PYUSD stablecoin

Highlights: Paxos has fixed a major minting error after accidentally creating 300 trillion PYUSD. The PYUSD Mint incident caused a brief DeFi disruption before Paxos restored normal supply. Regulators and analysts have urged tighter controls after the Paxos error. Stablecoin […]

Highlights: PayPal has added support for PYUSD on the Arbitrum network after revising terms and conditions. Users holding at least 1 PYUSD in their Hub can earn daily rewards based on the average balance each month. PayPal may stop supporting […]

Highlights: PayPal lets U.S. merchants buy, hold, and sell digital assets directly from accounts. New cryptocurrency features will not be available for business accounts in New York. PayPal’s stablecoin initiatives position it for significant growth in digital assets. On September […]