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PayPalThe stablecoin-focused Plasma blockchain's native token, XPL, debuted on major exchanges, including Binance and OKX, on Thursday.The token drew a price of up to $1.54 in early trading, resulting in a market capitalization of over $2.8 billion. The plasma token has a genesis supply of 10 billion, of which 18% or 1.8 billion is now in circulation.The Plasma network also debuted with over $2 billion in stablecoin total value locked and an EVM-compa…See the Story
Bitget Wallet Joins Plasma Mainnet Launch to Advance Stablecoin Infrastructure
100% Center coverage: 2 sources

Finance · United StatesCircle Internet, (CRCL) is examining ways of reversing transactions involving its stablecoin, USDC, the Financial Times (FT) reported on Thursday.The issuer of the second-largest stablecoin is "thinking through ... whether or not there's the possibility of reversibility of transactions," the company's president, Heath Tarbert, said in an interview with the newspaper.Stablecoins, tokens pegged to the value of a traditional financial (TradFi) asse…See the Story
Circle Examines Ways to Reverse Transactions to Counter Fraud, Disputes: FT
100% Center coverage: 2 sources