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 ...

Just as gold and cash coexist, stablecoin will serve payments while volatile cryptocurrencies remain an investment vehicle, ...

NEW YORK, June 11, 2025 /PRNewswire/ -- PayPal (PYPL) today announced plans to make the PayPal USD (PYUSD) stablecoin available on the Stellar network pending regulatory approval by the New York ...

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 ...

The risk on PayPal's balance sheet has increased, and the competition is not resting while PayPal unfortunately presented ...

PayPal has completed its first business transaction using its proprietary stablecoin, PYUSD. This milestone highlights the growing role of stablecoins in commercial transactions, moving beyond ...

PayPal has chosen the Solana blockchain to expand its stablecoin, PayPal USD (PYUSD), marking its first move beyond the Ethereum ecosystem. According to an announcement on May 28, PYUSD has been ...

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 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 ...