Stable Coins

Samsung SDS, the IT services arm of Samsung Group, is exploring stablecoin infrastructure, digital asset systems and AI-based payment models with Dunamu, the operator of Upbit, one of the biggest local cryptocurrency exchanges. Samsung SDS […]

PayPal highlighted growth of stablecoins and AI-driven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million crypto-related earnings adjustment.

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.

Update July 22 at 4:37 am UTC: The article has been updated to include additional information from Slowmist about the exploit method. Balance Coin, an algorithmic stablecoin designed to maintain a peg to the US […]