yusd

Bitget has launched the SKHYUSDT perpetual contract, with a maximum leverage of 20 times. The contract trading BOT will also be opened simultaneously.

The Binance contract platform will launch the SKHYUSDT perpetual contract on July 10 at 23:50, with a maximum leverage of up to 50 times, settlement asset in USDT, and trading available 24/7.

Payment giant PayPal officially announced the launch of a strategic restructuring, simplifying its business into three core segments: payment checkout and PayPal, consumer financial services and Venmo, and cryptocurrency and payment services. Among them, cryptocurrency and payment services are listed as a separate core business unit, integrating payment processing, platform capabilities, and cryptocurrency operations, including Braintree, payment processing for small and medium-sized merchants, value-added services, and the stablecoin PYUSD. Jeff Pomeroy has been appointed as the interim head of this segment.Analysts believe that the independent inclusion of cryptocurrency business into the core operational structure means that PayPal is further strengthening its stablecoin PYUSD and digital asset payment ecosystem layout.

SuperEx will officially launch the COSTUSDT, LLYUSDT, and BMNRUSDT U-based perpetual contract trading pairs on April 28, 2026, at 13:30 (UTC); all of the above contract trading pairs support full margin, cross margin, and isolated margin modes. You can experience trading through the web or app.

PayPal announced that it has expanded the wallet holding range of its stablecoin PYUSD to an additional 68 countries and regions, increasing the total number of markets to 70, a significant expansion from the previous limitation to the United States and the United Kingdom. The new markets include Uganda, Colombia, Peru, and more, covering additional areas in South America, Africa, and Asia.

According to The Block, transportation trade finance provider TCS Blockchain has announced the integration of PayPal USD (PYUSD) to provide same-day financing and on-chain settlement for freight invoices.Truck drivers can exchange invoices for TCS tokens, which can then be converted into PYUSD stablecoins, thereby avoiding the 30-180 day payment terms and over 30% revenue loss associated with traditional factoring companies. The company claims that this solution can reduce costs by 90%, with an expected annual processing volume exceeding $1 billion by 2026.

MoonPay has launched the PYUSDx framework, allowing developers to issue branded, application-specific stablecoins backed by PayPal USD (PYUSD).This solution combines the stablecoin infrastructure protocol of M0 with MoonPay's issuance and distribution capabilities, separating reserve management from token issuance, thereby accelerating the stablecoin launch process. Under this architecture, PYUSD, issued by Paxos Trust, serves as the underlying reserve asset, while branded stablecoins are issued by MoonPay Digital Assets. The latter has recently obtained a trust license in New York, enabling it to act as a stablecoin issuer. Developers can launch customized stablecoins without the need to build their own underlying technology and operational systems.At the time of the product launch, the market is also concerned about its compliance with the regulatory framework of the U.S. GENIUS Act and the applicability of related tokens in different jurisdictions in the future.

According to CoinTelegraph, M0, MoonPay, and PayPal will launch PYUSDx, a product designed to help developers issue custom stablecoins backed by PayPal USD.PYUSDx combines M0's universal stablecoin and digital token platform with the infrastructure of the MoonPay group, simplifying the issuance of dollar-backed stablecoins by reducing technical and operational burdens.

According to reports, Bybit officially launched the BYUSDT interest rate activity on January 27, allowing the first 10,000 BYUSDT to enjoy an annualized interest rate of up to 10%.BYUSDT is a tokenized asset of the USDT flexible savings balance on the Bybit platform, which can be converted 1:1 to USDT and directly used as margin for the Unified Trading Account (UTA), while continuously generating flexible savings income, achieving the goal of "one fish, multiple meals" for funds, maximizing the dual value of asset trading and savings.In addition, as UTA margin, BYUSDT has a margin conversion rate of up to 100%. The USDT flexible savings balance can be quickly exchanged for BYUSDT without the need for locking, with zero decoupling risk. During the event, both minting and redeeming BYUSDT enjoy zero fees.

Eric Trump, the second son of Trump, posted on the X platform that the market capitalization of USD1 has surpassed that of PayPal's stablecoin PYUSD, marking an important milestone for USD1. This is not just about cryptocurrency; it's about building the future of global currency.According to the screenshot he shared, the market capitalization of USD1 has reached $4.54 billion, while the market capitalization of PYUSD is $3.69 billion.

