usdx

Платежная компания PayPal совместно с инфраструктурным проектом стабильной монеты M0 и криптоплатформой MoonPay запустила PYUSDx, который позволяет компаниям создавать продукты на основе стабильной монеты всего за несколько дней. Платформа уже обработала объем транзакций более 100 миллионов долларов, Saturn, Concrete и Cap использовали соответствующие технологии для запуска продуктов.Соучредитель и CEO M0 Лука Проспери заявил, что PYUSDx передаст уровень продуктов разработчикам, и разные компании смогут разрабатывать различные продукты на основе одной и той же технологии. USD.AI и Fairblock также были названы среди связанных проектов. Старший вице-президент и генеральный менеджер криптобизнеса PayPal Мэй Забанех отметила, что рынок стабильных монет быстро созревает. Общая рыночная капитализация стабильных монет составляет около 305,25 миллиарда долларов, USDT занимает 60,07%; рыночная капитализация PYUSD составляет около 2,814 миллиарда долларов, что ставит его на восьмое место. Компании могут выпускать брендированные цифровые доллары, поддерживаемые PYUSD, и устанавливать соответствующие правила, при необходимости обменивая их обратно на PYUSD.

Согласно сообщению CoinDesk, PayPal объявила о расширении своего бизнеса со стабильными монетами на платформу выпуска пользовательских токенов PYUSDx. Эта платформа основана на PayPal USD (PYUSD) и разработана с помощью экспертов по токенам, привязанным к фиатным валютам, M0 и криптоплатежной компании MoonPay, предоставляя инфраструктуру для выпуска пользовательских стабильных монет, поддерживаемых PYUSD, для любого бизнеса. PYUSDx была впервые анонсирована в феврале этого года и теперь официально запущена.Первоначальные партнеры, которые присоединились к платформе, включают криптооригинальные компании Saturn, Concrete и Cap, которые принесли на платформу более 100 миллионов долларов обработанного объема транзакций. Токены PYUSDx выпускает MoonPay Digital Assets Ltd., платформа сочетает в себе универсальные стабильные монеты M0 и технологии цифровых токенов, а также инфраструктуру выпуска и распределения MoonPay. Кроме того, USD.AI и Fairblock также запустят стабильные монеты на PYUSDx.Генеральный директор M0 Лука Проспери заявил, что с увеличением числа финансовых учреждений в отрасли возникает проблема фрагментации, и большинство финансовых учреждений не понимают, как взаимодействовать с разработчиками, поэтому M0 способствует интеграции различных новых проектов на среднем уровне, абстрагируя сложность и риски.

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.

The DeFi community YAM posted on X, stating that dangerous signals have been observed regarding the Yala stablecoin YU. An address closely related to Yala is fully borrowing USDC and most of the YU funds from the Yala Frontier market on Euler, despite interest rates remaining high, with no repayment actions taken.Currently, the market's capital utilization rate has reached 100%, meaning lenders cannot withdraw any liquidity. The Euler team has also set the borrowing limit for the Yala market on Frontier to zero. It is reported that the Yala team has not responded to either the Euler team or Discord community users. YAM added that YU is still maintaining its peg on Solana, with nearly one million USDC available in its liquidity pool for price anchoring exit. This article serves more as a risk warning, and it is still uncertain whether Yala is truly in trouble.

Stables Labs posted on the X platform that due to market liquidity conditions and liquidation dynamics, the market price of USDX has deviated from its reference value.The team has initiated a recovery arrangement aimed at providing affected holders with a recovery path referenced to a value of 1 USD, based on resource availability. This arrangement is voluntary and does not constitute a guarantee or redemption obligation.The balances of affected holders will be identified through an on-chain snapshot, and a claims registration window has been opened. The recovery will be carried out in phases, depending on resource allocation, liquidity conditions, and cooperation arrangements, with progress to be publicly disclosed.

According to Lookonchain monitoring, a certain whale (0x88b7...3330) exchanged 621,000 USDT for USDX two weeks ago and deposited it into usdxmoney, which is currently worth only $163,000, resulting in a loss of $458,000, with a loss rate of 74%. This whale attempted to redeem after Stream Finance disclosed a $93 million loss on November 4, but the funds have yet to be withdrawn.

