PayPal’s PYUSD stablecoin hits $1B market cap
[Aug 26 8:09 PM] PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
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Paxos gains approval for Singapore stablecoin launch with DBS partnership
[Jul 2 7:17 AM] Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.
Transak Lists Paypal’s PYUSD for Easier Crypto Access
[Jun 18 11:22 AM] According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the…
MoonPay announces PayPal fiat on-ramp for UK and EU
[Jun 12 11:00 AM] MoonPay noted that PayPal is the third-most commonly used payment option in the United States, behind Apple Pay and traditional bank cards.
Solana emerges as an institutional favorite following PayPal USD launch
[Jun 4 6:21 AM] Solana could emerge as a leading blockchain for payment institutions. Is a Solana-based ETF next?
How to build with PayPal USD (PYUSD) on Solana
[Jun 4 2:57 AM] The speed and scalability of Solana makes PYUSD accessible, cost-effective and instantaneous, facilitating an array of use cases.
What is PayPal USD and how to buy PYUSD in the US?
[May 31 8:50 AM] Learn how PYUSD works, its benefits and how to buy, use and store this dollar-backed digital currency.
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
[May 29 1:36 PM] Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal…
PayPal expands PYUSD to Solana, targets payment use cases
[May 29 7:00 AM] PayPal’s PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users.
'CryptoDad' Giancarlo Joins Paxos Board
[May 14 7:01 AM] Paxos has added J. Christopher Giancarlo, a former chairman of the U.S. Commodity Futures Trading Commission who has been a public advocate for the cryptocurrency sector, to its board of directors, the company told CoinDesk.
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions — Visa
[Apr 29 7:13 AM] Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market.
Paypal Integrates PYUSD for International Transfers on Xoom
[Apr 4 10:38 AM] On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions. Beginning on April 4, this feature was made accessible to users in the…
Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race
[Mar 11 2:40 PM] In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten…
Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin
[Sep 30, 2023 4:30 AM] Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already…
PayPal applies for NFT marketplace patent for on- or off-chain asset trading
[Sep 28, 2023 12:57 PM] PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider.
Crypto.com to become preferred exchange for PayPal USD
[Sep 28, 2023 3:25 AM] PayPal launched its U.S. dollar-backed stablecoin in August 2023.
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
[Sep 13, 2023 4:07 AM] The total assets held in PayPal USD custody “meet or exceed the token balance,” with total tokens outstanding amounting to $44.4 million as of Aug. 31, Paxos report states.
PayPal's PYUSD struggles with early adoption — Nansen
[Aug 25, 2023 11:30 AM] PayPal's stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses. Early adoption trends paint a different picture.
What is PayPal USD, and how does it work?
[Aug 14, 2023 9:44 AM] PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers.
US Congresswoman Raises Concerns About Paypal Stablecoin In The Absence Of Regulation
[Aug 10, 2023 6:00 AM] Earlier this week, popular American payment giant Paypal unveiled the launch of its USD-pegged PYUSD stablecoins to investors. In response, Democrat congresswoman Maxine Waters has raised palpable concerns that may or may not threaten the…