Crypto Exchange Huobi to List PayPal’ Stablecoin
Huobi has announced its plans to list PYUSD, the stablecoin recently launched by PayPal on Monday.
Huobi has announced its plans to list PYUSD, the stablecoin recently launched by PayPal on Monday.
Tether, the stablecoin issuer, has recently become the 11th largest Bitcoin holder globally.
Decentralized finance protocol Aave has just launched the decentralized stablecoin GHO on the Ethereum mainnet.
Circle, the issuer of stablecoin USDC, is planning on launching a stablecoin in Japan, as voiced by CEO and co-founder Jeremy Allaire.
Despite BTC’s rally to yearly highs, the stablecoin sector has not seen its full benefit, according to Fitch.
Hong Kong has penned a new policy proposal, emphasizing the benefits of a Hong Kong Dollar-backed stablecoin (HKDG), to be issued by the government.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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