Tether’s USD₮ approved as accepted virtual asset in Abu Dhabi
Abu Dhabi Global Market regulators have approved Tether’s USD₮ as an accepted virtual asset, opening the door to USDT financial services. Source link
Ondo introduces 24/7 conversions between PayPal USD and OUSG
Ondo Finance has introduced instant conversions between its tokenized short-term U.S. treasuries fund and the stablecoin PayPal USD. According to an announcement, investors will soon be able to convert in and out of Ondo’s (ONDO) core product – the Ondo Short-Term U.S. Government Treasuries. Investors will access this through PayPal USD (PYUSD). Ondo’s OUSG is […]
Van Eck heir to launch new USD stablecoin with $12M VC backing
The son of VanEck boss Jan van Eck has teamed up with former Galaxy Digital and Frax Finance executives to build the U.S. dollar stablecoin Agora digital dollar. Source link