as a notable competitor in the stablecoin market.

Yellow Card Closes $33 Million Series C Funding Round Led by Blockchain Capital

Venmo-MoonPay Collaboration To Bring Crypto to 60M Strong User Base

What is PayFi and why is Solana PayFi?

PayPal’s PYUSD Market Cap Drops 40% From Peak, Foul Play Speculated

PYUSD Stablecoin Market Cap Falls 40% to $618 Million

Stripe in Negotiations To Acquire Stablecoin Fintech Firm Bridge

Stripe partners with Paxos to launch stablecoin payments platform