Arthur Hayes highlights Aptos as a solution for traditional finance inefficiencies. He emphasizes the potential of DEX to eliminate unnecessary intermediaries. Continue Reading: Arthur Hayes Advocates for Aptos as a Solution to Traditional Finance Issues The post Arthur Hayes Advocates for Aptos as a Solution to Traditional Finance Issues appeared first on COINTURK NEWS .
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Former Coinbase Execs to Launch Crypto Exchange Using PayPal Stablecoin
A cohort of former Coinbase executives is set to launch TrueX, a new digital asset exchange that will utilize PayPal’s stablecoin, PYUSD, as its primary settlement currency. On Sept. 18, True Markets introduced TrueX, branding it as a “non-custodial, stablecoin-native exchange.” This venture garnered $9 million in seed funding from notable backers including Paxos, Solana Foundation, and Aptos. According to a press release, TrueX has partnered with Paxos, the issuer of the PayPal USD stablecoin, to adopt PYUSD as the default settlement currency on its platform. PYUSD boasts a significant presence in the crypto world, with a market capitalization exceeding CoinTurk News
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