
Cryptocurrencies rose broadly on Tuesday in opposition with the stock market after the ratings agency Moody’s put the U.S. banking sector on watch.
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PayPal on Monday became the first major U.S. fintech company to offer its own crypto token with a dollar-pegged stablecoin known as PayPal USD, making big promises of how it can move money between millions of crypto investors.
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Traditional finance giants are excited about the idea of putting ownership of assets like precious metals, art, homes and more on the blockchain.
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