PayPal USDの‌価格

$GRVT TL;DR Polygon added Solana support to Open Money Stack, allowing businesses to manage stablecoin payments. The platform integrates virtual accounts, programmable wallets, and transfers across Solana, Polygon, TRON, and EVM-compatible networks. The service supports USDC, USDT, PYUSD, SOL, and wSOL, along with fiat-to-crypto conversions through a single infrastructure. Polygon expanded its Open Money Stack (OMS) platform to support Solana, enabling businesses to process end-to-end stablecoin payments, from receiving bank deposits to converting, transferring, and withdrawing funds in traditional currencies. The integration allows applications built on Solana to use virtual accounts, embedded wallets, and cross-chain transfer services without leaving their primary blockchain. According to Polygon, Solana processes more than $2 trillion in stablecoin volume per quarter. The company aims to provide businesses with the infrastructure needed to manage those funds and connect them to traditional financial systems. Polygon Integrates Bank Payments and Cross-Chain Transfers Open Money Stack supports deposits through bank transfers, cards, cash, and cryptocurrencies. Funds can be converted into stablecoins on Solana and held in programmable accounts before being sent to other users or withdrawn. According to the company, its fiat on- and off-ramp infrastructure is backed by money transmitter licenses across 48 U.S. states. Each customer can have a dedicated virtual account to receive bank transfers. The system automatically identifies the recipient and credits the funds to the corresponding balance. Polygon also added support for Solana embedded wallets through the same API used for EVM networks. Businesses can create accounts and establish rules governing when and where assets are transferred. The platform supports USDC, USDT, PYUSD, SOL, and wrapped SOL (wSOL), with transfers across Solana, TRON, and EVM networks handled in a single transaction. For example, an application can receive USDC from Ethereum and deliver SOL to a Solana user without requiring them to manage a cross-chain bridge manually. Solana Can Use Open Money Stack for International Payments The integration is designed for fintech companies, payment applications, marketplaces, and platforms operating on Solana that need to connect their services to bank accounts and other blockchains. An application can accept a dollar-denominated card payment, convert it into stablecoins, and send the funds to another country. The recipient can hold the digital assets or withdraw them through a bank account, a card, or a cash pickup location. Marketplaces can also use this infrastructure to pay sellers in different currencies or across different networks, depending on each recipient’s needs. Polygon clarified that businesses are not required to use every component of OMS. They can integrate only the services they need while retaining their existing custody, compliance, or settlement providers. The company plans to continue adding support for other blockchains to Open Money Stack, allowing applications to manage payments across multiple networks through a single infrastructure.

$GRVT Coinbase’s October 30 deadline to restrict non-compliant stablecoins has disrupted the European market, prompting traders to explore decentralized exchanges as an alternative. However, at the same time, it has also raised questions about whether these alternatives can offer the same access to liquidity and trading flexibility as centralized exchanges (CEXs). In an email to AMBCrypto, Quinten van Welzen, Head of Growth at Zano, said, Coinbase’s deadline shows why access to decentralized trading is becoming increasingly important, not just for privacy coins but for stablecoins too. Here, Welzen is expressing the broader concerns about the dependence on CEXs. He believes that when platforms restrict certain assets to meet regulatory requirements, users often tend to lose access to familiar trading routes even if they continue holding those tokens in self-custody wallets. Why is this important for decentralized trading? So, decentralized exchanges (DEXs) and peer-to-peer swaps offer alternative ways to trade without relying on a single centralized intermediary. However, these options also come with challenges, including fractured liquidity, limited trading pairs, technical complexity, and their own regulatory exposure. Naturally this prompted a question on whether DEXs can provide reliable, liquid, and accessible alternatives as CEXs adapt to regulatory requirements or whether users will simply move their dependence to DEXs. Responding to which, Welzen added, Decentralized exchanges aren’t immune to regulation, and liquidity is still a challenge, but this is a reminder that relying on centralized platforms to decide which assets people can trade isn’t a great long-term solution either. DEXs vs. CEXs DEXs could offer European users an alternative to centralized platforms following Coinbase’s stablecoin restrictions. Using smart contracts, DEXs enable users to trade supported assets directly from self-custody wallets without relying on a centralized exchange to list them. Hence, users withdrawing $USDT or $DAI could potentially trade these tokens through DEXs or peer-to-peer swaps, provided suitable trading pairs are available. However, given the aforementioned challenges, it remains to be seen whether DEXs will actually become viable alternatives as CEXs adapt to Europe’s MiCA rules. Coinbase $USDT nears expiration in Europe As reported by AMBCrypto, this move follows Coinbase’s compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which require stablecoin issuers to meet specific authorization requirements. The affected assets include Tether’s $USDT, PayPal’s PYUSD, World Liberty Financial’s USD1, $DAI, and PAXG, among others. Since trading and conversions of these assets have already been restricted, users can no longer freely trade them on Coinbase. This comes as the EUR-pegged stablecoin market has reached a market capitalization of approximately $803 million, with a 1.1% increase over the past 24 hours, and around $65.6 million in daily trading volume.

