Tag: PayPals
SEC drops investigation into PayPal’s stablecoin
PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin.PayPal said in an [...]
SEC drops investigation into PayPal’s stablecoin
PayPal says the US Securities and Exchange Commission has abandoned its investigation into the payment giant’s US-dollar stablecoin.PayPal said in an [...]
PayPal’s PYUSD fastest-growing stablecoin – Forex News by FX Leaders
A research team at Hashdex reported that stablecoins’ market dominance rose by 3% in the third quarter of 2024. The two most well-known fiat-backed do [...]
PayPal’s PYUSD Stablecoin Hits $1B Market Cap as Activity Booms on Solana (SOL) Blockchain Amid DeFi Rewards
"My sense is that these incentives are not sustainable, but they are not designed to be permanent," David Shuttleworth, partner at research firm Anagr [...]
Aave Community Votes To Integrate PayPal’s PYUSD Stablecoin
In an ongoing governance vote, 99.98% of the participating AAVE token holders favor integrating PYUSD into AAVE's Ethereum-based pool. The voting on t [...]
PayPal’s Stablecoin PYUSD Part of Third Largest Liquidity Pool on Curve
"FRAX is kind of like the on-chain liquidity for PYUSD, and the latter is the offchain fiat ramp," Sam Kazemian, founder of Frax Finance, told CoinDes [...]
PayPal’s stablecoin ripple effect on markets
PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway [...]
If PayPal’s Stablecoin Is a Secuirty, Anything Could Be
To many observers, this latest “Well’s Notice,” which typically precedes but doesn’t always lead to an official lawsuit, reeks of the SEC “picking win [...]
Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions
The payments world is blanketed by financial intermediaries, each extracting a toll for their services. Creating a stablecoin involves PayPal buying a [...]
PayPal’s PYUSD Stablecoin Is Laden With Centralization Concerns
Speaking of security, we can’t ignore the stablecoin’s blacklist function. To be clear, other leading stablecoins, such as Circle's USDC and Tether's [...]
PayPal’s PYUSD struggles with early adoption — Nansen
PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to findings from blockch [...]
PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’
Although a clear regulatory framework for digital assets has yet to be established in the United States, PayPal — one of America’s largest financial t [...]
PayPal’s stablecoin opens door for crypto adoption in traditional finance
Global payment processing giant PayPal announced its United States dollar-pegged payment stablecoin called PayPal USD (PYUSD) on Aug. 7. The stablecoi [...]
PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase’s L2
In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its United States dollar-pegged stablecoin P [...]
PayPal’s Stablecoin Is No Libra. Why the Timing Feels Right
But in the grand scheme of things, PayPal’s project is in a far stronger position politically than the universally mistrusted Libra ever was. Republic [...]