PayPal’s new platform lets anyone issue a dollar backed by a dollar
Draw the plumbing and something odd falls out. PayPal, M0 and MoonPay went live on September 9 with PYUSDx, a…
Category: Financial
Jim Cramer Calls 30-Year Treasury ‘King’ as 5.3% Yield Challenges Stocks
Jim Cramer says investors should pay more attention to the 30-year U.S. Treasury than individual company fundamentals as long-term borrowing…
A ‘fly’ is now trading crypto and is only down 1%
The digital equivalent of a fly’s brain is now capable of trading $BTC, $ETH, $USDC, and $SOL on Coinbase. Coinbase…
India’s richest state is exploring tokenizing its own assets to fund new infrastructure
The Indian state of Maharashtra is developing a policy to bring its own assets onto blockchain, including a potential tokenization…
Anchorage Digital opens institutional access to Frgmnt’s fUSD and sfUSD
Frgmnt has partnered with Anchorage Digital to give institutional clients access to its fUSD stablecoin and sfUSD staking product through…
With Fed rate hike all but assured, here’s how markets might react
The Federal Reserve looks increasingly likely to raise rates next week after the hot core CPI reading Friday. Markets have…
Crypto ‘Speed Bump’ Scenario Predicted by Grayscale Head of Research
Grayscale Head of Research Zach Pandl says the latest U.S. inflation data could create a temporary setback for cryptocurrency markets.…
TD Securities Revised Its Fed Interest Rate Forecast Following Today’s Inflation Data
TD Securities has significantly revised its Federal Reserve forecast following stronger-than-expected inflation data in the US. While the firm’s strategists…
India, Russia discuss CBDC payments as bilateral trade nears $60 billion
India and Russia have begun working on a digital currency settlement mechanism for bilateral trade as their central banks examine…
Why Circle is spending $400M to fix the last mile holding stablecoins back from real-world payouts
Circle is offering $400 million in stock for Tazapay because a stablecoin can cross a blockchain in seconds and still…