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PYUSD is going live on Arbitrum, according to an updated version of PayPal's cryptocurrency terms and conditions page.
Citigroup's announcement follows JPMorgan's earlier disclosure of its plans to involve itself with stablecoins.
BigONE has lost $27 million in a third-party security attack earlier today targeting its hot wallet.
During the nine-day inflow streak, the spot bitcoin ETFs attracted around $4.4 billion worth of net inflows.
Trump said he has spoken to members of Congress and confirmed that they will vote in favor to pass the GENIUS Act on Wednesday.
A procedural vote to advance crypto bills, which failed and was expected to be revisited later on Tuesday, is no longer taking place.
The deal would follow Cantor's first bitcoin financing deals on May 27, which closed with Maple Finance and FalconX.
A procedural vote that would have cleared the way for lawmakers to pass monumental cryptocurrency legislation has failed.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Standard Chartered says a $750 billion stablecoin market size could influence Treasury issuance and emerging market stability.