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PayPal’s stablecoin, PYUSD, made its debut on August 7. Explore PYUSD, what it means for crypto, and how the community reacted. The financial landscape, long accustomed to gradual evolution, witnessed a seismic shift on August 7 when PayPal, a vanguard of financial technology, introduced PYUSD, its US dollar-based stablecoin.  Today, we’re unveiling a new stable coin, PayPal USD (PYUSD). It’s designed for payments and is backed by highly liquid and secure assets. Starting today and rolling out in the next few weeks, you’ll be able to buy, sell, hold and transfer PYUSD. Learn more https://t.co/53RRBhmNHx pic.twitter.com/53ur2KmjU7 — PayPal (@PayPal) August 7, 2023 Stablecoins have long been considered in the mainstream financial ecosystem but haven’t seen widespread adoption. With PYUSD, PayPal has positioned itself at the intersection of traditional and digital finance, suggesting a possible increased role for digital currency in everyday transactions. What...

Join Our Telegram channel to stay up to date on breaking news coverage TRON is gradually getting its bullish rating back despite the sideways action across the crypto market. TRX price steadied the uptrend after respecting support provided at $0.0625 to trade at $0.0650 at the time of writing. Resistance at $0.0664 may stand in the way of an extended upswing in the short term, but if broken TRON could quickly close the gap to $0.10. TRX Price Uptrend Intact as TRON Releases Weekly Report The TRON blockchain height has exceeded 48.44 million, according to the latest report. Similarly, the number of accounts on the protocol reached approximately 141 million while the total number of transactions on the network grew to 4.84 million. As a decentralized finance (DeFi) ecosystem, TRON supports staking with the total value locked (TVL) currently above $11.40 billion. (1) TRON DAO on Twitter: “📢#TRON Weekly Report 2.06 – 2.12 ✅#TRON blockchain height exceede...