PayPal is rolling out a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short ...

Beyond merchant services, PayPal has other avenues where it can pursue growth. For example, Venmo, its peer-to-peer payment ...

PayPal’s stablecoin, PayPal USD (PYUSD), has reached a significant milestone, surpassing $1 billion in total market capitalization, according to CoinMarketCap.

PayPal has launched its PYUSD stablecoin on the Solana blockchain to capitalize on the network’s high-speed and low-cost transactions. The announcement on Wednesday marks PayPal’s first foray ...

With its recent “Pay with Crypto” feature, which lets U.S. merchants accept over 100 different coins, PayPal is pushing further into everyday commerce. The service aims to slash international ...

PayPal has taken a key step in the mass adoption of cryptocurrencies with the launch of Pay with Crypto, a new feature that allows merchants to receive payments in cryptoassets instantly converted to ...

PayPal’s US dollar-pegged stablecoin, PayPal USD, has surpassed $1 billion in total market capitalization, according to data from CoinMarketCap. Launched in 2023, PayPal USD (PYUSD) is backed 1: ...

PayPal’s senior vice president, Jose Fernandez da Ponte, highlighted the benefits of integration for PYUSD holders. He emphasized the added seamlessness and flexibility that LayerZero technology ...

PayPal has announced that its stablecoin for transactions and transfers, PYUSD, is now accessible on Venmo. This service is currently available to a limited number of users and will be gradually ...

PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal says the stablecoin is rolling out to U.S ...