Paypal PYUSD Become Sixth Largest Stablecoin

Quick Summary:

More than half of August has passed, but the crypto market is still stuck in neutral sentiments with minor recoveries here and there.

Bitcoin, the biggest cryptocurrency in the market, has surged almost 2% since yesterday, aiming for the $60K mark.

This is the largest growth rate for any major stablecoin month-over-month including Tether (2.8%), USDC (1.2%), DAI (-3.2%), and FDUSD (1.5%).

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Article Details

Author / Journalist: Pooja Khardia

Category: Crypto

Markets: India

Topics: PYUSD PayPal stablecoin PayPal 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-17 @ 08:18:25 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 45 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22114086

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 16 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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