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 ...

PayPal’s stablecoin PYUSD has integrated LayerZero to facilitate smoother transfers between Ethereum and Solana. The intention is to make such transactions more efficient by minimizing liquidity ...

The rewards will go live this summer for PayPal and Venmo users in the U.S., Bloomberg reported on Wednesday. People who hold PYUSD in their wallets will earn the 3.7% in more PYUSD, which they ...

PayPal has two big changes for PYUSD holders. You can expect a new rewards system for PYUSD stablecoin, PayPal's cryptocurrency that launched in 2023, and a new partnership with Coinbase ...

PayPal plans to offer 3.7% annual yield on its PYUSD holdings to its U.S. customers in a bid to spur wider adoption and capture the growing stablecoin market. PayPal is planning to offer a 3.7% ...

PayPal is upping the ante in the stablecoin wars as it’s set to begin offering U.S. users 3.7% annual returns on balances of its PayPal USD (PYUSD) stablecoin. The yield, accrued daily and paid ...

PayPal USD (CRYPTO: PYUSD), easier to buy and use. Coinbase is one of the leading U.S. crypto exchanges, and PayPal is a major player in e-commerce and online payments. Stablecoins are ...

Coinbase deepens PayPal partnership to drive PYUSD access and adoption. Bitcoin now viewed as a strategic asset alongside gold, says Coinbase exec. Memorial Day Special: Access your full investing ...

PayPal aims to offer its stablecoin, PYUSD, as an option for its more than 20 million small-to-medium sized merchants to pay vendors through its upcoming bill-pay product by the end of this year.

Launched in 2023, PayPal USD (PYUSD) is backed 1:1 by US dollars and is issued by Paxos Trust Company, a US-regulated crypto custodian. It competes with other regulated, dollar-backed stablecoins ...

Coinbase to let users redeem PYUSD directly for U.S. dollars Companies ... is waiving fees on transactions connected to PayPal's stablecoin and allowing its users to redeem the token directly ...

With a focus on crypto adoption and the company's ambitions for 2025, the discussion highlighted PayPal's journey from enabling crypto purchases to launching PYUSD, its fiat-backed stablecoin ...