Huobi announces no-fee trading for PayPal’s $26M market cap PYUSD
Huobi advisor Justin Sun has invited PayPal to issue the stablecoin on Tron.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
The high interest rate would be unavailable to U.S. citizens and VPN users.
PayPal pushes the digital currency frontier with USD-backed stablecoin, fostering seamless conversion and regulated transactions.
The Stablecoin Supply Ratio (SSR) has grown notably this year, indicating a diminishing Bitcoin buying power for dollar-pegged coins.
Exploring the significant shift in supply growth in the top 5 largest stablecoins by market cap.
Tether reported that its excess reserves increased by $850 million to $3.3 billion during the second quarter.
Following a $250 million increase in TUSD supply, we explore the historical trend where such spikes have preceded Bitcoin price rallies.