usd stablecoin

A USD stablecoin is a type of cryptocurrency that is designed to maintain a stable value by being pegged to the U.S. dollar, usually in a 1:1 ratio. Each token is typically backed by equivalent reserves of U.S. dollars or other secure assets, helping to reduce price volatility often seen in other cryptocurrencies. Examples include USDC, USDT, and BUSD.
  1. Sony plans to launch a USD stablecoin for games and anime in 2026

    Sony plans to launch a USD stablecoin for games and anime in 2026

    Sony plans to launch a USD stablecoin for games and anime in 2026 Sony Bank, a subsidiary of Sony Financial Group, is preparing to enter the U.S. digital asset market with a USD-backed stablecoin designed specifically for payments in gaming and anime ecosystems. The initiative aims to reduce...
  2. Paxos Accidentally Minted $300 Trillion in Stablecoins - Twice the World’s GDP

    Paxos Accidentally Minted $300 Trillion in Stablecoins - Twice the World’s GDP

    Paxos Accidentally Mints $300 Trillion in Stablecoins - Twice the World’s GDP In a bizarre and short-lived technical incident, Paxos - PayPal’s official crypto partner and issuer of the PYUSD stablecoin - accidentally created nearly $300 trillion worth of tokens, briefly doubling the value of...
Top