PayPal’s US Dollar-pegged stablecoin has integrated cross-chain bridge LayerZero to allow native transfers of PYUSD between the two networks.
Stablecoin news
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges.
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.
Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump’s presidency.
NFT trading volume on BNB Chain increased 283% quarter-on-quarter in Q3, driven by whales as average daily buyers fell over 50%, according to Messari.
Explore how Trump’s presidency may shape the future of crypto and the potential impact of his policy on crypto companies.
The vast majority of Tether’s USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins.
Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.