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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...
May, 06, 2024
2 min read
by NewsBTC
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...
Nov, 02, 2023
2 min read
by Bitcoin News
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 ...
Sep, 07, 2023
3 min read
by Bitcoin News
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...
Aug, 29, 2023
3 min read
by NewsBTC
Bybit Announces ‘Imminent’ Listing of Paypal’s PYUSD Stablecoin
According to the crypto exchange Bybit, the trading platform plans to list Paypal’s stablecoin soon. Amid Bybit’s announcement, Paypal’s PYUSD toke...
Aug, 17, 2023
2 min read
by Bitcoin News