USD Coin/USD

The PayPal application can be seen on a mobile phone.Felix Kästle | picture alliance | Getty ImagesPayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto…

Bitcoin is up more than 75% this year, but the market capitalization for stablecoins has dwindled during the same period. The market cap for the dollar-backed USD Coin (USDC) has dropped about 41% since Jan. 1, while Binance USD (BUSD)…

Barry Silbert, Founder and CEO, Digital Currency GroupDavid A. Grogan | CNBCCrypto lender Genesis filed for Chapter 11 bankruptcy protection late Thursday night in Manhattan federal court, the latest casualty in the industry contagion…

Binance, the world's largest cryptocurrency exchange, said Tuesday it is pausing withdrawals of the stablecoin USDC while it carries out a "token swap."The move comes as investor concerns grow about Binance's stability following the…