#cash
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MetaMask Portfolio now lets users cash out crypto to fiat currencies like USD, EUR, and GBP. Users can quickly convert crypto to fiat, sending it directly to preferred destinations like bank accounts or PayPal.
Instead of relying on one provider, MetaMask aggregates multiple vetted providers, presenting real-time conversion options.
Currently, this feature supports ETH on Ethereum Mainnet in the US, UK, and parts of Europe. Expansion plans include more regions and layer 2 network gas tokens. 
Facing increased competition from conventional financial giants like PayPal Holdings Inc., Circle is taking strategic measures.
To counter this threat and counterbalance the diminishing market share of its USD Coin stablecoin, Circle is expecting leveraging a substantial cash reserve surpassing $1 billion.
The circulating supply of Circle’s USD Coin has experienced a decline, shrinking from $45 billion to around $26 billion since the start of this year. 
Partnering with Paxos Trust, financial giant PayPal has unveiled PayPal USD (PYUSD), focusing on swift and budget-friendly payments.
With backing from dollar deposits, short-term government securities, and similar cash equivalents, PayPal's CEO, Dan Schulman, envisions the stablecoin bolstering the company's foothold in the digital currency space:
"The vision over time is that this becomes a part of the overall payments infrastructure." The Drivers Behind Bitcoin Cash's 200% Rally
Bitcoin Cash (BCH), widely regarded as one of the most successful Bitcoin forks, has experienced an astonishing 200% price surge within a mere 10-day span. This remarkable achievement positions it among the select few cryptocurrencies to triple their value in such a short period. 
Slovakia Upholds Cash Rights, Counters Centralized CBDCs
In an era where digital transactions are becoming the norm, Slovakia has made a bold move to protect the age-old tradition of using physical cash. On June 15, the nation’s parliament voted in favor of an amendment to the constitution, enshrining the right to use cash as a legitimate form of payment. 
The issuer of USDT has resolved to end support for Kusama, Bitcoin Cash SLP, and Omni Layer. This move follows an in-depth analysis of the functionality, safety, and stability of these particular blockchains.
Notably, Omni Layer, Tether's first transport layer since its inception in 2014, was instrumental during its early days. However, it has witnessed a decline in popularity due to rising competitive solutions.
Though minting of USDT on the aforesaid platforms will be terminated, the redemption process will stay in place for a duration extending at least a year. What is Liquidity and How Does It Work in Crypto?
In the crypto realm, liquidity refers to how easily a token can be converted into another digital asset or cash without significantly impacting its price. Strong liquidity means that an asset can be quickly and effortlessly bought or sold. Poor liquidity, on the other hand, implies that buying or selling the asset might be slow or could result in a notable price loss. 
The service is built on the Stellar blockchain and activated by the MoneyGram retail agent network, allowing the exchange's clients to convert digital currency into cash.
You can exchange USDC for hryvnias, dollars, and euros at respective MoneyGram branches throughout Ukraine.
Currently, the service is available only to users residing in Ukraine who have completed KYC verification with Ukrainian documents. There are no fees for this service until June 2024!
For the user, the entire process consists of several steps, which are thoroughly described in the comprehensive exchange instructions on the WhiteBIT website. Choosing a Crypto Card?
A crypto card is an essential financial tool, significantly accelerating the widespread adoption of cryptocurrency, and offering the chance to abandon traditional cash and fiat currencies completely. With a crypto card, you can make purchases in retail outlets worldwide or online, paying for goods and services with digital assets. 
One of the oldest altcoins, has doubled in price since the beginning of the the last week – from $105 to $220.
Analysts credit this remarkable growth to the backing of the altcoin by the newly launched cryptocurrency exchange, EDX Markets.
EDX is new non-custodial cryptocurrency exchange, backed by major Wall Street players like Citadel Securities, Fidelity, and Schwab, has officially gone live a week ago.
It offers popular options like Bitcoin, Ether, Litecoin, and Bitcoin Cash, while consciously avoiding the list of tokens that the SEC considers to be financial securities. Tornado Cash Attack: Governance Restoration Proposal Passed
Last week, the TORN token witnessed an impressive surge of nearly 10%. This unexpected rise follows a groundbreaking proposal from the attacker’s wallet address, which had previously compromised the DAO’s governance. The proposal aims to reverse the malicious actions and restore integrity to the system. CashTokens Update from Bitcoin Cash with DeFi Features
Bitcoin Cash (BCH) has taken a significant step forward with the release of the CashTokens update, which allows users to create digital assets within the network. With this update, users can now create their own tokens and develop DeFi applications on the Bitcoin Cash network.