💸 PayPal has announced that it will launch a rewards program for holding its stablecoin PYUSD this summer.

U.S. users who hold PYUSD in their PayPal or Venmo wallets will be able to earn an annual yield of 3.7%, accrued daily and paid monthly.

@DeCenterOrg

🇮🇹 Tether has increased its stake in the Juventus football club to 10%.

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🪙 According to a study by Swan analysts, the HODL strategy mainly works for BTC: almost all top altcoins eventually lose up to 90% of their value relative to Bitcoin. For example, QTUM dropped in 17 months, MATIC in 23 months, and ADA and XRP in 36 months.

Even XMR, which lasted 72 months, was described by analysts as an example of "slow agony."

Over the long term, leadership once again remains with the first cryptocurrency.

@DeCenterOrg

📊 Last week, the total net inflow into spot Bitcoin ETFs exceeded $3 billion.

The net inflow into spot Ethereum ETFs over the same period amounted to $157 million.

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🪙 Sixteen months after the launch of spot Bitcoin ETFs, Grayscale’s GBTC continues to dominate, generating around $268 million in annual revenue — more than all other Bitcoin ETFs combined ($211 million).

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🪙 Tether printed another 1 000 000 000 USDT.

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🪙 Ethereum researcher Dankrad Feist has proposed a plan outlined in EIP-9698 to increase the network’s gas limit 100-fold over four years — potentially allowing Ethereum to process up to 2 000 transactions per second.

Currently, the gas limit is 36 million, whereas in 2015 it was around 5 000.

@DeCenterOrg

🪙 Tether has stated that the U.S. dollar is losing its dominance in the stablecoin market, giving way to new forms of backing — including money market funds, gold, commodities, and tokenized assets.

These types of stablecoins can offer users higher yields and broaden the range of options beyond the dollar.

@DeCenterOrg