Tag: PYUSD
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 [...]
PayPal stablecoin launch sparks wave of fake PYUSD tokens
Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attemp [...]
5 Questions About PayPal’s Ethereum-Based Stablecoin (PYUSD)
In reality, PayPal would probably just not allow that (since, let’s face it, this stablecoin is not even pretending to be decentralized), but if getti [...]
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