PYUSD is available to select users starting today and will be rolling out fully in the coming weeks. Venmo users can purchase PYUSD and send it to others on PayPal, Venmo and compatible external ...

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.

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, ...

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 ...

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 ...

PayPal, the online payment system giant, has confirmed its plan to enter the decentralized finance (DeFi) ecosystem following the official launch of PYUSD stablecoin. The latest information came ...

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

Fintech company PayPal has completed its first business payment using PayPal USD (PYUSD), its proprietary USD-pegged stablecoin. According to an Oct. 3 Bloomberg report, the payment was made to ...