El Salvador is paving the way for U.S. investment in tokenized real estate, marking a significant step towards regulatory collaboration. The discussions between the U.S. SEC and El Salvador’s regulators
The post Coinbase Inks Strategic Partnership With PayPal to Enable Mainstream Adoption of PYUSD Stablecoin appeared first on Coinpedia Fintech News The PayPal USD (PYUSD) stablecoin is fast approaching the $1 billion market cap milestone. The strategic partnership will enable Coinbase users to access PYUSD without platform fees. PayPal Holdings Inc. (NASDAQ: PYPL) and Coinbase Global Inc. (NASDAQ: COIN) announced a strategic partnership on Thursday, April 24. The two companies will work closely to enhance the global mainstream adoption of the PayPal USD (PYUSD) stablecoin. PayPal and Coinbase have been working together to enable investors to seamlessly purchase and trade crypto assets. “We are excited to drive new, exciting, and innovative use cases together with Coinbase and the entire cryptocurrency community, putting PYUSD at the center and driving further utility and adoption for digital currencies among developers, customers, and other users,” Alex Chriss, President and CEO at PayPal, noted. Direct Benefits of the Collaboration Between Coinbase and PayPal on PYUSD The PYUSD Stablecoin, on the Solana and Ethereum networks, has grown to a market cap of about $860 million and a 24-hour average trading volume of about $20 million. PayPal has leveraged its vast customer base, amounting to more than 430 million consumer and merchant accounts, to strengthen the market outlook for the PYUSD stablecoin. Through the strategic partnership, Coinbase users can now buy, sell, and trade PYUSD with no platform fees. Additionally, Coinbase users can now seamlessly redeem PYUSD 1:1 for U.S. dollars directly on the crypto exchange. Most importantly, the two companies agreed to work together to explore new use cases for PYUSD in the Decentralized Financial (DeFi) ecosystem. “We’re excited to be partnering with PayPal. Their more than 430 million consumer and merchant accounts offer an unprecedented opportunity to increase stablecoin adoption globally,” Brian Armstrong, CEO at Coinbase, noted . Consequently, the PYUSD is well positioned to compete with other stablecoins, led by Ripple’s RLUSD, among others.
Coinbase and PayPal Enhance Crypto Alliance Coinbase and PayPal are expanding their strategic alliance with a new product that allows users to buy and sell the PYUSD stablecoin without any fees on Coinbase. Announced on April 24, the initiative aims to promote wider adoption of stablecoins by eliminating cost friction and simplifying digital asset transactions. The move is a jump forward for PayPal’s stablecoin ambitions. PYUSD is a U.S. dollar-pegged stablecoin introduced in 2023 by Paxos and designed for everyday transactions. By pairing PYUSD with Coinbase’s massive exchange infrastructure, the two firms are looking to boost real-world crypto usage and promote digital currency as a legitimate payment alternative. Instant Settlement and Greater Reach PayPal emphasized that the integration enables merchants to settle PYUSD transactions instantly, reducing the reliance on traditional banking rails and enabling faster payments. “This combination of connecting the consumer bases of PayPal and Coinbase, and bringing our merchants and our institutional access together — we think it makes a really powerful combination,” said Jose Fernandez da Ponte, PayPal’s SVP of blockchain, crypto, and digital currencies. PayPal’s Vision for DEX Integration Looking ahead, PayPal is exploring how PYUSD can be used on decentralized exchanges (DEXs), where people would be able to make transactions without intermediaries. This is part of the broader DeFi trend and could further enhance the utility of PYUSD beyond centralized platforms. Coinbase’s Ongoing Drive for Stablecoin Access Coinbase’s listing of PYUSD follows its prior zero-fee program with Circle’s USDC. The actions are part of a clear strategy: get more users into crypto by reducing the cost of entry and making it easier to use. PYUSD’s market cap now stands at $866 million, more than a doubling since April 2024, reflecting growing demand for PayPal’s stablecoin. The Future of Stablecoin Payments Although PYUSD is still a small player in the $236 billion stablecoin market, the link-up of two financial giants points to a serious push into mainstream digital payments. As regulatory clarity improves and infrastructure advances, PYUSD could see much broader use in both centralized and decentralized environments.
