PayPal Offers 3.7% on PYUSD
PayPal is about to turn its dollar-backed stablecoin into a savings vehicle. Beginning this summer, U.S. users on PayPal and Venmo will earn up to 3.7% annual reward simply for holding PYUSD in their balances, the payments giant announced on Tuesday. From payments rail to yield engine PYUSD, launched last August, was pitched as a […]
Russia Plans Elite Crypto Exchange
A three-way chess match between the Kremlin, the Finance Ministry and the Bank of Russia just produced its boldest gambit yet: a state-sanctioned crypto exchange reserved for the country’s financial aristocracy. From rumors to roadmap Finance Minister Anton Siluanov confirmed the plan during the ministry’s annual board meeting, framing it as the next step in […]
Sovereign Wealth Funds Quietly Stack Bitcoin
When Bitcoin’s price action stalled below $80,000 this spring, on-chain data showed retail wallets tapping out—yet Coinbase’s head of strategy John D’Agostino spotted a very different cohort stepping in. Speaking on CNBC, the former NYMEX director said sovereign wealth funds are now among the most active buyers of BTC, accumulating while mom-and-pop investors rotate into […]
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