On June 11, PayPal announced plans to make its stablecoin PYUSD available on the Stellar network. The integration of PYUSD on ...

PayPal Holdings Inc. Chief Executive Officer Alex Chriss said adoption of stablecoins in the US still faces significant ...

Stablecoins are already disrupting traditional finance and have the potential to eat away at banks' deposit base. Banks should be looking for ways to turn this emerging threat into an opportunity.

PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of the issues in the last three years.

The payments giant is integrating PYUSD, USDG and FIUSD into its network, expanding stablecoin payments and settlements for consumers and merchants.

Fiserv (NYSE:FI) and PayPal (NASDAQ:PYPL) on Monday said that they are partnering to build future interoperability between FIUSD and PayPal USD (PYUSD), to allow consumers and businesses to move funds ...

Fiserv on Monday unveiled plans to launch a stablecoin, joining a growing number of U.S. companies exploring the technology ...

PayPal is rolling out a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, ...

I n early August, PayPal launched a U.S. dollar denominated stablecoin designed for digital payments and Web3, and to be compatible with the most widely used exchanges, wallets and Web3 applications.

The case for PayPal’s ability to affect stablecoin adoption with its new project is strong, as recent statistics show that over 426 million PayPal accounts are currently actively used.

PayPal's decision to launch its stablecoin comes in response to the growing shift toward digital currencies and the need for a reliable bridge between traditional fiat and the emerging realm of Web3.

PayPal began work on a stablecoin about two years ago, partly as a competitive response to the Diem stablecoin that never launched. PayPal's potential strength is its size. PayPal has more than 400 ...