In a Monday statement, the issuer, whose products include PayPal USD (PYUSD) as well as its own Pax Dollar (USDP), also said DBS, the state’s biggest bank, will be its primary banking partner for cash management and the custody of its stablecoin reserves.
Bitcoin (BTC) Price Decline Spurs Buying of Spot ETFs
As for price action, bitcoin has seen a very modest of bounce since tumbling from nearly $61,000 Wednesday to under...