Paxos, the issuer of PayPal’s PYUSD stablecoin, said Wednesday (Oct. 15) that it accidentally minted “excess PYUSD” and then removed the excess from circulation. Get...
Layer 1 blockchain network Stable said Monday (Sept. 22) that PayPal Ventures invested in its latest funding round and that Stable will enable users to...
Crypto is going mainstream in America, and it’s not an April Fools’ joke. Get the Full Story Complete the form to unlock this article and...
PayPal Holding’s senior management laid out a strategy at its annual Investor Day on Tuesday (Feb. 25) that will bolster omnichannel efforts under its “unified...
Meeting customer needs is an imperative for financial institutions aiming to stay competitive. But innovations often run into the elephant in the room: outdated and...
The PayPal USD (PYUSD) stablecoin now uses LayerZero’s Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. Get the Full Story Complete the form...
PayPal has reportedly completed its first business payment with its in-house stablecoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
You are the company you keep. And that old adage is good news for stablecoins, the digital currencies pegged to traditional fiat currencies like the...
PayPal USD (PYUSD) has made its debut on Venmo, offering select users a regulated, dollar-denominated stablecoin that is 100% backed by U.S. dollar deposits, short-term U.S. Treasuries...