Recent reports indicate that the Central Bank of the UAE has given the green light to a new regulation governing the licensing and supervision of stablecoins. Additionally, a set of policies to bolster the banking, insurance, and financial services sectors has been approved.
Read MorePayPal has expanded its PYUSD stablecoin onto the Solana blockchain, introducing a new feature called "confidential transfers." This feature allows merchants to keep transaction amounts confidential while maintaining regulatory visibility.
Read MorePayPal has revealed its decision to adopt the Solana blockchain for expanding its stablecoin, PayPal USD (PYUSD), marking a significant departure from its previous reliance on the Ethereum ecosystem.
Read MoreAfter Venmo announced an increase in transaction fees, Dan Romero, co-founder of Farcaster, proposed the idea of a stablecoin payments app for US-based freelancers, citing dissatisfaction within the community.
Read MoreBVNK, a provider of payment infrastructure, has announced the incorporation of the PayPal USD (PYUSD) stablecoin, issued by Paxos Trust Company, into its payment system.
Read MoreIn order to solve the environmental issues related to Bitcoin mining, PayPal's Blockchain Research Group is putting forth an innovative solution in partnership with Energy Web and DMG Blockchain Solutions. The study employs the fundamental economic tenets of cryptocurrencies to motivate miners to adopt sustainable practices.
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