Stablecoin
Behind the Stablecoin Decline: Key Moves Dictating Market Changes
Stablecoin activity is declining, but data shows complex strategic moves shaping the market behind the scenes. Major players like Maker and new entrants like PayPal…
213 Million TrueUSD Stablecoins Minted At Unknown Wallets
More than 213 million TrueUSD (TUSD) have been minted at four separate unknown wallets. On-chain data showed that the newly minted TUSD was sent to…
PayPal’s Stablecoin Is Harshly Criticized by Top Democrats
Maxine Waters criticized PayPal’s new stablecoin and believed that PayPal launched the stablecoin in the absence of US regulations. Without legislation, consumers are at greater…
PayPal’s New PYUSD Stablecoin Raises Centralization Concerns
PayPal’s recently unveiled PYUSD stablecoin has raised concerns about its centralization. The crypto community has pointed out that PayPal will be able to freeze its…
Crypto Experts Raise Flags: Is PayPal’s PYUSD Stablecoin Truly Trustworthy?
Crypto influencer warns of risks in PayPal’s PYUSD: “Did you really think $PYUSD stablecoin would allow you to freely transact?” $2,500 penalty for content censorship…
Crypto Expert Addresses Concerns Over PayPal’s Centralized Stablecoin
The crypto community on Twitter has expressed concerns over PayPal’s new dollar-pegged stablecoin PYUSD. Users have highlighted PYUSD’s degree of centralization, which gives PayPal the…
PayPal Launches PayPalUSD Stablecoin, Announces Giveaway
PayPal introduces a stablecoin dubbed PayPalUSD, becoming the first major fintech to launch a stablecoin. The platform also announces a giveaway for its US adult…
Adam Cochran Reflects on Binance CEO’s Plan to Launch Algo Stable
Adam Cochran shared a detailed sketch of introducing an algorithmic stablecoin. Cochran’s tweet came reflecting on Changpeng Zhao’s comment on his plans to introduce an…
Crypto Whales’ Stablecoin Movements Raise Traders’ Curiosity
Whale Alert observed transactions involving significant stablecoin volumes. The observed $140M worth of USDT and USDC transactions involved deposits and withdrawals from centralized exchanges. Crypto…
Stablecoin Accumulation Surges as BTC Lingers Below $30K
Santiment revealed that whales have been stocking up on stablecoins like USDT, USDC, DAI, and BUSD. The YTD market shares for some of the most…
