PayPal, Ripple, and others launch stablecoins, while Tether challenges USDC's market dominance across major platforms.
1 report, 0 independent
Updated Jul 4
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What happened
PayPal, Ripple, and others launch stablecoins, while Tether challenges USDC's market dominance across major platforms.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- USDC stablecoin is expanding its presence by utilizing the Base Blockchain, amidst ongoing market share competition with USDT.Sub-event
- PayPal and Ripple launch stablecoins as Tether threatens USDC's market leadership.
Keep exploring
The entities involved
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PayPal
American worldwide online payments system
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Ripple
creator and a developer of the Ripple payment protocol and exchange network.
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Coinbase
American company that operates a cryptocurrency exchange platform
Related events
- MoneyGram chose Circle's USDC for payments, amidst intense stablecoin market competition and the dissolution of past partnerships.
- Coinbase is listed on Nasdaq, while Circle's USDC funds a quarter of Coinbase's revenue. The Senate failed to pass the CLARITY Act, amidst FED rate impacts.
- Coinbase distributes USDC, a stablecoin from Circle, and shares in its economics.
- Coinbase, Circle, and Base are identified as major players in the crypto market, with Trump's support aiding Coinbase's growth.
- Roundtable utilizes Coinbase infrastructure for USDC payments as part of its service debut.
Coverage
Newest first; wire copies grouped- Unknown outlet