CryptoSlate
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17:26 Sep 22, 2025
The stablecoin sector is entering a new phase of competition, with major players unveiling fresh initiatives to capture part of the $280 billion market. On Sept. 22, PayPal, Bitfinex-backed Plasma, and Polkadot’s Hydration protocol announced new projects to strengthen the role of dollar-pegged assets in global finance. Neobank, DeFi, and Payments Plasma is positioning itself […] The post PayPal joins Plasma and Polkadot’s Hydration in wave of new stablecoin initiatives appeared first on CryptoSlate.