"📈🪙 PYUSD Milestone: Etherscan reveals that the issuance of PayPal's stablecoin, PYUSD, has surpassed 40 million. The number of holders has surged by 21% in the last 24 hours, reaching a total of 106 holders. Notably, Kraken Pro's recent support for PYUSD trading adds to its growing significance in the crypto market. 🚀💼 #PYUSDIssuance #StablecoinNews #BitcoinWorld"

#Stablecoins are soon expected to operate on Bitcoin, leveraging new functionalities developed by Lightning Labs using the Taproot upgrade.

Elizabeth Stark, CEO of Lightning Labs, highlighted this advancement at the FT Live’s #Crypto and Digital Assets summit.

The development aims to offer a secure and decentralized platform for stablecoins and other digital assets, capitalizing on Bitcoin’s robust network. Stark emphasized that this integration would provide a cheaper, more secure alternative to existing solutions, making transactions as low as a cent or less.

#bitcoin #StablecoinNews #TrendingTopic

💳 Mastercard & PayPal: Crypto Powerhouses Shake Things Up! 💳

The crypto world is buzzing with two HUGE developments this week:
1️⃣ Mastercard's "Crypto Credential": Say goodbye to confusing wallet addresses! Mastercard's new service simplifies crypto payments by replacing them with easy-to-use usernames. This could boost crypto adoption by making it more user-friendly.

2️⃣ PayPal's Stablecoin PYUSD: The payments giant has launched its own stablecoin, backed by the US dollar. This move could bring mainstream credibility to crypto and make it easier for everyday users to transact with digital assets.

🚀 Market Impact: These developments are a HUGE vote of confidence for crypto. They show that major financial players are taking digital assets seriously. This could attract more institutional investors and drive up demand for cryptocurrencies.

📈 What's Next: We could see a surge in crypto prices as more people embrace digital assets. This could also lead to more innovative financial products and services built on blockchain technology.

💡 The Future is Bright: Crypto is becoming more accessible and user-friendly than ever before. This could revolutionize the way we think about money and finance.
#CryptoNewss #Mastercard #PayPalNews #StablecoinNews #CryptoAdoption

Good News guys!
iUSD, is a stablecoin on @Injective launched by kakeru 💥
You can mint iUSD by depositing any accepted blue chip assets as collateral Now!
nINJ will be the first asset available for deposit.
And then you can generate iUSD against your collateral.

$INJ will mooning sooner than we think!
#Megadrop #StablecoinNews #BinanceLaunchpool

#binance4ever #BinanceEarnProgram #StablecoinNews #StableMarket

Continuation:

Stablecoins on Binance: A Haven for Interest and Earning (But Do Your Research!)
Beyond Binance Earn:

Liquidity Pools: Decentralized Finance (DeFi) platforms allow you to deposit your USDC into liquidity pools, which facilitate crypto trading. You'll earn fees based on the trading activity in that pool. However, DeFi can be complex and involve impermanent loss (potential decrease in value due to price fluctuations).

Important Considerations:

Interest Rate Fluctuations: Just like traditional interest rates, stablecoin earning rates can fluctuate. Always check the current rates before committing your funds.

Platform Risk: Centralized platforms like Binance carry some inherent risk. Consider the platform's security measures and reputation before depositing funds.

DeFi Risks: DeFi platforms can be susceptible to hacks and exploits. Conduct thorough research before venturing into DeFi.

Beyond USDC:

The methods mentioned above apply to most stablecoins on Binance. However, each stablecoin might have different earning options and interest rates. Always research the specific opportunities for each coin before making a decision.

Stablecoins: A Gateway, Not a Guarantee

Stablecoins offer a compelling entry point to the crypto world, allowing you to earn interest on your holdings. However, remember:

Do Your Research: Understand the project behind each stablecoin and the risks involved in different earning methods.

Start Small: Don't invest more than you can afford to lose. The crypto market is inherently volatile.

Consider Alternatives: Explore other ways to earn passively, like staking established cryptocurrencies.

Conclusion:

Stablecoins on Binance can be a valuable tool for generating passive income in the crypto space. By understanding the different earning opportunities, conducting proper research, and managing risk effectively, you can potentially make your stablecoin holdings work for you.

#binance4ever #BinanceEarnProgram #StablecoinNews #StableMarket

Stablecoins on Binance: A Haven for Interest and Earning (But Do Your Research!)

Binance, a leading cryptocurrency exchange, offers a diverse selection of stablecoins—cryptocurrencies pegged to real-world assets like the US dollar (USD) or the Euro (EUR). Unlike traditional cryptocurrencies known for their volatility, stablecoins provide a more stable value, making them ideal for several earning opportunities. Here's a breakdown of stablecoins on Binance and how you can potentially earn with them:

Binance's Stablecoin Buffet:

Popular Options: Tether (USDT), USD Coin (USDC), Binance USD (BUSD), TrueUSD (TUSD), Dai (DAI) are some of the most popular stablecoins available on Binance. Each is pegged 1:1 to its underlying asset, offering stability in the often-volatile crypto market.

Earning with Stablecoins: A USDC Example

Here's how you can potentially earn with a stablecoin, using USD Coin (USDC) as an example:

Binance Earn: This one-stop hub lets you subscribe your USDC to various earning products.

Savings: Deposit your USDC for flexible or fixed terms, earning interest rates that can range from a few percent to upwards of 10% APY (Annual Percentage Yield). The higher the lock-up period (fixed term), typically the higher the interest rate.

Staking: Similar to savings, but with some locked periods, staking allows you to earn rewards for supporting specific blockchain projects using your USDC holdings.

To be continued.........