The California-based online payments behemoth PayPal Holdings Inc. said on Monday that it will introduce a stablecoin based on the Ethereum blockchain and tethered to the US dollar. PayPal, which recorded second-quarter sales of US$7.3 billion, said that its fully-backed, regulated stablecoin can provide consumers, businesses, and developers with a bridge between fiat money and the blockchain. Analytics Insight has listed the top 10 current cryptocurrency prices as of August 8, 2023.
Bitcoin- US$29,225.74 (Up by 0.65%)
Ethereum- US$1,833.06 (Up by 0.05%)
Tether- US$0.9987 (Up by 0.04%)
BNB- US$242.37 (Down by 0.27%)
XRP- US$0.6223 (Up by 0.53%)
USD Coin- US$1.00 (Down by 0.01%)
Dogecoin- US$0.07373 (Down by 1.34%)
Cardano- US$0.2921 (Up by 0.00%)
Solana- US$23.24 (Up by 0.45%)
TRON – US$0.0767 (Down by 0.20%)
According to CoinMarketCap, the total crypto market volume over the last 24 hours is US$48.57% experiencing a Surge of 0.16%.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.