Paxos Trust Company, the cryptocurrency firm behind PayPal's stablecoin, said it is applying to create a national trust bank ...

PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar deposits, short-term U.S Treasuries and similar cash equivalents. PayPal says the stablecoin is rolling out to U.S ...

PayPal’s senior vice president, Jose Fernandez da Ponte, highlighted the benefits of integration for PYUSD holders. He emphasized the added seamlessness and flexibility that LayerZero technology ...

With its recent “Pay with Crypto” feature, which lets U.S. merchants accept over 100 different coins, PayPal is pushing ...

PayPal plans to launch "Pay With Crypto" soon for U.S.-based merchants, allowing them to accept payments via digital ...

About PayPal USD (PYUSD)PayPal USD is issued by Paxos Trust Company, a fully chartered limited purpose trust company. Paxos is licensed to engage in Virtual Currency Business Activity by the New ...

PayPal’s stablecoin, PayPal USD (PYUSD), has reached a significant milestone, surpassing $1 billion in total market capitalization, according to CoinMarketCap.

“You have globally 650 million users that participate in the $3 trillion market of cryptocurrencies,” said Frank Keller, general manager of large enterprise and merchant platform at PayPal, in an ...

Paypal’s token PYUSD, which is pegged to the dollar, has lost 40% of its market cap. Currently, the stablecoin’s market capitalization stands at $618 M. In the last days of August, the market ...

Although PayPal’s latest earnings report was largely quiet on crypto, CEO Alex Chriss said on a call with analysts Tuesday morning that using the firm’s stablecoin, PYUSD, for cross-border ...

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 ...