Browsing Tag
Paypal
59 posts
PayPal’s PYUSD Stablecoin Has $44.5M Reserve, 100% Backed
PayPal’s PYUSD issuer, Paxos, has released its first transparency report for the stablecoin. As per the document, assets…
PayPal Launches Direct Crypto-to-USD Conversion Service
PayPal has launched a new off-ramp service that will allow users to convert crypto into USD directly from…
Ex-PayPal President Turning Bitcoin Into ‘Global Payment Network’
Former PayPal President and current Lightspark CEO David Marcus has said that he is trying to “turn Bitcoin…
Stablecoins Overtake PayPal, MasterCard: $6.87 Trillion Volume Settled
Stablecoin adoption has been gradually rising. In 2022, companies like PayPal and Mastercard settled $1.36 trillion and $6.57…
Coinbase Announces It Will List PayPal PYUSD Stablecoin
In what is undeniably an important moment for the industry, Coinbase has announced that it will list PayPal’s…
PayPal’s Stablecoin PYUSD Can Succeed Where Facebook Failed
PayPal recently stepped into the stablecoin market with the launch of PYUSD. The company became the second big…
PayPal UK to Halt Bitcoin and Crypto Purchases
PayPal in the UK has announced that they are temporarily halting Bitcoin and crypto purchases beginning October 1st,…
Bank of America: PayPal’s Stablecoin Will Face Limited Adoption
According to a report by the Bank of America (BoA), PayPal’s new stablecoin, PYUSD, is unlikely to see…
Federal Reserve Issues Warning Over New PayPal Stablecoin
The US Federal Reserve has officially issued a rather surprising warning to banks regarding their work with PayPal,…
Stablecoin Market to Grow From $125 Billion to $3 Trillion: Bernstein
Over the past few days, a host of major developments with respect to stablecoins have taken place. PayPal…