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Bitcoin and Ether Remain Flat as PayPal USD Report Fails to Spark MarketBitcoin and Ether show little change in response to the PayPal USD report, while SHIB finds support. Other major tokens like DOGE and AVAX experience losses. SHIB stabilizes after a 25% rise last week, as developers plan to connect ecosystem projects to real-world digital identities.
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PayPal Enters the Stablecoin Market With PYUSD | CoinMarketCapCryptoNews: PayPal has launched its stablecoin, called PayPal USD (PYUSD), an ERC-20 token backed by the US dollar. This makes PayPal the first major financial company to launch a stablecoin. 🔥
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