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-term ...

PayPal is offering a 3.7% annual yield on its PYUSD stablecoin to get more people using it, after falling behind in a space already dominated by other players. The rewards will go live this summer for ...

PayPal’s stablecoin PYUSD outperformed Tron’s stablecoin USDD by market cap to become the sixth largest stablecoin in the crypto ecosystem. PYUSD’s market valuation grew by $140.9 million in ten days ...

PayPal (NYSE:PYPL) is making a strategic move by adding its (CRYPTO: PYUSD) stablecoin to the Solana (CRYPTO: SOL) blockchain, a network known for its association with meme coins. What Happened: ...

Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial technology companies — announced on Aug. 7 its U.S.

PayPal used its stablecoin to settle an invoice with Ernst & Young LLP: Bloomberg EY revealed in a July report that $PYUSD is among the most used stablecoins for ...