Competition in the stablecoin market is intensifying with the emergence of new entrants such as PayPal’s dollar-pegged stablecoin PayPal USD.
Ripple Labs has begun testing its dollar-pegged stablecoin Ripple USD (RLUSD) on the XRP Ledger and Ethereum, with plans to expand to more blockchains. Tether’s USDT remains the largest stablecoin with a market cap of over $118 billion, while Tether has also announced plans for a new stablecoin pegged to the UAE dirham (AED).
Bloomberg: Wall Street giants are optimistic about the potential opportunities in the field of crypto custody and are looking forward to the results of the election and clear regulation⚠️
The number of new addresses of Bitcoin is close to the critical level with 330,000, and the prospect of the bull market has attracted market attention 💵
👀Binance has discovered a global malware threat known as "Clipper malware," which alters cryptocurrency withdrawal addresses, leading to significant financial losses.