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Stablecoin
Tether to Discontinue Support for Bitcoin Layer Omni Due to Lack of Demand
Tether said that it will stop support for Omni, a Bitcoin layer used for USDT transfers since 2014. The stablecoin issuer will also relinquish support for Kusama (KSM) and Bitcoin Cash (BCH) SLP implementations, according to the announcement. "The Hash" panel discusses the discontinuation of legacy products as cycles rotate in the crypto industry.
Comment PayPal a bouleversé le débat sur les Crypto à Washington DC
Les décideurs politiques démocrates revoient leur position sur les stablecoins suite à l'annonce du PYUSD par le géant de la fintech, explique John Rizzo. Voici pourquoi.
La Banque centrale de Singapour publie le cadre réglementaire des stablecoins
Les Stablecoins doivent détenir un capital de base minimum de 1 million de dollars de Singapour (740 000 $) et permettre le rachat dans un délai maximum de cinq jours ouvrables suivant une Request.
Bitcoin Price Steady Around $29.3K as SBF Goes Back to Jail
Bitcoin (BTC) is trading flat near the $29,300 level as investors react to the news that FTX founder Sam Bankman-Fried was sent to jail ahead of his October trial over attempts to tamper with witnesses. Ethena head of research & data Conor Ryder discusses the lack of price action in bitcoin and ether. Plus, insights on traders' interests in meme coins and a potential stablecoin race as fintech giant PayPal releases its dollar-pegged stablecoin PYUSD.
Bank of America Predicts PayPal’s Stablecoin Unlikely to Be Used Widely Anytime Soon
The launch of PayPal’s (PYPL) stablecoin PayPal USD (PYUSD) will drive payments efficiencies and an improved customer experience, but adoption of the cryptocurrency is unlikely to be significant in the near term, Bank of America said in a research report on Thursday. "The Hash" panel discusses the outlook for PYUSD and why this is a project to watch.
Why Smart Tokens Could Bring a 'Radical New Digital Experience'
Could smart tokens offer a gateway for companies to create new digital ownership opportunities? Smart Token Labs Chief Strategy Officer Mathew Sweezey breaks down the opportunities of smart tokens, explaining why they could be the "key" to "create these next-era digital primitives" and also enable a "radical new digital experience." Plus, reactions to PayPal's dollar-backed stablecoin launch.
PayPal Launches Stablecoin; SFC Issues Warning as Crypto Comes to Rescue in War
Host Angie Lau breaks down the state of the stablecoin market as global payments giant PayPal launches its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). Plus, insights on the crypto scene in Asia as Hong Kong's Securities and Futures Commission (SFC) issues a warning over unlicensed digital assets platform. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
Le stablecoin de PayPal ne devrait pas être largement utilisé de sitôt, selon Bank of America.
À plus long terme, la banque voit une concurrence beaucoup plus forte pour le jeton.
Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin
Rep. Maxine Waters (D-Calif.) said in a statement that she's "deeply concerned" about PayPal's launch of its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets.” CoinDesk's global policy and regulation managing editor Nikhilesh De discusses regulatory concerns surrounding PayPal USD (PYUSD).
La véritable stratégie de PayPal en matière de stablecoin : générer des intérêts sur vos dépôts
Bien que cela semble positif pour la Crypto, le stablecoin PYUSD profitera surtout aux propres caisses de PayPal.
