Mizuho Securities Research: 65% of PayPal Users are Ready to Use Bitcoin

A new research update from Mizuho Securities, a Japanese investment banking and securities firm has revealed the disposition of PayPal users in relation to the usage of Bitcoin (BTC) as a means of payment. Per an update posted on Twitter by CNBC markets commentator, Michael Santoli, Mizuho Securities revealed that about 65% of the platform’s … Continue reading Mizuho Securities Research: 65% of PayPal Users are Ready to Use Bitcoin

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex. Bitcoin futures has already reached the 50K mark as Bitcoin gains increased interest following Tesla’s $1.5 billion endorsement. Currently, the Bitcoin market cap has reached $920 billion and may soon exceed $1 trillion. According to Cryptoquant CEO, Bitcoin’s ascent to $50K is a war between Coinbase whales, who … Continue reading Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

Breaking: PayPal Launches Stablecoin PYUSD

On August 7, 2023, PayPal (NASDAQ: PYPL) announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD), aimed at transforming payments in web3 and digitally native environments. The announcement was made in San Jose, California, and marks a significant step in bridging the gap between fiat and digital currencies. PayPal USD: Features and Functionality … Continue reading Breaking: PayPal Launches Stablecoin PYUSD

Kraken Announces PayPal USD (PYUSD) Trading Starting August 21

Kraken, a prominent cryptocurrency exchange, has announced the inclusion of a new financial instrument to its platform. Starting August 21, Kraken will support trading for PayPal USD (PYUSD), a significant move that encapsulates the melding of traditional and digital financial systems. The decision by Kraken follows the unveiling of PYUSD by payment giant PayPal, marking … Continue reading Kraken Announces PayPal USD (PYUSD) Trading Starting August 21

Breaking: Visa Expands Stablecoin Settlement On Solana

Visa Inc. (NYSE: V), a global payments giant, has announced the expansion of its stablecoin settlement capabilities, according to Blockchain.News, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. A Leap in Cross-Border Settlements Visa’s latest move aims to modernize cross-border money movement by leveraging stablecoins like Circle’s USDC. The … Continue reading Breaking: Visa Expands Stablecoin Settlement On Solana

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