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Category PayPal stablecoin

Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users

Study Uncovers Surprising Data: 90% Of Stablecoin Transactions Not Driven By Human Users

In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, acc...
VISA Survey Uncovers Stablecoin Reality, 90% Users Aren’t Real

VISA Survey Uncovers Stablecoin Reality, 90% Users Aren’t Real

A new metric co-developed by Visa Inc. indicates that over 90% of stablecoin transaction volumes do not originate from authentic users. This sugges...
Paypal Faces SEC Scrutiny Over New Stablecoin PYUSD, Cooperates With Document Production Request

Paypal Faces SEC Scrutiny Over New Stablecoin PYUSD, Cooperates With Document Production Request

After releasing its new stablecoin PYUSD, the payments giant Paypal disclosed that the U.S. Securities and Exchange Commission (SEC) subpoenaed the...
ECB Official Shares Digital Euro Progress, Concerns Over Paypal’s Stablecoin

ECB Official Shares Digital Euro Progress, Concerns Over Paypal’s Stablecoin

European Central Bank (ECB) executive board member Fabio Panetta has warned about stablecoins issued by private providers, such as Paypal. He also ...
PayPal’s PYUSD Fails To Capture Interest: 90% Of Supply Remains In Paxos’ Wallet

PayPal’s PYUSD Fails To Capture Interest: 90% Of Supply Remains In Paxos’ Wallet

Paypal’s Ethereum-based stablecoin PYUSD has failed to capture crypto investors’ interest. According to data from Nansen, 90% of the stablecoin’s t...