Paxos has achieved significant growth over the past year, with total asset value soaring from $1.2 billion in January 2025 to the current $6.8 billion, an increase of over 450%.According to TokenTerminal data, the PayPal stablecoin PYUSD issued by Paxos contributed over 50% of the growth, rising from approximately $500 million in January 2025 to the current $3.6 billion. Paxos gold token PAXG also performed strongly, benefiting from a surge in gold prices in 2025, with its market value increasing from $500 million to the current $1.8 billion. PAXG has risen 72% over the past year, with newly minted tokens and price increases driving its total market value higher.

According to Cryptopolitan, payment giant PayPal has announced that its stablecoin PYUSD will collaborate with the Web3 protocol USD.AI to provide funding support for artificial intelligence (AI) companies. USD.AI will utilize PYUSD to offer credit and financing services related to GPUs and data centers for AI companies.The two parties intend to combine commonly used payment frameworks with programmable settlements to facilitate long-term credit, leasing, and upcoming agent-driven transactions. The two companies have also committed to offering a 4.5% interest rate on deposits totaling up to $1 billion as part of a customer incentive program to attract more clients. This incentive program will launch in early January and last for one year.

According to the official announcement from Stable, the USD stablecoin PYUSD issued by PayPal is now officially live on the Stable mainnet.

BYUSDT officially launched on the Bybit platform on December 12, designed specifically for VIP users. Users can convert their current financial balance 1:1 into BYUSDT, achieving dual utilization of funds and enjoying enhanced liquidity and returns.Core Advantages:Dual Value: Financial funds continue to earn interest while also being available as trading margin.Instant Exchange: USDT and BYUSDT can be exchanged at any time at equal value, with no locking risk.Safe and Convenient: All transactions occur within the platform, ensuring efficient and worry-free operations.

According to Fortune, YouTube has launched a new feature for creators in the U.S. to receive stablecoin payments via PayPal. May Zabaneh, head of cryptocurrency at PayPal, confirmed that creators can now choose to receive platform revenue shares in the form of PayPal stablecoin PYUSD, a feature currently available only to U.S. users.YouTube has previously been a client of PayPal's payment services, using it to provide payments for gig workers and contractors for large enterprises. At the beginning of the third quarter this year, PayPal added the option to receive payments in PYUSD for its payees, after which YouTube decided to offer this option to creators.Zabaneh stated, "The advantage we built is that YouTube does not need to directly engage with cryptocurrency; we help eliminate that complexity." This move reflects the growing interest of large tech companies in stablecoins.

OKX will delist the PIGGYUSDT perpetual contract on December 7, 2025, at 16:00. When the contract is delisted, users will not incur funding fees on their positions, nor will there be any settlement fees. After the contract is delisted, users with a position value greater than $10,000 will be restricted from transferring any assets in their trading accounts, and this will be restored to normal after 30 minutes.

According to Cryptopolitan, the market capitalization of PayPal's PYUSD stablecoin has surged from a low of $1.2 billion in September to approximately $3.8 billion currently.In November, the supply of PYUSD increased by about 113%, and the trading volume grew by 150%, reaching 1.8 million transactions. Although PYUSD is relatively new compared to Tether's USDT and Circle's USDC, it became the second fastest-growing stablecoin in the third quarter of 2025, only behind Ethena's USDe (which grew by 173% during the same period). This growth is primarily attributed to PayPal's extensive network.

According to The Defiant, PYUSD added $625 million in circulating supply over the past week, an increase of 22%, leading the growth chart in the stablecoin market.All newly minted PYUSD flowed into the Ethereum network, raising its total supply on Ethereum to $2.38 billion. This increase comes just a month after the issuer Paxos's unexpected minting of $3 million worth of PYUSD.After last week's surge in supply, PYUSD has jumped to become the sixth largest stablecoin in the DeFi space, with a market share just over 1%. This marks PayPal's continued efforts in the stablecoin arena, and although there is still a significant gap compared to leading stablecoins like USDT and USDC, its growth rate demonstrates the strong momentum of traditional financial institutions entering the crypto market.Analysts point out that PayPal's large user base and brand influence may become key advantages for PYUSD's future expansion.

According to Whale Alert monitoring, Paxos has newly minted 100 million PYUSD stablecoins on Ethereum (approximately 100.04 million USD).