The U.S. Securities and Exchange Commission (SEC) is actively engaging with cryptocurrency firms to explore regulatory frameworks, signaling a shift in market oversight. This outreach follows a leadership change at
The prospect was raised during a meeting between the U.S. Securities and Exchange Commission’s Crypto Task Force and El Salvador regulators.
IOTA’s upcoming Rebased upgrade could be its most ambitious yet, replacing centralization with decentralization and unlocking smart contracts for a future-ready blockchain. On May 5, IOTA will activate Rebased , a protocol upgrade that marks the project’s most ambitious departure from its original architecture since its inception in 2015. More than just a technical milestone, Rebased appears to be a foundational pivot — one that replaces legacy components, modernizes the network stack, and reframes the network’s broader identity in the crypto landscape. Once branded as a “blockchain without blocks,” IOTA’s earlier value proposition hinged on the promise of a feeless, scalable network powered by the Tangle, a directed acyclic graph designed to process transactions in parallel rather than sequentially. But that promise came with its caveats: the project spent years shackled to a centralized Coordinator node that acted as a gatekeeper for transaction finality. Despite efforts like Coordicide, IOTA struggled to fully convince skeptics that it could deliver decentralization and developer traction at the same time. With Rebased, the developers want to change that narrative. What’s coming for IOTA The Rebased upgrade transitions IOTA to a delegated proof-of-stake model where validators are elected by token holders. With the Coordinator gone for good, network security and consensus now rest on a decentralized set of nodes, each accountable to the community. It’s the first time in IOTA’s history that the network will finalize transactions without any centralized fallback. Yet, consensus is just one layer of this overhaul. The real headline may be what’s now possible on top of IOTA’s new layer. Rebased introduces native smart contract capabilities through MoveVM, a virtual machine that runs the Move programming language originally developed by Meta for its failed Diem project. By choosing Move over Ethereum-style EVM compatibility, IOTA seems to betting on long-term sustainability over immediate compatibility. Key features of MoveVM | Source: IOTA You might also like: IOTA integrates Nansen to bring advanced on-chain analytics to users Smart contracts on IOTA will run directly on layer-1, rather than via sidechains or bridged networks like it works with Ethereum. This puts IOTA on a path to compete more directly with other layer-1 networks like Aptos ( APT ) or Sui ( SUI ), which also use Move. Transaction costs would remain near zero, while the protocol would still allow tipping validators to prioritize transactions, ensuring fair processing during sudden demand spikes that outpace gas price adjustments. “The protocol would still allow for tipping validators for prioritization, ensuring transactions can be processed fairly when demand spikes faster than the protocol can adjust gas prices.” IOTA Scalability, long touted but rarely successfully realized, also gets a practical upgrade. The Mysticeti consensus algorithm, introduced with Rebased, targets over 50,000 transactions per second with sub-second finality under normal conditions. Both Solana and IOTA’s Rebased network require similarly robust infrastructure for their validator nodes, including 24-core CPUs, 128 GB of RAM, 4 TB of storage, and 1 Gbps internet connections. What IOTA’s Rebased means for regular users For everyday users, the transition will be pretty noticeable. The Firefly wallet — once the primary interface for IOTA — will be deprecated. Users are expected to migrate to a new browser-based IOTA Wallet, designed to support the Rebased protocol natively. Moreover, the migration isn’t automatic: users must back up their Firefly wallets using stronghold files, mnemonics, or exported keys before the upgrade goes live. Anyone relying on Ledger hardware wallets will also need to manually install a new version of the IOTA Ledger app, especially since Ledger Nano S support is being sunsetted in Ledger Live. There’s also a long-awaited change in how IOTA holders interact with the network: staking. For the first time, token holders can lock up their assets to earn rewards, and more critically, to influence validator selection, introducing new economic alignment between the protocol and its participants, something IOTA has lacked until now. IOTA Rebased tokenomics | Source: IOTA The minimum staking requirement to become a validator would be set at 2 million IOTAs, with an initial cap of 150 validator seats. Validators can meet the minimum staking requirement through delegators’ stake contributions, allowing for flexibility in participation. Exchanges supporting IOTA will pause deposits and withdrawals during the upgrade window but are expected to resume shortly after the mainnet transition. Trading activity, however, should continue uninterrupted. For a project often criticized for over-promising and under-delivering, Rebased is a moment of redefinition. It turns IOTA into a decentralized, programmable, scalable layer-1 protocol with real developer tooling and economic incentives. It’s not a patch or optimization. It’s a clean break. The stakes are high: if successful, Rebased could finally turn IOTA into what it always aspired to be: a general-purpose decentralized network that competes on technical merit, not just white paper vision. And if not, the crypto space is less forgiving today than it was in 2017. Read more: IOTA announces network upgrade for more real-world adoption
