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PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche and several other blockchains via LayerZero and its Stargate Hydra bridge. Payments giant PayPal is expanding its PayPal USD stablecoin across eight new blockchains, seven of which are through an integration with LayerZero’s Stargate Hydra bridge. The integration will create…
The UK has discussed adopting a more crypto-friendly approach with the US in a bid to boost industry innovation and attract more investment to Britain. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation. UK…
Circle is now a HYPE holder, has introduced native USDC to Hyperliquid and is considering becoming a network validator. Stablecoin issuer Circle is expanding into Hyperliquid with an investment and the launch of native USD Coin on the protocol, as stablecoin competition on the network intensifies. According to a Tuesday announcement, Circle is now a…
The stablecoin market cap topped $300 billion on CoinMarketCap, but discrepancies across platforms like CoinGecko and DefiLlama highlight challenges in tracking crypto assets. The stablecoin market is approaching a $300 billion capitalization, but figures differ widely across leading crypto data platforms, highlighting the challenges of measuring the fast-growing sector. The total stablecoin market cap reached…
Gemini, the Winklevoss-founded crypto exchange and custodian, has filed to list on Nasdaq under ticker GEMI, revealing steepening losses ahead of its IPO. Gemini Space Station, the crypto exchange and custodian founded by Cameron and Tyler Winklevoss, has filed with the US Securities and Exchange Commission to list its Class A common stock on the…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, USDC issuer Circle has introduced its layer-1 blockchain, Arc, and said its Q2 revenue and reserve income increased 53% year-over-year, an Ethereum developer who…
USDC issuer Circle has introduced its own layer-1 blockchain, Arc, as its stablecoin grew 90% year-over-year in Q2 2025. Circle, a publicly traded US company and the issuer of USDC stablecoin, said it will launch its own layer-1 (L1) blockchain compatible with the Ethereum Virtual Machine (EVM) later this year. The company released its second-quarter…
Circle’s USDC accounted for 63% of salaries paid in crypto in 2024, outpacing USDt despite its trading dominance, according to Pantera’s global compensation survey. The number of crypto professionals receiving salaries in digital assets has tripled over the past year, with 9.6% now paid in stablecoins, according to a report by venture capital company Pantera…
The move follows significant gas fee reductions after the Dencun upgrade, and comes amid intensifying competition across blockchains. Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-7999, a proposal to streamline Ethereum’s transaction fee structure. Released on Tuesday, the proposal seeks to establish a unified multidimensional fee market, allowing users to specify a…
The GENIUS Act leaves a foreign stablecoin loophole that puts US issuers at a competitive disadvantage, says former CFTC Chair Timothy Massad. The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the…