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Ripple’s CTO Weighs In: Is PayPal’s New Stablecoin Safe Or A Centralization Nightmare?
In the fast-paced domain of cryptocurrencies, industry giants are constantly seeking ways to advance and adapt. San Jose-based payment platform, PayPal, has been no exception to this trend. The company’s recent introduction of its own stablecoin, PayPal USD (PYUSD), signals a landmark move in its journey within the cryptocurrency sector. The launch, however, was quickly […] дальше »
2023-8-8 21:00 | |
Huobi to launch PayPal’s stablecoin trading
Huobi will launch a trading pair with PayPal’s stablecoin PYUSD, backed by the US dollar, with a perpetual zero trading fee. Huobi users will be able to trade PYUSD/USDT. The announcement highlights that the exact date of pair launch will depend… дальше »
2023-8-9 19:34 | |
PayPal’s stablecoin has wallet freezing and wiping functions
An analysis of the smart contract of the just-launched PayPal stablecoin PYUSD revealed the presence of so-called “centralization attack vectors.” Smart contract security auditor Pashov pointed out in a recent Twitter thread that PYUSD’s contract has an ‘assetProtection’ role. It… дальше »
2023-8-8 17:49 | |
Huobi будет поддерживать стейблкоин PayPal
Криптовалютная биржа Huobi «в скором времени» интегрирует недавно запущенный стейблкоин от платежного гиганта PayPal (PYUSD). Согласно пресс-релизу, листинг актива произойдет, когда «наладится рыночное обращение и созреют условия ликвидности». дальше »
2023-8-8 17:46 | |
Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD
Crypto infrastructure provider Paxos Trust is already working on other stablecoin projects similar to PayPal’s new PYUSD, said Paxos’ head of strategy Walter Hessert on CoinDesk TV on Tuesday. дальше »
2023-8-8 17:43 | |
PayPal запускает стейблкоин PYUSD. Уже появились фейковые монеты
Гигант по обработке платежей PayPal активно участвует в секторе цифровых валют после запуска криптовалютных платежей в 2020 году. 7 августа американская финансовая технологическая компания PayPal объявила о запуске нового стейблкоина под названием PayPal USD (PYUSD). дальше »
2023-8-9 17:17 | |
What Is The PayPal Stablecoin (PYUSD)?
In a move set to shake up the crypto payments sector, Paypal has launched its own stablecoin - PYUSD. Here we explore what PYUSD is, how it works, and why it matters for the future of digital payments. дальше »
2023-8-9 15:00 | |
PayPal запускает долларовый стейблкоин
Для запуска стейблкоина PYUSD PayPal заключила сотрудничество с платформой Paxos. Платежный гигант PayPal объявил о том, что запускает долларовый стейблкоин, у которого будет паритет 1:1 к доллару США с возможностью обмена на американскую валюту в любое время. дальше »
2023-8-9 14:39 | |
PayPal PYUSD Stablecoin Analysis Sparks Outrage – Is it Just a USDT and USDC Knockoff?
In a recent tweet, analyst Cygaar shed light on the intricacies of the PayPal stablecoin contract. One of the key points Cygaar highlighted was that the contract is written in an extremely old version of Solidity. дальше »
2023-8-8 13:57 | |
Криптобиржа Huobi готовится к листингу стейблкоина PayPal USD
Команда криптовалютной биржи Huobi объявила, что скоро залистит стейблкоин PYUSD, о запуске которого ранее объявила компания PayPal. дальше »
2023-8-8 13:47 | |
PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill
United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of PayPal’s launch of its own stablecoin PYUSD. дальше »
2023-8-8 13:30 | |
Surge in Counterfeit PYUSD Tokens Emerge Following PayPal’s Stablecoin Debut
In the aftermath of PayPal’s recent announcement, a swarm of counterfeit PYUSD tokens, numbering around 30, has emerged. Following the introduction of PayPal’s latest stablecoin, PYUSD, speculators, risk-takers, and potential fraudsters are already endeavoring to exploit the buzz by launching their own imitation tokens. дальше »
2023-8-8 13:01 | |
Market sentiment sways as Tether sees largest redemption since FTX collapse amid PYUSD launch
Quick Take Tether, the issuer of USDT, has recently experienced one of its largest redemptions since the FTX collapse in Nov. 2022, according to Paolo Ardoino, Tether’s CTO. A total of approximately 325 million USDT was redeemed, marking a significant event in the stablecoin’s history. дальше »
2023-8-8 13:00 | |
US official calls for stablecoin law amid PayPal’s PYUSD launch
Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar for modern payments. The endorsement was given on Aug. 7, shortly after PayPal announced the stablecoin launch in partnership with Paxos. In… дальше »
2023-8-8 12:54 | |
PayPal USD Debut: Why Its New Stablecoin Is Triggering Apprehension
PayPal has concluded an extended period of careful consideration, advancement, and setbacks to unveil its newly established stablecoin tied to the US dollar. The stablecoin, called PayPal USD (PYUSD), facilitates users in engaging in activities such as “purchasing, vending, retaining, and transferring” the token using the payment processor’s interface. дальше »
2023-8-8 12:17 | |
Мошенники уже зарабатывают на стейблкоине PayPal
Рынок наводнили фейковые монеты, которые мошенники выдают за стейблкоин популярной платежной системы PayPal. Рассказываем, как отличить настоящий токен от мошеннического. 7 августа одна из крупнейших платежных систем PayPal объявила о запуске собственного стейблкоина на базе Ethereum — PayPal USD (PYUSD). дальше »
2023-8-8 11:58 | |
Could PayPal’s Stablecoin Enhance Ethereum as the Money Layer of the Internet?
