PayPal stablecoin PYUSD, is set to become available on decentralized finance (DeFi) platforms at a later date, according to one of the company's insiders. In an interview on the Unchained Podcast, Jose Fernandez da Ponte, PayPal's senior VP of blockchain, crypto, and digital currencies,...
Visa (NYSE: V) has announced that they will be using the current standard for Account Abstraction (ERC-4337) on Ethereum (ETH) to allow users to pay for their transaction’s gas fees directly with a Visa credit card. The move is expected to allow users to...
Huawei Technologies Co., Ltd., the Chinese multinational technology corporation, has upgraded its Huawei Cloud services with the launch of a new section called ‘Web3.0 Node Engine Service’. This will allow the company to expand its services into the Web3 industry.
Renowned crypto news reporter Colin...
JPMorgan analysts have shed light on how the recent launch of PayPal’s stablecoin could potentially benefit Ethereum and other decentralized finance (DeFi) platforms.
1. Increased Total Value Locked
According to JPMorgan analyst Nikolaos Panigirtzoglou, the launch of PayPal’s stablecoin could boost Ethereum's network utility and overall...
On August 7, 2023, Paypal made headlines by unveiling a new stablecoin, pegged to the value of the U.S. dollar. However, the lack of specific information regarding the token contract has given rise to confusion and speculation in the crypto community. Both Paypal and...
Vitalik Buterin, one of the founders of Ethereum, expressed his dissatisfaction with the actions of the U.S. Securities and Exchange Commission (SEC) against cryptocurrency exchanges and projects. When asked by Matt Huang, the founder of Paradigm, a California-based cryptocurrency investment firm, about his opinion...