$GRVT As of Oct. 25, Circle’s USDC made up around 80% of the net 30-day drop among the 13 largest stablecoins, according to monthly DeFiLlama figures. Circle’s token lost $4.69 billion in the month. The 13 tokens lost $5.82 billion in net value. USDC’s market cap was $71.743 billion, down $878.72 million just in the last week. Tether gives up $1.29 billion and keeps a 60.74% share The total stablecoin market declined to $300.36 billion on Oct. 25. DeFiLlama data shows it has lost $12.73 billion since May 22. Tether’s USDT fell less over the month. It had a market cap of $182.423 billion, down $1.29 billion in 30 days, down $990.43 million in 7 days and still possesses 60.74% of the market. The seven-day shrinkage across the 15 largest stablecoins was about $1.90 billion. Ethena’s USDe fell $305.61 million over the month. World Liberty Financial’s USD1 declined $444.67 million, or 10.10%. Falcon’s USDf added $511.16 million, a 42.32% increase, while PayPal’s PYUSD added $239.53 million in the same 30-day period. Tokenized Treasuries shed $1.55 billion since August Minting stablecoins generally increases supply, while redeeming them for fiat diminishes it, potentially pulling money that might otherwise have gone into buying Bitcoin or Ether. Supply grew during the 2020-2021 bull market and shrank after Terra’s collapse in 2022, which just so happened to coincide with a protracted crypto bear market. Bitcoin is trading near $80,000, far off its October 2025 record of around $126,000. Tokenized U.S. Treasury products like BlackRock’s BUIDL and Ondo’s USDY also shrank, declining from $16.2 billion on Aug. 12 to $14.65 billion on Oct. 25, according to data from rwa.xyz. Those who hold the Treasury tokens can redeem them to buy stablecoins or risk assets or shift cash back into bank accounts. The combined fall was $1.55 billion. Standard Chartered postponed its prediction of a $2 trillion stablecoin market from 2028 to 2030. The stall in supply growth is cyclical and tied to weak crypto markets, said Geoffrey Kendrick, the bank’s head of digital assets research, who noted supply has been stuck between $300 billion and $320 billion over the past year. Circle is also defending the economics of USDC. Cryptopolitan reports that Circle’s October 16 blog post disclosed that ~$819 million, or about 59 cents on the dollar, of the company’s ~$1.4 billion revenue in the first half of 2026 went to firms distributing USDC and to transaction costs. The post was seen as a reaction to Open USD, a rival token launched June 30 that promises free minting and redemption. The consortium behind Open USD says partners can keep all the interest its reserves earn, minus a small management fee. The smartest crypto minds already read our newsletter. Want in? Join them.

$GRVT TL;DR: Sentora submitted an ARFC request to operate independent lending markets on Aave V4, sharing 50% of protocol revenue with the Aave DAO at zero operational cost to the community treasury. The initial Ethereum deployment establishes a dedicated Hub with designated Spokes, setting a deposit cap of 100 million RLUSD and a borrow cap of 90 million RLUSD. Initial borrowable assets are restricted to RLUSD, PYUSD, and OUSD, formally excluding USDC and USDT under a baseline 20% reserve factor framework. Sentora targets Aave V4 through a formal governance proposal seeking to deploy and manage independently curated lending markets on the Ethereum network, transferring 50% of protocol revenue to the Aave DAO. The initiative is posted on the official governance forum as an Aave Request for Final Comments (ARFC). If community feedback concludes favorably, the workflow will advance to a binding Snapshot vote, serving as the prerequisite step before formulating an Aave Improvement Proposal (AIP) for final on-chain execution. Sentora was formed through the corporate merger of IntoTheBlock and Trident Digital. According to the proposal text, the initiative aims to consolidate institutional liquidity strategies that currently operate fragmented across multiple decentralized venues. Under this framework, Sentora would assume end-to-end control over collateral selection, borrow caps, interest rate curves, liquidations, and price oracle integrations. Aave’s core governance retains ownership of the underlying smart contracts and final authority over structural upgrades. The DAO’s regular risk service providers will carry no binding mandate or contractual obligation to monitor these markets or triage operational incidents. Unlike the core V4 deployments activated on Ethereum in March, this Hub will operate as a segregated environment with no cross-credit facilities connected to other Aave liquidity pools. Risk architecture and operational Hub parameters Modifications intended to reduce system risk—such as tightening collateral parameters or preemptively freezing markets—can execute immediately. In contrast, any supply cap increases or modifications to interest rate models will require an enforced 48-hour on-chain timelock. This timelock mechanism does not restrict the scale of parameter increases, nor does it enforce cooldown windows between back-to-back updates. In the event of an operational dispute, the DAO cannot cancel individual queued transactions; its remediation path requires passing an AIP to revoke Sentora’s administrative manager roles. Onboarding new collateral assets will require a mandatory two-week discussion window on the governance forum. Any technical objection raised by recognized Aave service providers will immediately halt the process, escalating the decision to a binding Snapshot vote. However, external risk auditors will receive no dedicated compensation for these reviews, meaning the absence of public objections does not imply an exhaustive technical audit. The initial rollout completely excludes the highest-volume stablecoins, USDT and USDC. Lending and borrowing will be restricted to RLUSD, PYUSD, and OUSD, launching initially with RLUSD Yield, OUSD Yield, and a Bluechip Spoke, with a planned follow-on integration for PYUSD Yield. The RLUSD Yield module will feature a supply cap set at 100 million tokens and a maximum borrowing capacity of 90 million. Initial collateral assets slated for this market segment include USDe and Huma PST, with subsequent expansions targeting PRIME and mWIN. Borrowable stablecoins will implement a baseline 20% reserve factor on accrued borrow interest, a floor that Sentora may raise but cannot lower. The 50% share of these protocol proceeds will be routed directly to the Aave DAO treasury and will not represent a direct distribution to AAVE token holders or stakers. Final confirmation of the price oracle architecture for OUSD remains the primary technical milestone pending before initiating the Snapshot vote.