In recent times, gold-backed stablecoins have garnered significant attention. Amongst those tokens, Tether Gold and Paxos Gold stand out, with market capitalizations between $400 and $600 million, positioning them within the top ten global stablecoins. Figure 1:...
On Monday August 7, PayPal announced that it will launch a US dollar stablecoin, called PYUSD. This step is not surprising, because it is known for quite a while that PayPal is working on its own stablecoin. Still, it is a tremendous step for the whole crypto sector....
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