Search results for PYUSD
Crypto
SoFi expands stablecoin payment network as SoFiUSD joins Polygon
Fintech firm SoFi added SoFiUSD, described as the first stablecoin issued by a U.S. national bank, to Polygon’s payment infrastructure. SoFiUSD began operating on Polygon’s Open Money Stack, becoming its third supported network after Ethereum and Solana. The stack combines fiat on- and off-ramps, embedded wallets and cross-chain settlement. SoFiUSD is redeemable 1-to-1 for dollars and is issued by SoFi Bank, but it is not a bank deposit and is not covered by FDIC or SIPC insurance.
Crypto
Ripple RLUSD overtakes PayPal\'s PYUSD as market cap tops $2.71 billion
Ripple’s dollar-pegged stablecoin RLUSD has moved ahead of PayPal’s PYUSD by market capitalisation, gaining visibility in the global stablecoin market. Data from CoinGecko showed RLUSD at about $2.71 billion, compared with PYUSD at about $2.67 billion, though PYUSD was larger in the previous day’s tally. Ripple posted the biggest 30-day market-cap increase among major issuers, helped by broader exchange distribution and expanded cooperation with financial institutions.
Crypto
Visa stablecoin settlement volume tops $25 billion
Visa\'s stablecoin settlement volume has expanded tenfold over the past year, topping an annualised $25 billion, CoinPost reported. The figure reflects a 12-month annualisation of recent settlements and differs from actual yearly totals. Visa now supports settlement on 10 blockchains and backs 5 stablecoins including USDC and PYUSD. It is also testing stablecoin funding in Visa Direct and expanding its platform and card programmes.
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Crypto
Mastercard praises Ripple\'s RLUSD at XRPL hackathon
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Crypto
Visa cut adjusted stablecoin volume, but adjusted transaction count down less than 2 percent
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Crypto
Ripple\'s RLUSD market cap up more than $1 billion this year, ranks third in growth speed
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Crypto
Mastercard to pilot stablecoin remittance trust checks with Borderless
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Crypto
PayPal to issue PYUSD natively on Polygon to expand supply
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Crypto
Debate flares over stablecoin market share as Ethereum and Tron dominate supply
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Crypto
Spark and Uniswap launch FX Layer institutional stablecoin swap infrastructure
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Crypto
Stablecoin market share doubles as total crypto market cap halves
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Crypto
Stablecoin supply tops $300 billion but growth stalls; only USDT expands
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Crypto
Who drives the stablecoin market: Issuance by Circle, distribution by Coinbase
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Crypto
PayPal expands PYUSD stablecoin service to 70 countries
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Crypto
PayPal USD partners with TCS Blockchain to target finance in North American logistics
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Crypto
PayPal launches PYUSDx to support app-specific stablecoins
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Crypto
Tech Insight: Who holds stablecoins and how they are used in the $300 billion market
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Crypto
WisdomTree launches tokenised mutual fund for 24/7 trading after SEC approval