PayPal plans to offer 3.7% annual yield on its PYUSD holdings to its U.S. customers in a bid to spur wider adoption and ...

Following PayPal’s example, leading TradFi players such as Fidelity, Robinhood Markets, and Revolut are also exploring the stablecoin market. World Liberty Financial Inc. (WLFI), the crypto ...

Unlike volatile cryptocurrencies, stablecoins are backed 1:1 by reserve assets to maintain a ‘stable’ value tied to ...

PayPal is offering a 3.7% annual yield on its PYUSD stablecoin to get more people using it, after falling behind in a space ...

Other financial technology companies like Robinhood, Revolut, Stripe, and Fidelity are exploring or developing their own stablecoin products. Coinbase already offers yield on USDC, and Circle ...

PayPal and Coinbase are expanding their collaboration to boost the adoption and use of the PayPal USD (PYUSD) stablecoin.

Citigroup projects a significant growth in the stablecoin market, suggesting it could magnify from around $240 billion ...

Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory ...

including stablecoin issuer Circle, filing for an initial public offering. Fidelity states that, for security, it holds the majority of its crypto in cold storage, which consists of crypto wallets ...

Ethereum ETFs recorded net inflows of $104.1 million on Friday — their highest daily inflow since February 4, per SoSoValue ...

Notable recent efforts include the news that Fidelity will continue developing an in-house (dollar-backed) stablecoin, following the lead of other institutions such as JP Morgan Chase and other ...