Crypto Markets & On-Chain Ecosystem Developments

PayPal, M0 and MoonPay launched PYUSDx on September 9, a platform that enables businesses to issue custom stablecoins backed by PayPal USD. The platform allows companies to create application-specific dollar-pegged tokens with customizable features including names, access restrictions, reward

Flop Labs launched its Yellow Paper repository, a move designed to enhance community engagement with $FLOP token holders. Arthur Hayes highlighted the announcement in a tweet, generating excitement among users. The initiative aims to provide clarity on the token's utility and future direction as the

On September 9, PayPal, M0, and MoonPay officially launched PYUSDx, a platform enabling businesses to issue branded stablecoins backed by PayPal USD. Three initial projects—Saturn, Concrete, and Cap—have already processed over $100 million in combined transaction volume on the

According to The Block, Anchorage Digital has added support for Robinhood Chain, enabling institutional investors to custody tokens, tokenized debt securities, and real-world assets on the Layer 2 network through the federal-chartered crypto

According to CoinGlass data cited by ChainCatcher, gold-backed token XAUT rose above $4,400 today, trading at $4,403.66 with a 24-hour gain of 0.62%. Gate's XAUT holdings reached approximately $125 million, ranking second globally among all trading platforms. The token's overall network open

According to WalletConnect, the organization released a comprehensive report analyzing regulatory progress across payments, DeFi, trading, custody, and tokenization sectors globally. The report notes that major markets have shifted regulatory focus from "whether to regulate" to "how to regulate,"

According to BlockBeats, 1inch co-founder Sergej Kunz said on September 10 that the platform has processed approximately 809 billion dollars in token swap transactions since its 2019 founding but has not yet achieved profitability. Kunz stated that the current DeFi market scale is

According to CryptoQuant analyst Axel Adler Jr., short-term Bitcoin holders—those holding BTC for no more than six months—transferred 549,300 BTC to exchanges between August 19 and September 10. Over the same period, Bitcoin rose from $64,000 to $78,000, a gain of 21%, before pulling back

According to Bitrace, Guaranteed-Wealth Guarantee began clearing all money-laundering merchants from its platform yesterday following OFAC sanctions on Xinbi Guarantee. The clearout covers illegal operations commonly known as "card-to-stablecoin" and "cash services." Guaranteed-Wealth's wallet has r

According to Bloomberg, Jon Cunliffe, former deputy governor of the Bank of England responsible for financial stability, has joined blockchain payments firm Fnality as chairman of its UK entity. Jochen Metzger, former head of payment and settlement systems at Germany's central bank, has been

According to CCTV Finance, on September 10, China's central bank and public security authorities dismantled a network of underground money houses using virtual currencies for money laundering. The criminal rings posed as credit card debt relief services to recruit agents across multiple provinces, d

Solana's applications generated $5.09 million in revenue yesterday, outperforming competitors in the blockchain space. The network's performance was 50% higher than the next closest network, according to a tweet from the official Solana account. This revenue milestone reflects growing appeal for Sol

STRAX surged 11.37% to $0.01166 within five minutes, accompanied by a 24-hour trading volume of $518,950.04. The cryptocurrency climbed from $0.01047, marking a 16.60% increase over the past 24 hours. The price movement reflects heightened trading activity, with market participants reacting to

BitGo partnered with Susquehanna to provide institutions with OTC access to prediction markets, allowing engagement with event-based contracts without retail platforms. Ben Choy, BitGo's General Manager, stated this partnership represents the next phase for institutional digital assets in the MENA r

According to the official Solana account, Solana's applications generated $5.09 million in revenue yesterday (Sept 9), outperforming the next closest network by 50%. The milestone underscores the network's growing ecosystem strength and appeal in the competitive blockchain

STRAX surged 11.37% in the last five minutes, reaching $0.01166, according to market data. The cryptocurrency also posted a 16.60% gain over the past 24 hours, with trading volume reaching $518,950.04. The token's high over the period