Tag: PYUSD
PayPal Stablecoin: PYUSD integrated into U.S Banking System – FX Leaders
PayPal Stablecoin: PYUSD integrated into U.S Banking System FX Leaders
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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 [...]
Paxos Cuts 20% of Staff: Bloomberg
In an all-hands email obtained by Bloomberg, its CEO Charles Cascarilla said that the layoffs “allows us to best execute on the massive opportunity ah [...]
PayPal Makes Retail Stablecoin Play with PYUSD on Solana
“Ethereum works well enough,” said PayPal's Senior Vice President of Blockchain, Jose Fernandez da Ponte. "But if you’re interested in retail payments [...]
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 faces SEC action related to PYUSD stablecoin: Report
Payment giant PayPal has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stableco [...]
PayPal rolls out PYUSD stablecoin to Venmo users
Major United States-based payment processor PayPal has announced its PYUSD stablecoin is now available on Venmo.In a Sept. 20 blog post, the payments [...]
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating that the coin is ful [...]
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 [...]
Branded Stablecoins Like PYUSD to Proliferate as Market Expands: Bernstein
Just this week, payments giant PayPal (PYPL) said it was entering the crypto market with its own dollar-pegged stablecoin, PayPal USD (PYUSD). This is [...]