Coin Prices


AD

News Explorer — PayPal's Stablecoin Off to Sluggish Start: Nansen

Generated by AI, curated by humans


Aug 25, 5:54 pm
Blockworks

PayPal's Stablecoin Off to Sluggish Start: Nansen

Despite being backed by PayPal and listed on Coinbase, PayPal's stablecoin PYUSD has struggled to gain adoption in its first three weeks. With a total supply of 47 million tokens, the majority of which have never circulated, PYUSD is primarily held on centralized exchanges. In contrast, other decentralized stablecoins have seen faster adoption, highlighting the importance of finding real-world use cases for stablecoins.

Latest

Sep 22, 6:39 pm
Decrypt

Bitcoin Critic Senator Menendez Charged With Bribery

Read Summary

Sep 22, 5:46 pm
Decrypt

Gucci's Latest Fashion Show Is Now in Roblox Too

Read Summary

Sep 22, 2:46 pm
Blockworks

Google Cloud's Analytics Service Now Supports Polygon, Avalanche, More

Read Summary

Sep 22, 12:10 pm
Decrypt

FTX Claims Are Being Traded for 35% of Debt Value

Read Summary

Sep 22, 12:07 pm
Protos

Nansen Blames Unnamed Third-Party for Security Breach

Read Summary

Sep 22, 11:55 am
Protos

Bitcoin Ordinals Creator Draws Backlash for Renumbering Proposal

Read Summary

Sep 22, 11:07 am
Decrypt

FTX Sues Former Hong Kong Affiliate Employees

Read Summary

Sep 22, 10:40 am
The Block

Ethereum's Dencun Network Upgrade Could Be Delayed Into 2024

Read Summary

Sep 22, 10:21 am
The Block

Ethereum Network Activity 'Disappointing' After Merge, Says JPMorgan: Report

Read Summary

Sep 22, 10:28 am
Decrypt

Binance, CEO Zhao File to Dismiss SEC Lawsuit

Read Summary

Sep 22, 9:44 am
Coindesk

Bybit to Suspend UK Operations From October 1

Read Summary

Sep 22, 9:20 am
Decrypt

Nansen Users’ Blockchain Addresses Exposed in Security Breach

Read Summary

Sep 21, 9:01 pm
The Block

FTX Founder Won't Be Released Before Trial

Read Summary

Sep 21, 9:29 pm
Decrypt

UK Regulator Sends 'Final Warning' to Crypto Firms

Read Summary

Sep 21, 7:56 pm
Coindesk

Sam Bankman-Fried's Planned Witnesses Barred From Testifying

Read Summary