PANews reported on October 31 that, according to The Block, the U.S. Treasury Department is preparing to issue a $1 coin featuring the image of President Trump, a development that has angered some lawmakers who claim the coin's reverse design is linked to the cryptocurrency Trump. On Thursday, at a nomination hearing before the Senate Banking Committee, Democratic Senator Chris Van Hollen questioned Paul Hollis, the nominee for the next head of the Treasury's Mint, about the coin's design. The obverse features Trump's portrait, while the reverse depicts him standing in front of the American flag, raising his fist, with the slogan "Fight, Fight, Fight" on either side. This slogan is also the name of the company behind Trump. "It is illegal to put the president's portrait on official coins, and what's even more infuriating is that it echoes the design of Meme coins from which the president has profited. To me, that's obvious," said Congressman Van Hollen on Thursday. When asked about the coin, Mint nominee Paul Hollis said he was "100% committed to always obeying the law."PANews reported on October 31 that, according to The Block, the U.S. Treasury Department is preparing to issue a $1 coin featuring the image of President Trump, a development that has angered some lawmakers who claim the coin's reverse design is linked to the cryptocurrency Trump. On Thursday, at a nomination hearing before the Senate Banking Committee, Democratic Senator Chris Van Hollen questioned Paul Hollis, the nominee for the next head of the Treasury's Mint, about the coin's design. The obverse features Trump's portrait, while the reverse depicts him standing in front of the American flag, raising his fist, with the slogan "Fight, Fight, Fight" on either side. This slogan is also the name of the company behind Trump. "It is illegal to put the president's portrait on official coins, and what's even more infuriating is that it echoes the design of Meme coins from which the president has profited. To me, that's obvious," said Congressman Van Hollen on Thursday. When asked about the coin, Mint nominee Paul Hollis said he was "100% committed to always obeying the law."

                                                                               PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche, and several other blockchains via LayerZero and its Stargate Hydra bridge.                     Payments giant PayPal is expanding its PayPal USD stablecoin across eight new blockchains, seven of which are through an integration with LayerZero’s Stargate Hydra bridge.The integration will create a permissionless version of PayPal USD (PYUSD) — PYUSD0 — which will be “fully fungible” with the PYUSD and interoperable across blockchains, crypto infrastructure firm LayerZero said in a statement on Thursday. Those blockchains include Tron, Avalanche, Aptos, Abstract, Ink, Sei, and Stable, while existing permissionless versions on Berachain (BBYUSD) and Flow (USDF) will upgrade to PYUSD0. A separate announcement on Thursday also revealed that PYUSD has expanded to Stellar.Read more