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PayPal’s Stablecoin Lands on Polygon With Built-In Compliance and Fiat Access

PayPal’s US dollar-backed stablecoin, PYUSD, has launched on the Polygon blockchain through a native issuance by Paxos. The latest move allows businesses to use the token for cross-border payments through…

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Stellar’s XLM Leads Monthly Crypto Rally With 50% Surge as Tokenized Assets Pile In

Stellar’s XLM token climbed more than 45% between June 15 and 18 as tokenized real-world assets piled onto the network. Backers pointed to newly enabled tokenized U.S. Treasuries and deepening…

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SEC Grants Paxos Historic Approval to Clear and Settle US Equities on Blockchain

Paxos has become the first blockchain-native firm to receive full SEC approval as a registered clearing agency, setting the stage for same-day settlement in traditional capital markets. SEC Opens Wall…

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FTC Warns Visa, Mastercard, Paypal, Stripe as Debanking Concerns Shake US Financial Access

Federal regulators intensify scrutiny of payment giants, signaling potential enforcement over account restrictions that may conflict with consumer expectations and disclosed policies, raising stakes for Paypal, Stripe, Visa, and Mastercard.…

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Moonpay, M0, and Paypal Launch ‘PYUSDx’ to Power Application-Specific Stablecoins

Moonpay and the universal stablecoin platform M0 have introduced PYUSDx, a framework that allows developers to launch their own branded stablecoins backed by Paypal USD (PYUSD). Announced on February 27,…

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