Former Coinbase Execs Debuts Stablecoin-Driven Crypto Exchange—Details
Two ex-senior executives from Coinbase, Vishal Gupta and Patrick McCreary, have announced the launch of TrueX. This new crypto exchange will focus on stablecoins, using PayPal Holdings Inc.’s PYUSD as its “preferred token for transactions.” According to a Bloomberg report, TrueX aims to cater primarily to institutional investors in the US and select international markets. This […]
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In a groundbreaking move that signals a convergence of traditional finance and the burgeoning crypto economy, Coinbase announced its intention to list PayPal’s stablecoin, PYUSD. This comes on the heels of Kraken’s recent addition of PYUSD trading options, marking a significant stride in the stablecoin’s mainstream adoption. “Coinbase Assets” took to Twitter to confirm the […]
Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides.
Coinbase has expanded its “Business” platform beyond the US with its Singapore launch, with Standard Chartered as the banking partner. Coinbase Business Launches Outside The US For The First Time As announced in a blog post, cryptocurrency exchange Coinbase has rolled out “Coinbase Business” in Singapore. Coinbase Business is the exchange’s segment geared at startups […]
Coinbase chief legal officer has suggested that negotiators in the Senate are “very close” to a deal on the CLARITY Act’s most contentious crypto issue. Coinbase: “Very Close To A Deal”, Despite Stablecoin Dispute It’s all about the stablecoins. Whether and how exchanges can pay yield on stablecoin balances continues to be the bone of […]