BaFin-regulated Bullish Europe has become the first crypto exchange to offer Societe Generale – FORGE’s stablecoin dubbed the USD CoinVertible (USDCV). By taking this step, the digital asset trading and custody service provider is expanding access to regulated crypto assets. The usdcv token and target investors Bullish Europe has inked a strategic partnership with Societe Generale – FORGE, a digital asset subsidiary of the Societe Generale Group. This deal has now made the exchange the first to offer S ...

Crypto exchange OKX said it is offering 4.1% yields on USDG in weekly payouts, without staking lockups. OKX is responding to intensifying competition for stablecoin dominance, it said in an emailed announcement on Tuesday. USDG is minted by stablecoin issuer Paxos and is backed 1:1 by U.S. dollars. OKX joined the Global Dollar Network in July, and now brings USDG to onshore and offshore users, pitching it as a “dollar that pays you back” during quiet markets or when traders park idle funds. Yield has b ...

Stable, a layer 1 blockchain network, has integrated PayPal USD (PYUSD), a stablecoin issued by PayPal, to enhance commerce and financial transactions on its Stablechain network. It will offer permissionless use of PYUSD on the Stable blockchain, expanding PYUSD distribution, utility, and liquidity. The integration of PYUSD into Stablechain leverages LayerZero's technology to offer a seamless cross-chain experience. It is said to provide “ultra-fast” processing speeds and reduced fees for near-instant tr ...

World Liberty Financial (WLFI), the decentralized finance (DeFi) project from the Trump family, announced its plans to bring a debit card with retail application. This project will help them facilitate seamless transactions for their native USD1 stablecoin, which will integrate with Apple Pay. Zak Folkman, the co-founder of World Liberty Financial, made the announcement while speaking at the Korea Blockchain Week 2025, in Seoul, on Sept. 23. Folkman said: ” allows users to be able to attach their USD1 and ...

Layer 1 blockchain network Stable said Monday (Sept. 22) that PayPal Ventures invested in its latest funding round and that Stable will enable users to utilize PayPal’s stablecoin, PayPal USD (PYUSD), on its blockchain.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access t ...

The recently launched Tether-backed, purpose-built layer-one (L1) blockchain for stablecoins, Plasma, announced Plasma One on September 22—a super-app that is a stablecoin-native neobank and card. Both the Plasma network and the super-app will have their operations centered around USDT initially. According to the official announcement, users will be able to “pay directly from stablecoin balance while earning 10%+ yields.” Other announced benefits include 4% cash back while using Plasma One cards, coverage ...

Plasma, a blockchain startup building stablecoin infrastructure, has launched Plasma One, a neobank designed to make using digital dollars as simple as cash. Fresh off a 7x oversubscribed ICO with $373 million in investment commitments, and with billionaire investor Peter Thiel among its early backers, Plasma is positioning itself as a one-stop shop for saving, spending, and sending stablecoins. “The dollar is the product, and most of the world is desperate to access it,” said Paul Faecks, CEO of Plasma, ...

PayPal Ventures has invested in Stable to bring PayPal USD (PYUSD) to Stablechain, aiming to expand its distribution and make global payments faster and cheaper, according to a blog post Monday. Stable’s blockchain, built for stablecoin transactions with sub-second finality and low fees, is designed to fix the infrastructure issues that have slowed adoption, the company said. The size of the investment was not disclosed. Stablecoins are cryptocurrencies whose value is tied to another asset, such as the U ...

When stablecoin issuer Circle recorded a $482 million loss in the second quarter, it sent the firm’s stock tumbling 15% in a single day. Despite the volatility, the USDC issuer still trades at a whopping $36 billion valuation, up 115% from its public offering price. So, what’s propping up Circle? Insatiable demand for stablecoins among Wall Street investors, according to Colin Butler, head of global financing at crypto treasury firm Mega Matrix. “Investors have an idea that this is a sector for exponen ...

The new week started on a high note for MetaMask, as its USD-pegged stablecoin, mUSD, reached a notable milestone. Precisely, the circulating supply of the token climbed to $65 million. This is quite significant for a stablecoin that was launched barely a week ago. mUSD Circulating Supply Records Over 300% Spike in a Week As of Sept. 22, mUSD’s circulating supply had topped $65 million, sparking excitement in the broader cryptocurrency community. It is worth noting that this figure for the MetaMask stabl ...