PayPal Holdings' (NASDAQ:PYPL) dollar-backed stablecoin, PayPal USD (PYUSD-USD), moved a step closer to launching on the ...

At the time of writing, the market cap of PYUSD is valued at about $159 million, with almost $2.7 million in daily trading volume, according to data from CoinGecko. PayPal USD (PYUSD) stablecoin info.

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 ...

The total value locked on Flow increases by 46% quarterly. Triple-digit surge in Smart contracts and PayPal’s PYUSD ...

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

About PayPal USD (PYUSD)PayPal USD is issued by Paxos Trust Company, a fully chartered limited purpose trust company. Paxos is licensed to engage in Virtual Currency Business Activity by the New ...

PayPal's stablecoin launched to a lot of fanfare, but thus far it has had tepid adoption from both traders and shoppers. Called PYUSD, the stablecoin has a market capitalization of about $44 million, ...

PayPal launched the PYUSD stablecoin on the Ethereum (ETH) blockchain last August. The cryptocurrency, which complies with Ethereum’s ERC-20 token standard, is issued by Paxos Trust Company, a ...

In August 2023, payment processing giant PayPal announced the launch of its own stablecoin, PayPal USD (PYUSD). Given PayPal’s standing in the world of digital payments, the move quickly made ...

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 ...