Coinbase prepares to delist Tether’s USDT stablecoin in Europe
Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date.
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Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date.
The partnership is designed to expand access to PYUSD in Asian and African markets, PayPal said.
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects.
Paxos’ goal is to support assets and chains based on customers’ interests and its own end-user preferences, the company said.
PayPal deepens its push into PYUSD for business transactions, making its first payment using the stablecoin.
It’s Circle’s latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether’s USDT.
PYUSD competes with rivals such as Circle’s USDC and Tether’s USDT.
Institutional crypto custodians like Coinbase offer competing rewards programs.
