On June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory approval from the New York State Department of…
PayPal has added chainlink (LINK) and solana (SOL) to its growing list of supported cryptocurrencies, giving users of both PayPal and Venmo the ability to buy, hold, sell and transfer…
The crypto payment option, which will be offered through a "secure payment platform managed by PayPal," according to the release, is expected to go live in mid-2025. A spokesperson for…
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By unveiling its stablecoin, PayPal is attempting to claim a share of the growing cryptocurrency market. The company says that PYUSD will be able to support quick fund transfers for…
Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries, said CEO Jeremy…
“PayPal USD (PYUSD), a U.S. dollar stablecoin issued in collaboration with Paxos Trust Co., is a significant development in the digital finance landscape,” said Jeff Mei, COO of crypto exchange…
Since the launch of PayPal’s new stablecoin (PYUSD), opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens.According to data from the…
Join Our Telegram channel to stay up to date on breaking news coverage The increased regulatory scrutiny to improve cryptocurrencies has facilitated PayPal Holdings to slam the brakes on its…
