Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of…
Circle has integrated USDC directly onto the Celo blockchain, enabling faster and cheaper transactions with its native stablecoin. This aligns with Circle and Celo's shared mission of increasing financial access.
San Francisco-based…
EUR CoinVertible (EURCV), the first euro-pegged stablecoin, was released by Société Générale, the third-largest bank in France, marking a significant milestone in the banking industry. This new achievement heralds the beginning of a new…
To many observers, this latest “Well’s Notice,” which typically precedes but doesn’t always lead to an official lawsuit, reeks of the SEC “picking winners” in the emergent world of crypto. In a sub-sector dominated by crypto natives, PayPal…
The House Financial Services Committee's top brass, including Chairman Patrick McHenry (NC-10), Vice Chairman French Hill (AR-02), and Chairman of the Oversight and Investigations Subcommittee, Bill Huizenga (MI-04), have formally…
On August 7, 2023, PayPal (NASDAQ: PYPL) announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD), aimed at transforming payments in web3 and digitally native environments. The announcement was made in San Jose,…
Aave, a popular lending protocol in the decentralized finance (DeFi) space, has taken action to mitigate the impact of recent price volatility in the stablecoin market. On March 11, the price of USD Coin (USDC), a commonly used stablecoin,…