Transak Integrates PayPal USD for Enhanced Web3 Accessibility
Transak, a leading provider in Web3 payments infrastructure, has announced the listing of PayPal’s stablecoin, PayPal USD (PYUSD). Transak customers can now buy PYUSD using the local payment methods of their choice. The conversion of traditional currencies to cryptocurrency is the main obstacle to the broader acceptance of cryptocurrencies, and its integration was a calculated […]
Morpho Becomes First L2 Protocol to Launch on Base
Morpho, a DeFi lending and borrowing protocol initially established on Ethereum, has launched the first Layer 2 protocol on Base. Morpho is coming live on Base to take advantage of the expanding DeFi ecosystem despite having debuted on the Ethereum blockchain. Using the Morpho protocol, customers can get a more robust capital utilization rate through […]
National Australia Bank Halts AUDN Project
Just a year after first disclosing its intentions, the National Australia Bank is said to have abandoned the development of its own stablecoin, AUDN. According to reports, the team behind developing the Ethereum-based stablecoin at National Australia Bank (NAB), one of Australia’s four biggest financial institutions, has quietly stopped working on it. The Australian Financial […]
Iran Plans to Introduce National Digital Currency
The digital rial, which will allow banking clients to conduct cashless transactions, is about to undergo experimental testing by Iran’s central bank. In an effort to modernize and streamline domestic transactions, the Central Bank of Iran (CBI), often referred to as Bank Markazi, has declared the start of the operational phase of its digital currency, […]
HashKey Unveils Airdrop Plans for its Native Token
HashKey Group is set to list its HSK token in the third quarter of 2024, according to an announcement shared by the team on Tuesday. HSK, before its listing in Q3 2024, the Asia-based crypto services company HashKey Group revealed intentions to airdrop it to increase the usefulness and adoption of its native token. In […]