PayPal has teamed up with Spark to boost PYUSD liquidity, with deposits already topping $135 million on the decentralized finance (DeFi) lending protocol. PayPal has partnered with decentralized finance (DeFi) protocol Spark to expand liquidity for its US dollar stablecoin, PayPal USD (PYUSD). PayPal's stablecoin has attracted more than $135 million in deposits since its August listing on SparkLend, a lending market focused on stablecoins, according to a Thursday statement. SparkLend was launched in 2023 out of the MakerDAO ecosystem and later integrated into Maker’s successor entity, Sky. It runs the Spark Liquidity Layer, which is backed by more than $8 billion in stablecoin reserves, according to the protocol. Read more
Bitcoin fell to new local lows on the back of strong US jobs data, joining stocks and gold in what analysis called an “overdue” correction. Key points: Bitcoin falls with stocks and gold on stronger-than-expected US jobs data. The US dollar index reaches its highest levels in three weeks as jobless claims come in below expectations. Read more
Seven spot XRP ETF rulings and Ripple’s bank charter decision hit in October 2025. Discover why funds see XRP as Wall Street’s dark horse. When financial firms roll out exchange-traded funds (ETFs) for crypto, it often signals that an asset is crossing from niche into the mainstream. Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) are already trading in the US, attracting billions from institutions and retail investors who want exposure without holding tokens directly. Read more