just now

Liquidity Finder Ltd is incorporated in England and Wales, company number 10610740, registered address 167-169 Great Portland Street, Fifth Floor, London W1W 5PF, United Kingdom.
Published: just now

August 07, 2023 - PayPal has announced the launch of a stablecoin called PayPal USD (PYUSD) backed 1:1 by US dollar reserves.
PayPal states PYUSD aims to expand digital currency utility for payments and web3 compatibility. The stablecoin is available now to eligible US PayPal customers.
PYUSD is fully backed by bank deposits, short-term US Treasuries, and equivalent assets according to PayPal. The reserves will be regularly attested in public reports.
"The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar," said PayPal CEO Dan Schulman. ""Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD."
Most of the current volume of stablecoins is used in web3-specific environments – PayPal USD will be compatible with that ecosystem from day one and will soon be available on Venmo.
PayPal highlights PYUSD's potential for faster payments and transfers, e-commerce checkout, and connecting fiat and crypto ecosystems.
Starting today and rolling out in the coming weeks*, eligible U.S. PayPal customers who purchase PayPal USD will be able to:
PYUSD is an Ethereum-based ERC-20 token issued by regulated financial firm Paxos Trust Company. PayPal received a New York BitLicense in 2022.
*PayPal Balance account required. When a customer buys or sells cryptocurrency, including when they check out with crypto, PayPal will disclose an exchange rate and any fees a customer will be charged for that transaction. For currencies other than PayPal USD, the exchange rate includes a spread that PayPal earns on each purchase and sale. PayPal USD is not available in Hawaii.
We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.
Select the categories and companies you wish to follow directly to your person rss feed.
Create Custom RSS FeedSign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!
New positioning data shared with LiquidityFinder by trading analytics and risk management platform Tapaas reveals how retail and professional traders across ten countries responded to last week's renewed hostilities between Israel and Iran
Klay Group has appointed Rohit Ganguli as Global Head of Wealth Planning. Based in Singapore, he joins from EFG Bank and will lead the firm's global wealth planning function covering succession, governance, tax and cross-border matters for ultra-high-net-worth clients.
The dollar is holding firm ahead of today's May CPI print — but one number could change everything. Here's what traders need to watch.
amana, a MENA-based neobroker and trading platform, has appointed Nikos Tsoskounoglou as Head of Quantitative Market Making & Research. He joins from EBS and ADSS, bringing expertise in electronic market making, pricing automation, and market microstructure analysis.
CME Group has launched Nasdaq CME Crypto Index futures, financially settled contracts tracking the Nasdaq CME Crypto Settlement Price Index, which covers bitcoin, ether, SOL, XRP, ADA, LINK, and other leading cryptocurrencies via a regulated futures marketplace.
As the brokerage industry becomes increasingly complex, conversations are shifting from growth alone to operational control, risk visibility, and resilience. IFX Expo International 2026 in Limassol provides a valuable opportunity for industry professionals to exchange ideas and explore the challenges shaping the next phase of brokerage operations.
XS.com has appointed Omar Alaa as MENA Marketing Director. Alaa brings experience in digital acquisition, paid media, and regional brand development, and will oversee campaign execution and audience engagement across the Middle East and North Africa.
MEXC has launched Combo, a new prediction markets feature enabling users to combine up to 20 event predictions across sports and crypto into a single order. The exchange says it is the first centralised platform to offer multi-event combination trading globally.
Swap rates are one of the most frequently mismanaged aspects of MetaTrader platform operations. Set them incorrectly and you expose your brokerage to unnecessary costs, client complaints and compliance risk. This guide explains how swaps are calculated on MT4 and MT5, the most common mistakes brokers make when updating rates, best practices for staying aligned with interbank rates, and how automated swap management tools eliminate the manual workload entirely.
Discover the latest AUD/JPY price action analysis. Are we looking at a massive AUD/JPY sell setup? Read my technical breakdown to find out!