Tag: PayPals
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 [...]
PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, [...]
Coinbase Launches Own Blockchain as Sleuths Scour PayPal’s Stablecoin Software
Decentralized finance or DeFi ecosystems are still suffering through crypto winter, according to the analysis firm Messari. As a whole, the industry’s [...]
PayPal’s Stablecoin Is a Watershed Moment for Finance
Until now, most of crypto’s big innovations have been for crypto-natives. PayPal’s stablecoin is different, says Austin Campbell, the former head of P [...]
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
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