Search results for USDPT
Crypto
Solana tops wallet holders for tokenised real-world assets, shakes up tokenisation race
Solana has ranked first among major blockchains by the number of wallets holding tokenised real-world assets, according to RWA.xyz data cited by Cryptopolitan. Solana had 285,971 wallets, about 31 percent of holders across 35 networks, and its holder count rose 29.3 percent in 30 days. Ethereum led in total decentralised RWA value at $16.3 billion. Solana’s transfer volume rose, alongside new tokenised credit and equity products and growing stablecoin use.
Crypto
Western Union\'s USDPT supported for trading on Bybit, expanding stablecoin strategy
Crypto exchange Bybit has begun supporting Western Union’s dollar-pegged stablecoin USDPT. The link marks USDPT’s first entry into a major crypto exchange and expands its use beyond payments to trading and transfers. The companies said USDPT can now be held, traded and sent on Bybit. USDPT was launched in May, issued by Western Union Digital with reserves held at Anchorage Digital Bank, and initially issued on Solana.
Crypto
Coinbase launches Flipcash USDF, expands branded stablecoin infrastructure business
Coinbase has launched USDF, a Solana-based stablecoin developed with Flipcash, Cointelegraph reported on May 20. USDF is backed one-to-one by Circle\'s USDC and is part of Coinbase\'s push to expand infrastructure for issuing branded digital currencies for businesses. USDF serves as the payment asset for digital currencies created on Flipcash, where pricing and trading are conducted in USDF. Competition in white-label stablecoin issuance services is intensifying.
