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Visa has expanded its stablecoin settlement platform by adding support for two new blockchains (Stellar and Avalanche) and three new stablecoins (PYUSD, USDG, and EURC), enhancing global payment speed and flexibility.
Visa's settlement network firm announced an update to meet the needs of partners worldwide.
PayPal is enabling U.S. small businesses to accept cryptocurrency payments, simplifying the process and integrating its stablecoin PYUSD, which could significantly boost mainstream crypto adoption.
The content promotes Floppapepe ($FPPE), an AI meme token, encouraging users to invest before it's too late.
PayPal has expanded support for its PYUSD stablecoin to the Arbitrum network, enhancing its utility and adoption by leveraging Arbitrum's scalability and lower transaction fees.
Tether's dominance in the stablecoin market is under threat from regulated rivals, and it plans to discontinue USDT support on five blockchains by September 2025.
Stellar's XLM token surged 6% in 24 hours, driven by PayPal's announcement to launch its stablecoin PYUSD on the Stellar blockchain, pending regulatory approval.
Apollo Global Management's Chief Economist Torsten Sløk highlighted significant implications for U.S. government debt markets in a recent investment note.