May Zabaneh, PayPal’s crypto oracle, hath confirmed unto Fortune that this alchemy is wrought through their existing payout labyrinth, where PYUSD is conjured and delivered to the elect. Lo, YouTube computes and transmits earnings in greenbacks to PayPal’s domain, and there, the stablecoin is born from the ether, a digital phoenix for the chosen few. A masterstroke of corporate genius, or perhaps a Faustian bargain?
The changelog, that most unassuming of documents, reveals that on a Thursday (a day of such portentous significance), Binance introduced three new API endpoints. One, with a URL cunningly including “stock/contract,” allows users to “sign [a] TradFi-Perps agreement contract.” The other two, one might imagine, are akin to a butler checking the tea schedule and informing guests whether the biscuits are still warm. 🍪
This leadership is not a momentary spike but the culmination of a sustained trend. When uncertainty rises, users naturally gravitate toward the platforms they trust most. HTX’s strong net inflow performance ultimately results from millions of users making the same decision. 🤝✨
Capital A, the eccentric parent of AirAsia, and Standard Chartered Bank Malaysia have signed a letter of intent so cozy it’s like a crocodile in a cashmere coat. Together, they’ll explore a ringgit-backed stablecoin, a project now tucked neatly into Bank Negara Malaysia’s Digital Asset Innovation Hub (DAIH), a place where dreams of digital money meet red tape and a side of bureaucracy.
According to Bloomberg (again, because why trust the company when you can trust Bloomberg?), Coinbase plans to “announce” these new features next week. The details? Mysterious. Like a Russian nesting doll of corporate speak. The only thing we do know is that they’re hosting a livestream on Wednesday. Spoiler alert: They’ll probably show a slide titled “The Future of Finance” and then play a loop of a cat wearing a tie. 🐱👔
So, Coinbase Global Inc., the crypto prom queen of the U.S., is finally expanding its dance card. Prediction markets and tokenized stocks are the new kids in town, and they’re here to make things interesting. 🎉 According to Bloomberg, the big reveal is happening next week, and I’m already prepping my popcorn. 🍿
As the latest reports suggest, YouTube has introduced stablecoin payouts, allowing U.S. creators to receive their hard-earned revenue in PayPal’s PYUSD. A headline-worthy move, to be sure, but let us not be deceived. This is not merely about YouTube; it is a microcosm of a grander trend. The largest platforms, ever the trendsetters, are quietly integrating stablecoins into their payment infrastructure, leaving Bitcoin and Ethereum to wallow in their own volatility. 🤡
Now, this wasn’t a “tear down the establishment” type of flip, thank goodness. More a case of two chaps on the playing field, one simply progressing at a rather more energetic pace. “I think it will flip Ethereum,” declared our man Scaramucci, “but that doesn’t imply Ethereum is taking to its bed – merely that Solana might acquire a slightly larger waistcoat.” He elaborated to CoinDesk Live on December 11th, with the air of a man who’d given the matter considerable thought.
These illustrious lawmakers, ever the dramatists, proclaim that stablecoin transactions have soared to a staggering $27.6 trillion in 2024-surpassing Visa and Mastercard combined by a neat 8%. Citibank, ever the fortune-teller, predicts this number will balloon to $100 trillion by 2030. 📈 “Behold!” they declare, “Stablecoins are no mere trifle-they are the very lifeblood of finance!” Yet, the Bank of England dawdles, drafting rules that threaten to relegate the U.K. to the role of a bewildered bystander.
Well, well, well, look what we have here. YouTube, in all its glory, has decided to let U.S. creators get paid in PayPal’s oh-so-stable crypto coin, PYUSD. That’s right, forget about the old days of cashing out in good ol’ greenbacks. Now, you can let your earnings sit in a little digital vault, made possible … Read more
