Cryptocurrency Latest News & Updates
PayPal launches PYUSDx after $100M milestone
PayPal, M0 and MoonPay officially launched the PYUSDx custom stablecoin platform on Sept. 9 with three active projects that the companies said have collectively processed more than $100 million. Summary PYUSDx lets businesses issue customized stablecoins backed by PayPal USD through modular token infrastructure services. Saturn, Concrete and Cap launched tokens that collectively processed more than $100 million already combined. MoonPay Digital A...
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XRP ETFs enter $11.4M Schwab collateral pool
XRP exchange-traded funds appeared in institutional collateral arrangements and attracted fresh investor money on Sept. 8, offering two distinct signs of their expanding role in U.S. markets. Summary SEC filing shows eight XRP ETF collateral line items valued near $11.39 million combined overall. XRP ETFs attracted nearly $2 million Tuesday while larger U.S. crypto ETF categories posted outflows. Five XRP products now hold $1.69 billion in cumula...
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HashKey Cloud joins Stacks Bitcoin staking launch
HashKey Cloud said on Sept. 7 that it had joined Stacks as a launch partner for self-custodial Bitcoin staking. Summary HashKey Cloud joined Stacks as a Genesis Bond participant and an sBTC signer operator officially. The institutional Genesis Bond is scheduled to launch around September 10, according to Stacks developers. Bonded Bitcoin remains timelocked on Bitcoin while participants pair it with locked STX tokens separately. HashKey Cloud says...
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