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Just this week, payments giant PayPal (PYPL) said it was entering the crypto market with its own dollar-pegged stablecoin, PayPal USD (PYUSD). This is a first for a major financial company. The Ethereum-based token will be available first on PayPal and then on Venmo, and can be exchanged for dollars
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It has been a rocky past couple of weeks for Bitcoin. The cryptocurrency was able to surge as
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There has been an increase in the number of stablecoins issued over the past month, mainly on the Ethereum network. That popularity may also be lifting ether on Thursday.Ether (ETH) prices have climbed 8.4 percent over the last 24 hours, according to CryptoX price data as of 20:10 UTC (4:10
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