During Gary Gensler‘s tenure as chair of the Securities and Exchange Commission, the agency launched several cryptocurrency-related enforcement actions and investigations, arguing that most ...

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, short-term ...

PayPal PYPL announced that it is expanding access to its dollar-backed stablecoin, PayPal USD (PYUSD), to PayPal accounts across 70 global markets. Users can transfer funds internationally with faster ...

Investing.com--PayPal announced Thursday it has partnered with on-chain capital allocator Spark to grow the liquidity of its stablecoin, PYUSD, to $1 billion within a matter of weeks, according to ...

Update: This article has been updated to clarify that PYUSD is not exclusive to verified PayPal users and can be transferred across to general crypto users. Since the launch of PayPal’s new stablecoin ...

PayPal is rolling out its PYUSD stablecoin in 68 additional countries beyond the US and UK, aiming to reduce cross-border fees and offer rewards on holdings. Payments giant PayPal is expanding access ...

PayPal (PYPL) is extending the role of its PYUSD stablecoin into artificial intelligence finance, linking it to onchain funding mechanisms developed by USD.AI, a stablecoin protocol that provides ...

PayPal announced today that PYUSD, its stablecoin for payments and transfers, is now available on Venmo. PYUSD is available to select users starting today and will be rolling out fully in the coming ...