PayPal USD (PYUSD) Preț | Cotații | Informații proiect | LBank

JPYC surged to 37.6 won after its Upbit debut before returning near its yen reference.PYUSD reached 1,760 won on Upbit as limited early liquidity distorted its stablecoin pricing temporarily.EURC climbed to 7,860 won on Bithumb, exceeding its previous close by over 400%.Industry participants want liquidity providers, issuance safeguards and price controls considered for won stablecoin rules.South Korea expects its second-stage digital asset legislation to reach a parliamentary review in November.

PYUSDx lets businesses issue programmable tokens backed one-to-one by PayPal USD.Saturn, Concrete, and Cap have processed about $100 million across three live products.Businesses can control token policies and allocate revenue generated by the backing.A shared swap facility converts supported tokens at par without separate liquidity pools.

Bybit users can pay or fund supported accounts without withdrawing assets first.Mesh-connected businesses can add Bybit Pay through their existing integration.Merchants can choose when and how funds settle across supported markets.Mesh raised $75 million at a $1 billion valuation in January.

FASB proposes allowing qualifying stablecoins to be presented as cash equivalents without changing GAAP’s definition.Qualifying tokens require issuer redemption rights and segregated reserves holding highly liquid short term assets.Secondary market liquidity alone cannot qualify a token when holders lack direct contractual redemption rights.All entities would disclose major cash equivalent components, whether digital assets are involved or not.Public comments remain open until November 19, with FASB setting the effective date after review.

Bridge has joined the European Union’s MiCA register, raising the number of authorized electronic money token issuers to 42.ESMA has also added three German crypto asset service providers, bringing the total number of authorized CASPs across the bloc to 324.The Luxembourg approval allows the Stripe owned company to offer regulated stablecoin and euro payment services throughout all 27 EU member states.Bridge’s registration comes as Stripe continues expanding its stablecoin payments business following its acquisition of the company.

Mastercard has partnered with Borderless.xyz to pilot its Crypto Credential framework for cross-border stablecoin payment flows.The pilot marks Mastercard’s latest stablecoin initiative following its BVNK acquisition, regulated stablecoin settlement rollout, and crypto partner program.