PayPal has announced the launch of a new dollar-pegged stablecoin, PYUSD, on the Ethereum network. The move has been largely welcomed by the crypto community, despite some concerns over centralization. дальше »
2023-8-8 07:30 | |
US Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments
In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD. This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […] дальше »
2023-8-8 06:00 | |
House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement
Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system. дальше »
2023-8-8 04:00 | |
PayPal USD Stablecoin: A New Age for Web3 Payments
PayPal announces PYUSD, its own U.S. dollar-backed stablecoin, aiming to enhance digital payments. Bridging fiat and web3, PYUSD promises broad applications. The post PayPal USD Stablecoin: A New Age for Web3 Payments appeared first on NFT News Today. дальше »
2023-8-8 00:41 | |
PayPal запустил собственный стейблкоин PYUSD
Платежный гигант PayPal объявил о запуске «стабильной монеты» PayPal USD (PYUSD). Эмитентом выступает инфраструктурная компания Paxos. Согласно сообщению, актив полностью обеспечен «депозитами в долларах США, краткосрочными казначейскими векселями и аналогичными денежными эквивалентами». дальше »
2023-8-8 19:52 | |
BREAKING: Did Solana Miss A Golden Opportunity To Collaborate With PayPal’s PYUSD Stablecoin?
Reports indicate that PayPal’s stablecoin, PYUSD, was originally intended to be launched in collaboration with FTX on the Solana blockchain in 2022. However, unforeseen circumstances led to a sudden suspension of these plans. дальше »
2023-8-7 19:36 | |
PayPal ventures into stablecoins with launch of PYUSD
PayPal has introduced its stablecoin, PayPal USD (PYUSD), marking its latest foray into digital currency. A global payment platform PayPal launched its own stablecoin on August 7, PayPal USD (PYUSD), making it the first large financial company to do so.… дальше »
2023-8-7 18:48 | |
PayPal Announce Launch of Its Stablecoin PYUSD in Partnership With Paxos
PayPal has announced the launch of its stablecoin PYUSD, backed by the US dollar and short-term treasuries, in partnership with Paxos. The post PayPal Announce Launch of Its Stablecoin PYUSD in Partnership With Paxos appeared first on BeInCrypto. дальше »
2023-8-7 17:55 | |
PayPal stablecoin PYUSD launches on Ethereum
In a move signaling the significant shift towards digital currencies, PayPal has announced the launch of its U. S. dollar-backed stablecoin – PayPal USD (PYUSD). This development, announced by PayPal directly, adds a new dimension to the emerging potential of regulated, fully-backed stablecoins in transforming payments in digitally native environments like web3. дальше »
2023-8-7 17:07 | |
BREAKING: PayPal Unveils Dollar-Backed Stablecoin On Ethereum
According to a press release, payment company PayPal launched a U.S.-backed stablecoin called PayPal USD (PYUSD). The digital asset is supported by short-term US treasuries and their cash equivalents, and other assets in the nascent sector, such as Tether (USDT) and USD Coin (USDC), are redeemable on a 1:1 parity for its underlying. Related Reading: […] дальше »
2023-8-7 16:52 | |
Breaking: PayPal launches PYUSD stablecoin for payment
Payment processing giant PayPal launched crypto payments in 2020 and has since been actively involved in the sector.
дальше »2023-8-8 16:07 | |