Ethereum dominates $270 billion tokenized assets market as institutions adopt ETH for stablecoins, DeFi, and tokenized ...

Unlock PayPal's growth potential as new innovations and expansions aim to drive $300M–$500M in revenue by 2027. See more on ...

PYUSD Is Facing Difficulties In Acceptance The Paxos-issued stablecoin PYUSD looks to be having difficulties garnering on-chain usage, despite being backed by PayPal and set to be listed on Coinbase.

PYUSD considerably lags behind dollar-pegged stablecoins Tether (USDT) and USDC. According to data from CoinMarketCap, the two leading stablecoins command market capitalizations of almost $118 ...

Beyond merchant services, PayPal has other avenues where it can pursue growth. For example, Venmo, its peer-to-peer payment service, grew by 20% in Q2, its highest growth rate since 2023. Meanwhile, ...

Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank ...

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 has taken a key step in the mass adoption of cryptocurrencies with the launch of Pay with Crypto, a new feature that allows merchants to receive payments in cryptoassets instantly converted to ...

According to a tweet from Coinbase, trading of PYUSD will potentially commence on or after 9 AM PT on August 31, 2023, subject to meeting liquidity conditions. The exchange clarified that the ...

Since its launch last August, close to $200 million PYUSD has been issued, a number well below USD Coin’s market cap of $32.9 billion and Tether’s $110 billion.

PayPal introduces its own stablecoin, PYUSD. It's 100% backed by dollar deposits, short-term U.S Treasuries and similar cash equivalents. PYUSD aims to enhance digital token adoption for ...