Libra Memecoin Backed by Argentina’s President Javier Milei Sparks Rug Pull Concerns: All Details

Libra Memecoin Backed by Argentina’s President Javier Milei Sparks Rug Pull Concerns: All Details

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The crypto market took a hit over the weekend following a memecoin controversy. Argentina’s President Javier Milei promoted the Libra memecoin on his official X account last Friday. According to the Buenos Aires Herald, his now-deleted tweet claimed the token could boost the…

PayPal USD Expected to Do Better Than Facebook’s Libra in Stablecoin Market

PayPal USD Expected to Do Better Than Facebook’s Libra in Stablecoin Market

PayPal‘s stablecoin is likely to succeed where Facebook‘s failed, thanks to the payment giant’s standing in Washington and policymakers’ greater understanding of the issues in the last three years.  PayPal this month said it was launching PayPal USD, a crypto token pegged to the US dollar, making it the second…