XRP is trading at $2.198 to $2.22 over the last hour, with a total market capitalization of $129 billion, as bullish forces edge the price closer to the key resistance zone. With a 24-hour trading volume of $4.17 billion and an intraday range of $2.13 to $2.25, traders are eyeing a potential continuation of momentum
An unexpected transfer of 9 million UNI tokens to Coinbase Prime has ignited discussions among traders regarding its implications on market volatility. This significant movement, valued at approximately $54 million,
Husky Inu (HINU) registered its latest price jump, taking the token price to $0.00016927. The price jump comes amid an ongoing rally in the crypto market that has seen major cryptocurrencies post double-digit rallies. With major cryptocurrencies and meme coins surging, investors are looking for an easy avenue to enter the markets at a low price looking for guaranteed profits. Husky Inu (HINU) provides investors with such an opportunity, allowing them to invest in a cryptocurrency that guarantees significant profits. What Is Husky Inu (HINU)? Husky Inu (HINU) is one of the most promising meme coins in the Solana ecosystem and has generated considerable interest in the meme coin community. The Husky Inu presale has been a runaway success, and the project entered its pre-launch phase on April 1. The pre-launch phase is the next step in the project’s fundraising efforts and roadmap, designed to continue raising capital and fund ongoing development, platform initiatives, and ecosystem expansion. The new phase also welcomes new participants and contributors to the ecosystem. Husky Inu (HINU) has several unique offerings in the pipeline. The project’s Earn App, set to launch in May, will reward users for interacting with the project and completing simple tasks like watching, liking, and sharing videos. The project has also announced the official launch date of the HINU token and is working on a decentralized exchange to enhance the HINU token's utility and facilitate trading. The project also offers unique features like Limited Token Supply - The project has capped the number of HINU tokens at 100 billion to ensure scarcity and value. Charity Voting - The project plans to allocate 5% of the token supply to goodwill causes, community rewards, and user-supported charities. Presale - The Husky Inu presale allows early investors and supporters to buy a stake in the project and secure a significant profit. Deflationary Mechanism - Husky Inu plans to use 50% of proceeds generated from the project and the decentralized exchange to buy back and burn HINU tokens, reducing their supply over time. How To Buy The HINU Token Let’s look at how you can purchase the HINU token. You can purchase the token by using crypto or your card. First, let's look at how you can buy the token using crypto. First, go to the Husky Inu website here. The next step is to connect your wallet. To do this, click on the “Connect Wallet” button at the top right corner of the page. Next, you must select your wallet from the list of compatible wallets. It is important to remember that Husky Inu only supports the wallets included in the list. If you do not have one of these wallets, you will not be able to connect to the website. Once your wallet is connected, you will get a notification indicating a successful connection. Now, you can purchase the HINU token. Husky Inu accepts Bitcoin, Litecoin, Ethereum, Dogecoin, Dash, Tether, Binance Coin, TRON, and Solana. Once you have selected the crypto you wish to use, type the amount you wish to purchase and click “Buy now.” Copy the provided address and send the specified amount directly to this address using your wallet or exchange. Once you send the payment from your wallet to the given address, you will receive a confirmation when the purchase is completed. The purchase usually takes between 2-8 minutes. Purchasing HINU Using Card Payments The Husky Inu (HINU) team has announced a partnership with Wert.io, allowing the project to accept card payments. The collaboration makes the HINU token more accessible than ever before, enabling anyone with a credit or debit card to seamlessly purchase the token and throw their support behind the fledgling meme coin project. Purchasing HINU using card payments is straightforward. All you have to do is go to the project website, thehuskyinu.com. Once there, select the “Buy with Card” option under the “Buy HINU Now” option. Next, enter the amount you want to invest and follow the instructions to complete your purchase. Visit the following links for more information on Husky Inu: Website: Husky Inu Official Website Twitter: Husky Inu Twitter Telegram: Husky Inu Telegram Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.