According to market data, the USDX plummeted significantly to $0.314 early this morning and has currently rebounded to $0.74, still maintaining its decoupled status.

ChainCatcher news, the stablecoin issuance protocol usdx.money announced the integration of Axelar's Interchain Token Service (ITS). USDX and its yield-bearing token sUSDX have been natively deployed on three chains: Arbitrum, BNB Chain, and Ethereum. USDX is a delta-neutral stablecoin pegged to 1 US dollar, while sUSDX is a yield-bearing token generated by staking USDX in a smart contract to earn base trading yields from CEX.Axelar's Interchain Token Service (ITS) allows tokens like USDX and sUSDX to exist on more blockchains. With an existing TVL of 600 million USD, USDX is expected to achieve further growth across multiple chains using Axelar's technology.

ChainCatcher news, the stablecoin issuance protocol usdx.money has completed a $45 million financing round, bringing the project's valuation to $275 million. Investors include NGC, BAI Capital, Generative Ventures, UOB Venture Management, among others, with some investors contributing through warrants. Existing supporters of the project include Dragonfly Capital and Jeneration Capital.usdx.money aims to build the next generation of stablecoin infrastructure, with USDX as its first stablecoin product. After the financing is completed, usdx.money will further accelerate its ecological layout and promote the application of stablecoins USDX and sUSDX in various fields.

ChainCatcher news, Synthetix announced on social media that its protocol V3 will launch on Arbitrum in multiple phases. Starting from June 19, 9:00 AM Beijing time, users who deposit ETH, ARB, and USDC will receive ARB LTIP rewards. Depositors will also be able to mint (i.e., borrow) Synthetix's new Arbitrum native stablecoin USDx.It is reported that the plan for launching each phase is as follows: Week 1 will attract a large amount of ARB, USDC, and ETH LP collateral. Once the total LP collateral reaches $10 million to $20 million, Perps trading will be ready to launch; Weeks 2-3: Enable sUSDe and USDe as collateral, and support collateral from Lido, EtherFi, and AAVE; Weeks 3-4: Enable the Synthetix Perps market based on the development of LP. Trading rebates will begin in Weeks 4-6, gradually enabling limited open contract trading activities to manage risk.

ChainCatcher news, the total TVL of the distributed synthetic stablecoin project USDX (usdx.money) has exceeded 180 million USD.It is reported that USDX is a new type of synthetic stablecoin that hedges the dollar value by exposing various collateral held by the protocol and captures funding rate returns.The project has completed its pre-launch goals. Currently, the project has been deployed on Ethereum, Arbitrum, and BNB Chain, and has opened the DApp and leaderboard access to the public.

ChainCatcher news, according to CoinDesk, Hong Kong cryptocurrency custody company Hex Trust has issued the stablecoin USDX on the Layer 1 blockchain Flare.USDX becomes the first native stablecoin on Flare. It will be used in lending protocols and trading platforms, and it also features a dedicated T-Pool staking mechanism created by the decentralized credit market Clearpool. The stablecoin is pegged to the US dollar or equivalent assets at a 1:1 ratio, and USDX stakers will receive yields from RWA and cUSDX as rewards.Additionally, the Web3 asset data platform RootData shows that Hex Trust is a certified and insured provider of bank-grade digital asset custody. Through its proprietary platform Hex Safe, Hex Trust offers custody, DeFi, brokerage, and financing solutions for financial institutions, digital asset organizations, enterprises, and private clients. Hex Trust has offices in Singapore, Hong Kong, Dubai, Italy, and Vietnam.

ChainCatcher message, the MIP-26 proposal initiated by the Mantle Network Economics Committee regarding the use of treasury funds to promote network applications has been approved.According to the MIP-25 framework, the following new strategies and allowances have been authorized: liquidity support for applications: up to 60 million USDx, 30,000 ETH, and 120 million MNT; seed liquidity for stablecoins supported by RWA yields: up to 60 million USDx; liquidity support for third-party cross-chain bridges: up to 10 million USDx and 5,000 ETH.The proposal notes that the above allocations may overlap and are maximum limits, and reaching these limits may take some time.