Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
PayPal’s PYUSD stablecoin market value has fallen 40% from its August high
2024-10-16 16:14:03
Odaily News PayPal's PYUSD stablecoin has fallen 40% from its August high of more than $1 billion to a current market value of about $618 million. Haseeb Qureshi of DragonFly believes that the trend is caused by lower yields for lenders on platforms such as Solana-based Kamino, Drift and MarginFi. (THeBlock)
Source Link
Recommended Articles
Airdrop Weekly Report | Resolv's Season 2 airdrop will be available for claiming on September 19th; SoSoValue's Season 2 Token Ambassador Program will airdrop 30 million SOSO tokens (September 8th-14th)
Academics make a comeback: Small-town professor Waller becomes the most popular candidate for Federal Reserve Chairman
One-week token unlock: VELO ushered in the final unlock
A $12 billion false boom? Figure and DefiLlama's dispute over "RWA data falsification"
Pro
USDH voting in progress: "Predetermined script", "Boss chasing love", "Quitting at the peak of his career" take turns to play
10x Research: With NAV compression and volatility declining, is the opportunity for cryptocurrency stocks coming?
This week's featured interactive projects: Aster Phase II points airdrop, SoSoValue Season II event, Sentient's new Galxe mission
How much money does Arthur Hayes, the industry's "number one prophet," have?
24-Hour Flash News
16minutes ago
The hacker who minted 120 million YU on Polygon sold 7.71 million YU for 7.7 million USDC
22minutes ago
USDT market value exceeds $170 billion, setting a new record
an hour ago
Monero is attacked again and a block reorganization occurs
an hour ago
Gate will list Boundless (ZKC) spot trading and open Launchpool
an hour ago
The State Council approved the implementation plan for the pilot program of comprehensive reform of market-oriented allocation of factors in some regions of the country, and plans to explore blockchain green asset transactions in southern Jiangsu.
an hour ago
Galaxy Digital increased its holdings by another 932,000 SOL in the past 6 hours
Important News
16minutes ago
The hacker who minted 120 million YU on Polygon sold 7.71 million YU for 7.7 million USDC
22minutes ago
USDT market value exceeds $170 billion, setting a new record
an hour ago
Monero is attacked again and a block reorganization occurs
2hours ago
SUI Group: The Board of Directors has authorized the launch of a new $50 million share repurchase program
2hours ago
Former U.S. Treasury Secretary Summers: Trump will realize that criticizing the Federal Reserve is extremely risky, and stablecoins will not lead to a significant increase in net demand for U.S. Treasuries
2hours ago
Goldman Sachs: The trend of blockchain in capital markets is becoming increasingly clear
Download Odaily App
Let Some People Understand Web3.0 First
IOS
Android