Crypto.com, a cryptocurrency exchange, recently offered PYUSD pairs that include XRP. This move could broaden the platform's reach and assist it in establishing a presence in the market.
Meanwhile, the artificial intelligence (AI)-powered QUBE, InQubeta's native token, has been on the increase. Let's take a closer look at both of these developments.
PYUSD Trades Are Now Available On Crypto.com
Crypto.com said on September 28 that it will list new PYUSD pairs.
Crypto.com, PayPal, and Paxos have collaborated to launch new trading pairings on the Crypto.com platform. This agreement strengthens Crypto.com's position for individuals looking for more depth in their PYUSD trading activity.
The news also includes a new PYUSD trading channel for XRP trading, letting both novice and experienced traders to benefit from trading XRP on the Crypto.com interface.
Other coins, including as Dogecoin (DOGE), Solana (SOL), and USDT, have also found a home on the platform's PYUSD trading pairs.
DOGE/PYUSD and SOL/PYUSD have been introduced to the broader trading public, while PYUSD/USDT has been designed exclusively for institutional clients.
The XRP/PYUSD trading pair, on the other hand, serves to both individual and institutional traders.
Crypto.com intends to add new crypto features into its network while strengthening its synergy with PayPal's massive user and merchant ecosystem.
PYUSD debuted in August 2023, and it is supported by a number of cryptocurrency exchanges. Despite intense competition from rival stablecoins and Central Bank Digital Currencies (CBDCs), PYUSD is gaining ground, thanks in part to its full support via cash analogs, USD reserves, and short-term US treasuries. Paxos is in charge of issuing this anchored stablecoin.
The focus on XRP trading by Crypto.com follows Ripple's court victories against the Securities and Exchange Commission (SEC). However, the price trend of XRP has not mirrored this recent achievement, implying underlying market concerns.
The Importance Of InQubeta In Driving Crypto AI
InQubeta is a crowdfunding platform that allows for fractional investments in AI businesses through the use of QUBE. These ERC-20 currencies serve as a link between AI businesses and investors all across the world. QUBE ensures openness, accessibility, and maybe returns by participating in these businesses.
InQubeta has a distinct service and significant growth potential. These are some of its primary characteristics:
QUBE is deflationary, levying a 2% tax on all transactions sent to a burning wallet. This approach naturally increases the token's value over time.
A 5% sales tax is put into a designated reward fund. Investors can participate in this pool by staking, gaining rewards, and increasing their investment returns.
NFT marketplace: AI startups can convert investment opportunities into non-fungible tokens (NFTs), which are then advertised on the marketplace and sold to QUBE holders. This fractional investment method enables investors to support projects that correspond to their interests and budget.
QUBE is a governance token, which means that holders can actively engage in decision-making, affecting the platform's path and destiny.
The Popularity Of QUBE
InQubeta is becoming more popular as more investors and companies understand its potential.
Its ongoing presale has been a success, with more traders putting their money into this AI altcoin.
In stage 4 of the ongoing presale, the project sold over 380 million tokens and raised over $3.4 million.
InQubeta's social media presence, such as on X (Twitter), is also expanding, with a growing network of investors, supporters, and crypto enthusiasts interested in the project.
The rise of new projects such as InQubeta and the addition of additional trading pairs by Crypto.com demonstrate the promise of AI-driven cryptocurrencies.
InQubeta's investing approach, real-world application, and tokenomics may explain why investors looking for chances in AI are interested in the project.
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