PayPal’s stablecoin can now be transferred seamlessly between Ethereum and Solana networks, thanks to its integration with ...

PayPal‘s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), has made a significant leap in blockchain interoperability by ...

PayPal has integrated LayerZero with its USD stablecoin (PYUSD) for faster transfers between Ethereum and Solana.

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 ...

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 ...

PayPal’s United States dollar-pegged stablecoin, PayPal USD (PYUSD) has integrated with the cross-blockchain bridging ...

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 ...

Stablecoins expanded to more than $169.7B in supply, with most value locked in dollar coins and a smaller supply of ...

LayerZero, the leading interoperability protocol, today announced that PayPal USD (PYUSD) now utilizes LayerZero’s Omnichain Fungible Token (OFT) Standard to enable transfers between Ethereum and ...

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 ...

With the news that fintech behemoth Revolut is far along in the process of launching its own stablecoin, to join the likes of PayPal which released its dollar-pegged PYUSD PayPal USD stablecoin a ...

A stablecoin from PayPal. Introduced in the summer of 2023 and pegged to the U.S. dollar, PayPal USD (PYUSD) coins are issued by Paxos Trust, a limited purpose trust company regulated by New York ...