PayPal and LayerZero expand PYUSD with cross-chain PYUSD0 for global finance
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Daily top performer — Immutable (IMX)
The S&P 500 gained 0.48% to a record high, led by tech, after the Fed’s rate cut, with futures slightly higher Friday. Gold slipped to $3,640 on profit-taking and a stronger USD after the Fed’s 25 bps cut, though Middle East tensions may support safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, rose 0.50%, with Bitcoin and Ether up 0.5% and 2.30%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is IMX, up 18.6% after Immutable and MARBLEX announced a gaming bash at KBW featuring showcases, merch, and giveaways.
Immutable (IMX), founded in 2018, is a Layer 2 scaling solution for Ethereum, built to power blockchain gaming and NFTs with gas-free, near-instant transactions and high throughput. It supports play-to-earn ecosystems, smart contracts, and cross-game profiles, while the IMX token is used for governance, fees, and rewards. Popular titles on Immutable include God’s Unchained, Guild of Guardians, and Habbo X. Immutable and MARBLEX are teaming up at KBW to host a gaming bash, bringing together top names in gaming. The event will feature game showcases, food, drinks, exclusive merch, and surprise giveaways for attendees.
Check out the latest prices, charts, and data of IMXUSDT perp and IMX/USDT spot contracts!
Talk of the town
PayPal and LayerZero have introduced PYUSD0, a permissionless version of PayPal USD designed for seamless cross-chain use. PYUSD0 extends the stablecoin beyond its native deployments on Ethereum, Solana, Arbitrum, and Stellar to networks including Aptos, Avalanche, Tron, Sei, Abstract, Ink, and Stable, with Berachain and Flow upgrading to the new standard. Enabled through Stargate Hydra, the move enhances composability, compliance, and accessibility, allowing self-custodied PYUSD to move freely across blockchains. LayerZero and PayPal frame this as a step toward making stablecoins a cornerstone of global finance.
Check out the latest prices, charts, and data of ZROUSDT perp and PYUSD/USDT spot contracts!
Bitcoin spot ETF flows
Category | Flow (millions) |
GBTC | 0.0 |
Non-GBTC | 163.0 |
Total | 163.0 |
Yesterday, BTC spot ETFs saw $163M in net inflows, all from non-GBTC funds.
Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!
Airdrop to watch
ConsenSys CEO Joe Lubin confirmed that the MetaMask ($MASK) token is officially on the way, noting in an interview that it could launch sooner than many expect. While details remain limited, speculation is growing that $LINEA airdrop holders might receive additional benefits, though this has not been confirmed.