Bitfinex-backed Stable integrates PayPal’s PYUSD stablecoin

Bitfinex-backed Stable integrates PayPal’s PYUSD stablecoin

Stable, a Bitfinex-backed blockchain linked to Tether, announced PayPal Ventures’ support to bring the PayPal USD stablecoin onto its network. Stable, an institutional-grade stablecoin blockchain backed by cryptocurrency exchange Bitfinex, is integrating a stablecoin built by major online payment platform PayPal. PayPal Ventures has made a strategic investment in Stable to bring PayPal USD (PYUSD)…

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Traditional economies are being 'sunset,' in favor of the internet — VC

Traditional economies are being 'sunset,' in favor of the internet — VC

Blockchain, artificial intelligence, and online platforms are the future of commerce as the world moves to an internet-first economy. The traditional economy is being phased out in advanced countries that are transitioning to an internet-first economy dominated by the tech industry and digital platforms, according to Balaji Srinivasan, a former executive at crypto exchange Coinbase…

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