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October 23, 2025CoinOtag logoCoinOtag

Paxos CEO Frames PYUSD Minting Glitch as Potential Showcase for Blockchain Transparency

Paxos accidentally minted $300 trillion in PayPal’s PYUSD stablecoin due to a manual error, but CEO Charles Cascarilla highlighted blockchain transparency as it allowed immediate detection without any funds leaving

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Aave Lists syrupUSDT on Plasma Market, Reaching $150M Cap Quickly via Maple Partnership

Aave Lists syrupUSDT on Plasma Market, Reaching $150M Cap Quickly via Maple Partnership

Aave has integrated syrupUSDT, a yield-bearing USDT variant from Maple Finance, into its Plasma market, hitting a $150 million supply cap in minutes. This move enhances DeFi lending with institutional...

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1 min
Latin America Embraces Stablecoins Like USDT to Tackle Inflation and Banking Gaps

Latin America Embraces Stablecoins Like USDT to Tackle Inflation and Banking Gaps

Latin Americans are increasingly turning to stablecoins and cryptocurrencies to fight high inflation rates and gain access to financial services in regions where traditional banking falls short. This ...

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1 min
EU Targets Russian A7A5 Stablecoin in Latest Sanctions Against Crypto Evasion

EU Targets Russian A7A5 Stablecoin in Latest Sanctions Against Crypto Evasion

The European Union has imposed its 19th sanctions package against Russia, targeting EU sanctions on Russian crypto platforms for the first time to curb evasion tactics. This includes bans on...

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1 min