Stablecoins
PayPal’s Stablecoin Sees Minimal Activity Three Weeks After Launch
Only 10 Wallets Hold More Than 3,000 PYUSD
Aave Launches sDAI Pool As MakerDAO Weighs Reducing Yields
sDAI TVL Is Up $900M Since MakerDAO Boosted DAI Savings Rate In Early August
Coinbase Invests In USDC Issuer Circle
USDC Will Expand To Six New Chains; Centre Consortium To Dissolve
Singapore Finalizes Regulatory Framework For Stablecoins
Hong Kong and Singapore Vie For Regional Crypto Hub Status
Aave’s GHO Stablecoin Consistently Trades Under Dollar Peg
Recently Launched Stablecoin Trades At 3% Discount As Supply Nears $20M
Fed Looks To Increase Oversight Of Banks’ Crypto Activities
US Central Bank Also Clarifies Procedures For Banks Dealing In Stablecoins
Frax Founder Proposes Expansion Into Real-World Assets
US Entity FinresPBC Would Allow Frax To Custody Cash, Bonds, Treasury Bills and Other Low-Risk Assets
Hong Kong Stablecoin FDUSD’s Market Cap Surges by 10x In Two Days
Hong Kong-based FDUSD carves market share in volatile stablecoin sector.
Tether Reports $850M Profit In Second Quarter
Skeptics Continue To Question Quarterly Attestation Reports
