Sony Bank wins conditional OCC approval for Connectia Trust, a $40M national trust bank set to issue a dollar-backed stablecoin by 2027.
The post Sony Approved to Launch Sony Stablecoin appeared first on 99Bitcoins.
PayPal's integration of PYUSD on Polygon enhances transaction efficiency and security, potentially accelerating stablecoin adoption in global markets.
The post PayPal expands PYUSD stablecoin issuance natively on Polygon appeared first on Crypto Briefing.
Circle’s EURC launch on Base is a small but important stablecoin infrastructure move. It brings a native euro-denominated token to one of the most watched Ethereum layer-2 networks at a time when European regulation is b
Tether is again making it clear that it does not want to be viewed only as a stablecoin issuer. Its $25 million investment in telecom infrastructure pushes the company deeper into the world of physical networks, decentra
The post PayPal brings PYUSD stablecoin to Polygon’s Open Money Stack appeared on BitcoinEthereumNews.com.
PayPal USD (PYUSD) has become natively available on Polygon through the Polygon Open Money Stack, giving businesses direct access to the regulated stablecoin across payment, compliance and fiat conversion services. Summary PayPal USD is now issued natively on Polygon through the Open Money Stack, giving businesses direct access to regulated stablecoin payments and settlements. The integration combines wallets, fiat ramps and compliance tools into a single system to simplify cross border payments and local currency payouts. The launch extends PayPal’s PYUSD expansion after February’s PYUSDx platform and follows Mastercard’s decision to support PYUSD for stablecoin settlements across multiple blockchains. According to a press release shared with crypto.news, Paxos-issued PYUSD is now issued natively on Polygon and integrated into the Polygon Open Money Stack, allowing businesses alr
PayPal USD (PYUSD) has become natively available on Polygon through the Polygon Open Money Stack, giving businesses direct access to the regulated stablecoin across payment, compliance and fiat conversion services. According to a press release shared with crypto.news, Paxos-issued PYUSD…
The post PayPal Brings $PYUSD To Polygon To Expand Compliant Stablecoin Payments appeared on BitcoinEthereumNews.com.
PayPal, a well-known financial technology entity, is making its $PYUSD stablecoin available on Polygon, a prominent blockchain platform. The integration of $PYUSD into Polygon Open Money Stack is set to expand compliant stablecoin payments. As PayPal disclosed in its official press release, the development permits businesses to leverage $PYUSD for transfers across borders with native compliance, streamlined settlement infrastructure, and regulated off- and on-ramps. This rollout occurs at a time when the stablecoin network of Polygon keeps expanding, with its cumulative stablecoin supply hitting nearly $2.6T following doubling over the year. PayPal’s $PYUSD Goes Live on Polygon Open Money Stack Before GENIUS Act Deadline The integration of PayPal’s $PYUSD into Polygon Open Money Stack comes ahead of the 18th of July, the deadline for the United States-based regulators t
Aave's Stable Vaults could attract institutional investors to DeFi, but centralization risks and rate sustainability remain key concerns.
The post Aave Labs rolls out Stable Vaults for predictable stablecoin yield appeared first on Crypto Briefing.
The post USDT Delisting Revolut: Impact of EU MiCA Regulation appeared on BitcoinEthereumNews.com.
Revolut is cutting off access to USDT for customers across the European Economic Area and Switzerland, with the full delisting scheduled to wrap up by August 31, 2026. The decision, driven by the EU’s sweeping Markets in Crypto-Assets Regulation (MiCA), puts Revolut among a growing list of European crypto platforms quietly stepping away from the world’s largest stablecoin — and raises real questions for the millions of users caught in the middle. Key takeaways Revolut will delist USDT for customers in the EEA and Switzerland, with the process completing by August 31, 2026. The delisting follows a review under the EU’s MiCA framework; Tether chose not to seek MiCA authorization. USDT support continues unchanged on Revolut outside the EEA and Switzerland. The delisting of USDT already began on Revolut’s Revolut X trading platform for EEA customers before this announcement. Switzerland is in