Paxos Launches New Stablecoin Payments Platform
Stripe is first customer to utilize new solution
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USDA Stablecoin Strengthened Through Anzens, BitGo Collaboration
Anzens unveils that BitGo Trust, an industry-leading Qualified Custodian catering to institutional clients, will provide custodial services for its Cardano stablecoin USDA. The joint technical effort between Anzens Inc., the issuer of USDA, EMURGO, the technology provider behind the Anzens platform, and BitGo Trust, a Qualified Custodian, underscores Anzens’ commitment to security by integrating BitGo’s advanced financial infrastructure into the USDA stablecoin protocol. A secure, Cardano-native, fully reserved stablecoin is foundational for the development of decentralized finance applications and protocols on the Cardano blockchain. The launch of USDA also...
BitGo Introduces A New Standard for Stablecoins: Meet USDS
BitGo, the leading digital asset custodian, is pleased to announce the launch of USDS: The USD Standard, a groundbreaking 1:1 USD-backed stablecoin that aims to transform the digital asset landscape by prioritizing fairness, transparency, and market neutrality. USDS is designed to challenge the existing stablecoin market dynamics, specifically targeting the dominance of single-issuers like Circle and Tether. Unlike traditional stablecoins that funnel significant rewards back to issuers or a select group of partners, USDS introduces...
Fireblocks & Chainlink Labs To Accelerate Regulated Stablecoin Issuance
Fireblocks' digital asset infrastructure and Chainlink will provide an end-to-end technology solution for financial institutions looking to issue and transact regulated stablecoins, setting a new industry standard for stablecoin issuance
Fireblocks Joins Stablecoin Standard
Stablecoin Standard, the industry body for stablecoin issuers globally, has announced that Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations, has joined as an industry partner to help establish security standards for the issuance of stablecoins. Stablecoins – a type of digital asset whose value is pegged to a specific asset or basket of assets – offer a host of benefits in areas such as cross-border and tokenized money payments, including enabling...
Aave’s GHO Stablecoin Now Live on Arbitrum Powered by Chainlink CCIP
Following community discussions and voting, the Aave DAO has launched GHO on the Arbitrum network – the DAO’s first new market in its phased GHO cross-chain expansion strategy. GHO, the multi-collateralized stablecoin native to the Aave Protocol, will utilize the industry standard Chainlink Cross-Chain Interoperability Protocol (CCIP) and rollout progressively, beginning with Arbitrum as the first network and expanding over time to other networks. The expanded availability of GHO beyond Ethereum mainnet aims to increase accessibility, lower transaction costs, enhance the user experience, and...
BitStore.com Integrates USDD Stablecoin for Global Transactions
BitStore.com, a leading platform in the Web3 card space, announces a strategic partnership with USDD. This collaboration enables BitStore.com users to top-up their accounts with USDD and spend it seamlessly across the globe, marking a significant milestone in the integration of stablecoins into everyday financial transactions. Key Benefits for Bit.Store Users: Enhanced Stability: Utilise USDD’s over-collateralized stablecoin for everyday transactions, providing peace of mind amidst market volatility. Global Reach, Local Exclusion: While USDD expands Bit.Store’s functionality on a global...
BitPay adds Support for PayPal USD (PYUSD) Stablecoin
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced it has rolled out PayPal USD (PYUSD) payments for merchants and consumers. Xsolla will be one of the first merchants to accept PYUSD, enabling their customers to buy any merchandise online using the PayPal stablecoin. PYUSD is designed to be a cryptocurrency for payments and is issued by Paxos Trust Company. The stablecoin is fully backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, and can be redeemed...
Stablecoin Studio now available on the Hedera network
Web3 stablecoin platforms, institutional issuers, enterprises, and payment providers can build stablecoin applications using Hedera network services without specialized blockchain expertise
BitPay adds Support for PayPal USD (PYUSD) Stablecoin
Xsolla will be one of the first merchants to accept the new PYUSD payment option