David Weber
324 posts
@webergems
Head of PayPal USD $pyUSD ecosystem - views are my own
PayPal USD tapped to expand TCS Blockchain's onchain trade financing for trucking industry theblock.co/post/392060/pa…
Introducing PYUSDx. A new offering from M0, @MoonPay and @PayPal that lets teams launch custom stablecoins backed by PayPal USD.
Introducing PYUSDx, a stablecoin tokenization framework from PayPal, @M0, and MoonPay. 🪙 Backed 1:1 by @PayPal USD ⚡️ Go from build to launch in days, not months 🌐 Purpose-built for issuance, distribution, and interoperability Let’s build together.
USDC 🤝 @Polymarket USDC is becoming a core part of how prediction markets evolve. Through a new partnership, Circle and Polymarket are collaborating on stablecoin-powered settlement to support faster execution, lower friction, and trusted collateral as prediction markets scale. This is what it looks like when real-world financial applications are built on stablecoin infrastructure designed for global scale.
PYUSD, by @PayPal, crossed $400M deposited on Aave. The Aave effect.
A major milestone for USD1. We are now larger than PayPal’s digital dollar (PYUSD) and growing into one of the most significant digital dollar platforms in the world. This isn’t just about crypto. It’s about building the future of global money. The shift is happening. @worldlibertyfi
Working with @USDai_Official to support AI infrastructure use cases with PYUSD.
I hear precious little about @PayPal in the stablecoin discussion and yet they are rapidly putting together the single best product in the space. Crypto is focused on Tether, Circle, Stripe, etc. and yet here is a company just actually doing the thing!
Paxos has received approval to convert its NYDFS limited purpose trust charter into a national trust charter overseen by the U.S. Office of the Comptroller of the Currency. Once complete, all US-based activity will be subject to OCC supervision. paxos.com/newsroom/occ-a…
Putting aside the gross misrepresentation here of the regulatory requirement to hold cash and cashlike assets (short-term US govt debt, among the safest and most liquid assets out there) as "invest[ing] the money in financial markets, often by buying bonds" -- I find it the height of irony that the NYT says that bank deposits are better than stablecoins because they share *some* (~.01%) interest with depositors, and yet any argument that, perhaps, stablecoin issuers should be permitted to pass on interest to tokenholders is taboo. Can't have it both ways here guys.
What does launching spPYUSD in Spark Savings actually change for @sparkdotfi risk? Here’s the summary in simple terms before the vote 👇
We rebuilt Slash from the ground up. Our lead front-end engineer @albTian walks through the new Facelift: faster navigation, cleaner flows, upgraded cards, and so much more The whole platform feels brand new. Check out the new look. ↓
