PayPal Exploring Launching Its Own Stablecoin, Binance.US Building Virtual Office in the Metaverse

CoinDesk published this video item, entitled “PayPal Exploring Launching Its Own Stablecoin, Binance.US Building Virtual Office in the Metaverse” – below is their description.

“The Hash” team discusses today’s hot topics ranging from fintech giant PayPal exploring the opportunity to launch its own stablecoin, Binance.US building a new virtual office in the Solana metaverse, and bitcoin’s hashrate update after the Kazakhstan mining disruption to the latest development in the Pudgy Penguins NFT project.







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About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

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In This Story: Kazakhstan

Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country mainly located in Central Asia with a smaller portion west of the Ural River in Eastern Europe.

Kazakhstan is the world’s largest landlocked country. It has a population of 18.3 million residents, and has one of the lowest population densities in the world. Since 1997, the capital is Nur-Sultan, formerly known as Astana. It was moved from Almaty, the country’s largest city.

Kazakhstan was the last of the Soviet republics to declare independence during the dissolution of the Soviet Union in 1991.

Kazakhstan is the most dominant nation of Central Asia economically, generating 60% of the region’s GDP, primarily through its oil and gas industry. It also has vast mineral resources. Kazakhstan is a member of the United Nations (UN), WTO, CIS, the Shanghai Cooperation Organization (SCO), the Eurasian Economic Union, CSTO, OSCE, OIC, CCTS, and TURKSOY.

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A metaverse is a network of 3D virtual worlds focused on social connection.

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