The SEC has called for stricter regulation of the $124 billion stablecoin market as it cracks down on the crypto industry. The U.S. Securities and Exchange Commission (SEC) has subpoenaed fintech ...
Fintech company PayPal has completed its first business payment using PayPal USD (PYUSD), its proprietary USD-pegged stablecoin. According to an Oct. 3 Bloomberg report, the payment was made to ...
Named PayPal USD, the stablecoin is backed by U.S. dollar deposits, short-term U.S. treasuries and similar cash equivalents, making it redeemable one-to-one for U.S. dollars, PayPal said in a ...
PayPal (PYPL) has taken a significant step in digital payments by completing its first business transaction using its proprietary stablecoin, PayPal USD (PYUSD). This move reflects the increasing ...
How does PayPal USD work? The PayPal USD stablecoin mirrors the value of the U.S. dollar while allowing owners to transact globally with minimal fees. Moreover, the asset can be used freely across ...
Detroit has announced plans to accept cryptocurrency tax payments through PayPal starting in mid-2025, becoming the largest ...
Digital assets management platform Fireblocks has announced the launch of a $1 million grant program for companies building blockchain-based projects using the PayPal USD (PYUSD) stablecoin.
BCB Group has announced a "multi-currency solution leveraging stablecoins" designed to consolidate payments from different ...
Solana's (CRYPTO: SOL) ecosystem showed notable financial and institutional growth in the year’s third quarter, securing $173 ...
Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies issued by governments (like the US Dollar or Euro), cryptocurrencies are ...