On Aug. 26, Paypal’s PYUSD stablecoin hit the $ 1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a significant shift, with most of its tokens now issued on Solana. Paypal’s PYUSD Surpasses $ 1 Billion Market Cap Recent data shows …
21shares’ Toncoin ETP Reaches Over $100 Million in Assets Under Management
21shares, a company focused on providing crypto-based exchange-traded products (ETP), recently highlighted the growth of its Toncoin-focused product. The organization, which manages over $ 3 billion for its customers, celebrated the milestone of its Toncoin Staking ETP reaching over $ 100 million in assets under management (AUM). The product has become the most …
Telegram Reaches 950 Million Monthly Active Users
Telegram, the popular messaging app, has reached 950 million monthly active users worldwide, according to its founder Pavel Durov. The app has served as a platform for the popularization and growth of several cryptocurrency projects featuring tap-to-earn mechanics, such as Notcoin and the recently popular Hamster Kombat. Durov stated that the number of users has […]
Usual Money Launches Usual USD on Public Mainnet; TVL Reaches $90M
A project called Usual Money has officially unveiled its public mainnet, launching the usual usd (USD0) stablecoin. This initiative seeks to provide a decentralized alternative to traditional fiat-backed stablecoins. Usual Money Debuts USD0 Stablecoin and USD0++ Liquid Bond According to the project’s team, usual usd (USD0) is a stablecoin supported by real-world assets (RWAs), crafted […]
Global Crypto Advocacy Movement Reaches Canada
Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices. With approximately 5 million crypto holders in Canada, there is significant support for blockchain technology […]