13h ago
PayPal to roll out PYUSD stablecoin across 70 markets, targeting faster settlement
PayPal said Tuesday it will expand its dollar-backed stablecoin, PayPal USD (PYUSD), to 70 global markets to enable cross-border buying, holding and transfers with faster settlement and lower costs. The rollout spans Asia-Pacific, Europe and Latin America, including the United Kingdom, Singapore and the United States, and PayPal said PYUSD has surpassed $4 billion in circulation.
PYUSD
PYUSD+0.00%
13h ago
13h ago
Bitcoin slides to $68.2K on March 22 as $111.4M longs get liquidated; ETF talk grows
Bitcoin fell to $68.2k on Sunday, March 22, triggering $111.4 million in long liquidations over 24 hours. Separately, projections suggest a 2% BTC allocation by Morgan Stanley Wealth Management, which oversees $8 trillion in AUM, could make its spot Bitcoin ETF larger than BlackRock's IBIT. Meanwhile, the network hash rate dropped 10.2%, and traders outlined a rebound case toward $78.4k while warning a break below $65.6k could negate it.
BTC
BTC-1.35%
13h ago
14h ago
Crypto VC funding hit $1.20B across 18 projects in March 16–20, 2026
Crypto venture investors put $1.20 billion into 18 projects during March 16–20, 2026, highlighted by Kalshi's $1 billion raise at a $22 billion valuation and Bluesky's disclosed $100 million Series B. Over the same week, corporate treasuries allocated more than $1.83 billion to Bitcoin, led by Strategy's purchase of 22,337 BTC for roughly $1.57 billion. The period also featured major consolidation moves, including Mastercard's $1.8 billion agreement to acquire BVNK to expand stablecoin payment infrastructure.
BTC
BTC-1.35%
14h ago
15h ago
USD-pegged stablecoin USR depegs to $0.40 after Resolv exploit mints 50M tokens
USR, a USD-pegged stablecoin tied to the Resolv platform, sharply depegged and fell to as low as $0.40 after an exploit. The attacker allegedly minted about 50 million unbacked USR using only around $100,000 in USDC, then sold into liquidity pools, worsening slippage and deepening the price drop. At the time of writing, USR remained well below $1, keeping recovery concerns in focus.
USDC
USDC+0.00%
15h ago