Stablecoin

Cynthia Lummis, U.S. Senator, WY, U.S. Senate and Nikhilesh De, Managing Editor, Global Policy and Regulation, CoinDesk with Congressman Patrick McHenry on the screen (Shutterstock/CoinDesk)
How PayPal Upended the Crypto Debate in Washington D.C.
Democratic policymakers are rethinking their stance on stablecoins in the wake of the fintech giant's PYUSD announcement, says John Rizzo. Here's why.
Cynthia Lummis, U.S. Senator, WY, U.S. Senate and Nikhilesh De, Managing Editor, Global Policy and Regulation, CoinDesk with Congressman Patrick McHenry on the screen (Shutterstock/CoinDesk)

Singapore (Shutterstock)
Singapore's Central Bank Releases Stablecoin Regulatory Framework
Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request
Singapore (Shutterstock)

Bitcoin Price Steady Around $29.3K as SBF Goes Back to Jail
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 attempt...
Bitcoin Price Steady Around $29.3K as SBF Goes Back to Jail

Bank of America Predicts PayPal’s Stablecoin Unlikely to Be Used Widely Anytime Soon
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 unlikel...
Bank of America Predicts PayPal’s Stablecoin Unlikely to Be Used Widely Anytime Soon

Why Smart Tokens Could Bring a 'Radical New Digital Experience'
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 opportun...
Why Smart Tokens Could Bring a 'Radical New Digital Experience'

PayPal Launches Stablecoin; SFC Issues Warning as Crypto Comes to Rescue in War
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, insight...
PayPal Launches Stablecoin; SFC Issues Warning as Crypto Comes to Rescue in War

Bank of America doesn't believe PayPal's new stablecoin will gain widespread adoption in the near future. (Shutterstock)
PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America
Longer term, the bank sees much more competition for the token.
Bank of America doesn't believe PayPal's new stablecoin will gain widespread adoption in the near future. (Shutterstock)

Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin
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 regul...
Rep. Maxine Waters Is 'Deeply Concerned' About PayPal’s New Stablecoin

PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)
PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits
While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal's own coffers most of all.
PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)

Stablecoin Market Could Reach Almost $3T in Next 5 Years: Bernstein
Stablecoin Market Could Reach Almost $3T in Next 5 Years: Bernstein
Bernstein analysts said in a research report that the stablecoin market is expected to grow from $125 billion to $2.8 trillion of tokenized digital currency in the next five y...
Stablecoin Market Could Reach Almost $3T in Next 5 Years: Bernstein