Ethereum Watch

Advertisements The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users. USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video […]

Share this article URL Copied Advertisements Dolomite, a DeFi lending protocol, has recently shared details of its latest advancement, Zap. This new collateral solution, tailored for the Arbitrum network, works to refine capital deployment techniques and user experience within the DeFi space: We’re thrilled to announce the launch of our long awaited ⚡️Zap feature! 🎉 […]

Advertisements Paypal launched its stablecoin as an ERC-20 token on the Ethereum network. Sentiment around Ethereum improved, but price movement remained the same. Recently, online payment leader PayPal forayed into the digital currency sphere via its own stablecoin named PayPal USD [PYUSD]. The stablecoin will maintain a 1:1 peg to the US dollar and derive its […]

Advertisements Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed central bank digital currency. PayPal’s new Ethereum-based stablecoin, PYUSD, has been seen as bittersweet news for the crypto community. While it could finally see Ethereum find its place in mainstream […]